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11 April 2016: Australia has many wonderful things unique to itself, but one thing it has in common with the world is the concern for the environment. The global concern about the current state of the planet is one of the most consistent and biggest topics on earth. People are challenged daily by non-profits, communities and businesses alike to make environmentally friendly choices.
This awareness, however, is not limited to just the simple things in life like separating glass bottles from the rest of the rubbish. Environmental awareness is a huge opportunity for innovation in many businesses, and very importantly, banks.
It is important that people adapt to the innovative solutions that banks offer and help companies to globally lessen the impact on the environment. Below are some basics tips on how you can be more environmentally aware when banking.
For most of your current and future life, visiting the bank consistently is something of the past. Unless you are opening a new account, which some banks now also offer through an online application, just about every single thing you would need to use your bank account can be done online. This includes basic transactions, investing, trading, and business services.
As with Internet banking, a banking app is a powerful platform to almost everything you would have usually done at a physical branch. Banking apps are an extension of what internet banking offers.
If you are in the habit of meticulously working through your bank statements every one or three months, consider receiving them electronically. Paper might feel more natural now, but as you go on, you will start appreciating the accessibility and time-saving power behind electronic statements!
Many banks now promote using recycled materials within their branches. This includes marketing materials like brochures and posters.
Back to topWondering what to do with your money in the new year? Scott Pape has some tips and a warning for what could be in store.
Read more…Here's how to make sure you're still earning bonus interest on your ING savings account in 2021.
Read more…We look at how the new Revolut Junior accounts for Australians aged 7-17 compare to the popular money app and kids debit card offered by Spriggy.Â
Read more…With the official cash rate cut to a historic low 0.10%, you'll need to shop around if you want to earn a good interest rate on your savings.
Read more…Interest rates on Australian savings accounts are at record lows, but there are a few key benefits to keeping cash in a savings account.Â
Read more…SPONSORED: You need to look after your financial health, not just your physical and mental health, during the COVID-19 pandemic. Here's how to do it.Â
Read more…Although there are no masses of clearly labelled "green" banks right now, it's still a good idea to make sure your banking solution offers, at least, the above-mentioned services. Some banks, like HSBC, have partnered with eco-friendly or non-profit initiatives that are working at creating greater awareness around environmental issues. Others, like Westpac, have focussed on decreasing its environmental impact from an operational, as well services, point of view.
Banks play a vital role in how we interact with money and it results in banks storing vast amounts of data all around the world. This data can include:
All of these datasets are in paper form and place immense weight on the ecosystems of the world.
The global demand for resources from the environment is not something that can be ignored. And this doesn't even touch on the vast impact of paper money all around the world. Fortunately, banks are aware of the issue and have made innovative steps in helping customers practice environmentally friendly banking habits.
Learn why you should consider ditching disposable coffee cups and how to compare your reusable coffee mug options.
SPONSORED: You need to look after your financial health, not just your physical and mental health, during the COVID-19 pandemic. Here's how to do it.Â
Which Australian banks are really doing their bit for the environment? Find out with the Finder Green Awards.
Cyber risk expert Mark Jones looks at how the pandemic is affecting online security issues both at home and at work – and what we can do about it.
In this submission to the Treasury inquiry into Future Directions for the Consumer Data Right being led by Scott Farrell, we focus on the topic of switching and how this could be encouraged through the introduction of write-access to the CDR. We also share some details on switching in the industries set to be covered by the CDR, as well as high-level views on how write-access could be used to enable payment initiation through the CDR.
In this episode of Pocket Money, we talk about how to cope when life goes wrong, financially, emotionally or physically. From coronavirus to cancer, how can you learn to bounce back quicker and in better shape than ever?
A helpful guide to creating a budget, no matter where you are with your money.
SPONSORED: Want a more efficient home? Make life more convenient with these clever devices you can control from anywhere.
The best luxury eco-resorts and back-to-basics eco-lodges you can find in Belize.
The Bank of Canada is looking at how CBDC can drive innovation in all financial services.