<\/span><\/h2>\n\n\n\nSustainability has recently evolved into a somewhat overused catchphrase, especially with the fintech industry jumping on the bandwagon of the sustainable living trend. <\/p>\n\n\n\n
Nevertheless, non-government and government organizations are compelling banks and other fintech companies to reveal their environmental friendliness through various directives. <\/p>\n\n\n\n
For example, the European Commission announced the Corporate Sustainability Reporting directive to encourage businesses to become more environmentally conscious. Meanwhile, in 2023, the US Securities and Exchange Commission (SEC) required companies to disclose climate-related risks and opportunities.<\/p>\n\n\n\n
Fintech firms and banks are also actively reducing their environmental impact, with some promising to achieve carbon neutrality and waste reduction. These institutions use advanced monitoring and reporting tools to ensure each project provides dependable and lasting environmental impact, strengthens biodiversity, and helps local communities. <\/p>\n\n\n\n
The future for the fintech sector can be promising. Key industry players are demonstrating an insatiable appetite for innovative financial solutions, and there is vast growth potential.<\/p>\n\n\n\n
The key to success still lies in unwavering regulatory adherence and a customer-centric approach. With these two concepts in mind, fintech businesses can adapt and skillfully navigate the complexities of this year\u2019s trends.<\/p>\n","protected":false},"excerpt":{"rendered":"
More consumers are relying on digital payments to manage their daily purchases. In 2020, the digital payments market recorded a global transaction value of $8,487.9 billion, making it the biggest segment within the fintech landscape. The numbers underscore the significant profit potential within the industry. With the right strategy, fintech businesses ideas can boost their […]<\/p>\n","protected":false},"author":21,"featured_media":242695,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"tdm_status":"","tdm_grid_status":"","footnotes":""},"categories":[3629],"tags":[],"_links":{"self":[{"href":"https:\/\/www.hitechwork.com\/wp-json\/wp\/v2\/posts\/242687"}],"collection":[{"href":"https:\/\/www.hitechwork.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.hitechwork.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.hitechwork.com\/wp-json\/wp\/v2\/users\/21"}],"replies":[{"embeddable":true,"href":"https:\/\/www.hitechwork.com\/wp-json\/wp\/v2\/comments?post=242687"}],"version-history":[{"count":3,"href":"https:\/\/www.hitechwork.com\/wp-json\/wp\/v2\/posts\/242687\/revisions"}],"predecessor-version":[{"id":243906,"href":"https:\/\/www.hitechwork.com\/wp-json\/wp\/v2\/posts\/242687\/revisions\/243906"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.hitechwork.com\/wp-json\/wp\/v2\/media\/242695"}],"wp:attachment":[{"href":"https:\/\/www.hitechwork.com\/wp-json\/wp\/v2\/media?parent=242687"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.hitechwork.com\/wp-json\/wp\/v2\/categories?post=242687"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.hitechwork.com\/wp-json\/wp\/v2\/tags?post=242687"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}