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Green Banking

Welcome to the News View for "Green Banking".

Here, on these archive pages, you'll find all of the articles on Payments News for Green Banking listed in date sequence beginning with the most recent article at the top of the page.

Click here for a complete listing of what's available in the Payments News Archive - organized by both posting date and subject category.

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January 06, 2010

TransactionTree, Hypercom Introduce Email Receipts for Multilane Retailers

Hypercom and TransactionTree have announced that Hypercom’s Optimum L4150 payment terminals will support TransactionTree's application that provides the ability for merchants to replace ink and paper-based receipts with paperless email receipts. READ MORE »

November 16, 2009

Gemalto Unveils World’s First Bio-Sourced Degradable Smart Cards

Gemalto_logo-140px.jpgGemalto has launched the world’s first bio-sourced degradable smart cards. According to the company, "the card body is made from renewable material, is easily recyclable and compostable, and can be incinerated without emissions of toxic fumes. Additionally, Gemalto offers packaging made from recycled paper and vegetable inks that significantly reduce the product’s environmental impact. Gemalto’s bio-sourced smart cards will be ready for mass production in the first quarter of 2010." READ MORE »

April 25, 2008

Fiserv and SunTrust Are Trading Bill Payments for Trees

Fiserv and SunTrust have announced 'they will donate one tree for every SunTrust customer who signs up for electronic bill (e-bill) activation or pays at least three bills online or via a mobile phone between April 14 and June 30, 2008. With assistance from the Arbor Day Foundation, Fiserv and SunTrust have set a goal of planting more than 10,000 trees as part of the campaign.' READ MORE »

April 21, 2008

Wells Fargo Introduces Earth Day 2008 Initiatives

Wells Fargo has announced it is 'offering consumers a $250 incentive for the purchase of new residential photovoltaic solar energy systems, hosting a sweepstake to encourage customers to bank online, and expanding its Wells Fargo Rewards program to include a line of eco-friendly options.' READ MORE »

April 14, 2008

Citi Cards Launches EcoSweepstakes Promoting Going Paperless

Citi, the world's largest provider of credit cards, has announced the launch of its EcoSweepstakes, "a promotion to encourage customers to go paperless. Every time cardmembers enroll in one of Citi's convenient online account management services or perform eligible activities, they are automatically entered to win great green prizes, including a Brand new hybrid car or a green home makeover." READ MORE »

March 18, 2008

PayItGreen Alliance Asks Consumers to Green Their Finances

The PayItGreen Alliance says it is "asking consumers to turn off paper bills and statements and make payments electronically. The Alliance, comprised of leaders in the financial and consumer billing industries, was formed in 2007 to educate consumers about the positive environmental impact of choosing electronic bills, statements and payments over paper alternatives. The Alliance has named April as PayItGreen Month to launch this initiative."

READ MORE »

February 05, 2008

A Look at Green Credit Cards

In an article titled 'Credit Cards' Latest Pitch: Green Benefits', Carolyn Cui writes for the Wall St. Journal about various card issuer initiatives 'designed to cash in on people's worries about global warming.'

November 29, 2007

Bank of America Launches Brighter Planet Credit Card

Bank of America has announced that it has teamed with the organization Brighter Planet to "offer a credit card that helps customers reduce their contribution to climate change and invest in the development of clean, renewable energy projects."

READ MORE »

September 25, 2007

Green Credit Cards

Cherie Berkley writes for Bankrate.com about "the greening of credit cards".

September 19, 2007

NACHA Forms Green Coalition

NACHA has announced the formation of a "green coalition" to educate consumers about the positive environmental impacts of choosing electronic bills, statements, and payments over paper. The leadership partners include Bank of America, CheckFree, Citibank, Citizens Bank, EPN, the Federal Reserve Banks, Fiserv, JPMorgan Chase, Wachovia, Wells Fargo, and U.S. Bank.

READ MORE »

July 25, 2007

GE to Launch GE Money Earth Rewards Platinum MasterCard

Claudia Deutsch writes for the New York Times about GE Money's expected launch today of the GE Money Earth Rewards Platinum MasterCard - a card that "allows cardholders to forgo a 1 percent cash rebate on purchases and earmark that amount for projects that reduce greenhouse gases."

July 24, 2007

Going Green by Eliminating Paper

Javelin Strategy & Research has published a new report titled "2007 Online Banking and Bill Payment: Trends, Forecasts, and Strategies for Reinvigorating Growth and Adoption" that suggests that "consumers can financially do well by doing good, improving financial control while eliminating the paper bills, statements and checks that harm the environment through forest destruction, wastewater, fuel consumption, air pollution and landfill waste."

READ MORE »

March 14, 2005

PNC Bank Goes Green

As part of an initiative to integrate its business practices with environmental responsibility, PNC Bank has announced plans to ensure new bank branches meet U.S. Green Building Council Standards.

"As a bank we recognize the importance of wise investments and that the integration of green principles into our business practices enhances the value we deliver to customers, shareholders, communities and employees," says Neil Hall, CEO of regional community banking at PNC. "Good environmental sense makes good economic sense."

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