Connect with us
https://tickernews.co/wp-content/uploads/2023/10/AmEx-Thought-Leaders.jpg

Leaders

Protecting oceans and marine life

Published

on

Digital lending and payment provider WLTH and Parley for the Oceans, a new form of environmental organisation, announce a five-year partnership to empower customers with an innovative lending solution that offers an everyday way to protect the oceans and support the movement to end marine plastic pollution across Australia. 

WLTH is collaborating with Parley for the Oceans to develop and deliver simple mechanics to its customers to aid in the protection of Australia’s treasured reefs and coastlines from the threats of plastic pollution.  

Aimed at a new generations of banking customers who are driven by authentic, impactful commitments to environmental responsibility, WLTH and Parley for the Oceans will deliver an eco-innovative suite of products and services over the next five years.

Scheduled for release in Q4 2021, WLTH will introduce the Convego® Parley Ocean Card developed with Giesecke+Devrient (G+D). The innovative new payment card, made of Parley Ocean Plastic®  created from intercepted and upcycled marine plastic waste, will empower cardholders with an everyday tool to take action for the oceans.  

Founder and CEO of Parley for the Oceans, Cyrill Gutsch said: “To end plastic pollution and the environmental crises behind it, we need to align our economic system with the ecosystem we all depend on: the oceans. Everyone has the power to demand change and take action to help create it, but it’s on industry leaders to own the responsibility of bringing new and better options into reality. The keys are collaboration and eco-innovation. This Convego® Parley Ocean Card and the alliance behind it represent the future we have the opportunity to create, and the role leaders of financial technology can play in shaping it.”

The dynamic partnership with WLTH gives Parley for the Oceans a new platform to scale its global mission to intercept plastic from beaches and coastlines while educating communities throughout Australia. Together, WLTH and Parley for the Oceans are re-imagining the future of lending and its social impact, creating a practical solution for customers to actively address today’s major ocean threats.

Co-founder of WLTH, Drew Haupt commented: “With sustainability in our core DNA, we have partnered with Parley for the Oceans and G+D to launch the first recycled ocean plastic cards in Australia. Not only is it an honor to be one of the first fintech doing so, but it’s also a goal we’ve been aspiring to achieve since the planning phase of building WLTH.”

“As a business, we want to make a difference to the environment and the world around us, and through this partnership, we will be fighting against the growing threat of marine plastic pollution, as well as protecting the oceans and waterways, that are such a huge part of the Australian lifestyle.”

Out of the gate, WLTH will contribute proceeds to Parley for the Oceans with every new user who activates a WLTH Pay account. WLTH will include additional mechanics such as round-up features, plastic off-setting options, and will host events and customer expeditions with Parley for the Oceans throughout the year to raise awareness for the beauty and fragility of the oceans.

WLTH’s commitment to support Parley for the Oceans includes allocating contributions for every home loan towards Parley for the Oceans’ Australian Clean-up Efforts to support intercepting plastic from beaches and coastlines from around the country. 

Global Head of Sales and Distribution at G+D, Dr Carsten Wengel added: “Consumers are looking for new ways to a more sustainable lifestyle. That’s why we offer banks our ecologically eco-innovative payment cards. They remind consumers every day of their own and their bank’s environmental commitment to protecting the planet.”

For more, head to https://www.wlth.com/

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Leaders

Experts question social media ban’s effectiveness for youth

Debate over social media ban: Alex Coates advocates education over enforcement, warns of risks for youth and community connections

Published

on

Debate over social media ban: Alex Coates advocates education over enforcement, warns of risks for youth and community connections

In Short:
– The ban aims to enforce social media protocols for the younger generation.
– Alex Coates argues for education over enforcement, highlighting challenges in monitoring restrictions.

A new ban on certain social media platforms aims to establish protocols for children’s online usage, but experts question its effectiveness.

Alex Coates from Interactive Australia highlights the challenges of policing such restrictions and suggests that education on safe social media habits may be more effective than enforceable laws.

Emerging platforms like Yope and Lemonade are already attracting young users looking to bypass the initial bans, raising concerns about enforcement. Coates points to the lack of a reliable digital ID system as a significant hurdle, making it difficult to control who accesses certain platforms.

Marginalised and regional communities could face unintended consequences, as social media often serves as a key communication tool. Experts warn that failing to discuss online safety at home may exacerbate domestic issues, while the shift to less regulated platforms could increase risks to mental health, cybersecurity, and digital resilience.

Coates encourages families and individuals to seek more information and join the ongoing dialogue with Interactive Australia.

For more information, visit Interactive.


Download the Ticker app

Continue Reading

Leaders

AI scams target Australian shoppers during festive season

AI scams surge as Australian retailers prep for record holiday spending, risking consumer losses and heightened fraud detection challenges

Published

on

AI scams surge as Australian retailers prep for record holiday spending, risking consumer losses and heightened fraud detection challenges

In Short:
– Australian shoppers are projected to spend $6.8 billion over Black Friday to Cyber Monday, attracting fraudsters.
– Australians are losing nearly $1,700 per person to sophisticated AI-generated scams, nearly double last year’s loss.

The Australian Retail Association projected shopper spending at $6.8 billion over Black Friday to Cyber Monday, viewed as a prime opportunity for fraudsters. According to Adyen country manager, Hayley Fisher, recent Adyen Index findings reveal Australians lost nearly $1,700 each to scams, primarily driven by AI technologies. AI advancements are making scams more convincing, leading consumers to fall victim to fraudulent emails mimicking trusted brands. Retailers face sophisticated fraud leveraging AI, with scams designed to mimic genuine shopping behaviours. The festive period is crucial for retailers seeking new customers while managing the challenge of distinguishing legitimate shoppers from fraudsters.

Consumers are advised to be vigilant during this shopping season, verifying URLs and being cautious with card details. Retailers are urged to employ advanced AI-based fraud detection tools, moving away from outdated methods that fail to combat modern fraud tactics.

Adyen implements its “Adyen uplift” method, incorporating behavioural signals to enhance fraud detection and prevention. Retailers should evaluate the effectiveness of their strategies post-Black Friday to refine approaches for Cyber Monday. Additionally, there is a push for improved customer experiences as retailers streamline payments both online and in-store to manage customer flow efficiently.

For more information, visit Adyen.


Download the Ticker app

Continue Reading

Leaders

Regional small businesses thrive through digital marketing strategies

Regional small businesses thrive as marketing improves and technology enhances growth potential amid rising city living costs, says Sarah Cann

Published

on

Regional small businesses thrive as marketing improves and technology enhances growth potential amid rising city living costs, says Sarah Cann

In Short:
– Small businesses outside major cities are growing due to better marketing, streamlined systems, and strategic focus.
– The internet enables regional businesses to connect with wider audiences and scale operations effectively.

Small businesses outside major cities are experiencing rapid growth due to enhanced marketing, streamlined operations, and focused strategies. Rising living costs in urban areas are prompting many entrepreneurs to seek opportunities in regional markets.The internet and technological advancements enable these businesses to reach local, national, and international audiences more easily. Transitioning from local to national mindsets is facilitated by digital marketing and online platforms.

Sarah Cann from Powered by Sarah Cann, highlights the importance of effective, integrated marketing for small businesses. She refers to this as “functional marketing,” stressing the need for a solid marketing foundation rather than reliance on trends. Expert marketing advice is recommended for sustainable growth.

Regional businesses often benefit from authenticity, as owners typically serve as the face of their brands, fostering strong connections with customers. Their agility allows them to adapt quickly compared to larger enterprises. Building community, both online and offline, is vital for cultivating loyalty and customer relationships.

Cann offers a comprehensive approach to marketing, including market research, strategy, product development, and digital advertising. She provides flexible services, functioning as a fractional chief marketing officer or collaborating with existing teams.

For more information, visit Powered by Sarah Cann


Download the Ticker app

Continue Reading

Trending Now