Climate engagement solution, ecolytiq, is partnering with cloud banking platform Mambu to make scalable, effective climate action solutions easily accessible for financial institutions. ecolytiq’s climate engagement product suite “will be available on the Mambu marketplace that serves 110 million end users.”
The partnership will offer financial service providers more options “to engage with sustainable banking.”
Climate change is reshaping our planet and “with it the way we bank.” And more and more customers, “recognizing the urgency, want to act now.” According to research by Mambu, half of all customers “would consider changing their bank to an institution with a stronger commitment to sustainability.” Customer demand is revolutionizing “the way banks connect with their customers.”
Together with Mambu, ecolytiq is “meeting changing customer demands with offerings that power a new generation of green finance.”
Mambu’s composable approach to banking “enables seamless connection with ecolytiq through APIs, affording commercial clients with the added flexibility to take climate action on their terms with new products for their customers, built and integrated seamlessly across their digital channels.”
Combining ecolytiq’s sustainability features “with Mambu’s expertise in API-driven, cloud banking platform allows banks and financial institutions to act quickly on the climate crisis and take the first step towards sustainable banking.”
Small and medium-sized businesses will especially “benefit from added transparency on the impact of their purchases and guidance towards more sustainable business operations.”
Ulrich Pietsch, Co-founder and Managing Director of ecolytiq, said:
“Financial institutions need embedded solutions that are as robust as the challenges we face. Our work with Mambu is an extension of our commitment to meet banks with a wide range of options that promote action on climate change while strengthening their relationship with their customers.”
Nick van Bommel, Sales Director, Northern & Central Eastern Europe at Mambu, shares:
“When it comes to making greener financial and lifestyle decisions, there is a role for banks to play in empowering their customers with the right information. ecolytiq provides climate impact insights, and by teaming up with Mambu, more financial services customers have the option to embed this into the products they build on our platform.”
As noted in the update, the climate action solution from ecolytiq guides banks and financial service providers in channeling consumer demand “for sustainability into new business growth.”
The ecolytiq product suite “enriches traditional banking with embedded transaction-based footprinting, personalized climate insights, and access to environmental projects.”
This inspires more top of wallet behavior, “resulting in more positive environmental impact for banks and their customers.”
ecolytiq is partnered “with leading financial institutions globally, including Visa, TSYS, Rabobank, Vancity, and Tink. ecolytiq is also a member of the Visa Fintech Partner Connect Program, enabling banks to seamlessly implement comprehensive sustainability strategies.”
