15. LIFE ON LAND

Daily Tearsheet: Banks’ role in the climate crisis, greenwashing on Wall Street, and DataDay Conference 2022 videos – Tearsheet – Tearsheet

Written by Amanda

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The Green Finance Podcast Ep. 3: Banks’ role and responsibility in the climate crisis with Chris Skinner

In the third episode of the Green Finance Podcast, host Iulia Ciutina is joined by Chris Skinner, a financial technology expert, global commentator, bestselling author of multiple books, and owner of the website The Finanser.

Chris talks about banks and their role in the climate crisis — how big banks historically supported the global fossil fuel industry through massive amounts of funding, and are now being pressured to change.

Listen/read more

DataDay Conference 2022: All session videos

On June 21, 2022, we convened Tearsheet’s DataDay Conference, the premiere event in the financial services industry that focuses on financial data and the ecosystems currently being built by data aggregators, banks, payment firms, fintechs, and alternative sources of data used for financial decisioning.

We learned about the latest trends in the industry, growth challenges and opportunities for new and existing players, and met some of the top professionals making it all happen.

These videos are available for viewing for 7 days, after which they’ll be made exclusive to members of our Outlier program. You can sign up to access all our content here.

Watch videos

The latest briefing

Green Finance Briefing: Greenwashing on Wall Street, and climate tech stocks outperforming the market

Regulators are cracking down on misleading ESG claims at big banks, signaling that they’re paying close attention to the wave of greenwashing happening in finance.

Goldman Sachs is the latest target of an SEC investigation, following the greenwashing probes into BNY Mellon and DWS earlier this year.

ESG is the latest fashion trend to take over Wall Street – ‘green’ products are in this season, and many banks have responded to the increasing demand by offering ‘sustainable’ investments.

Read more (exclusive to Outlier members)

Just look at the charts

1. How real-time payments are going global

Source: Thunes

2. The future of fintech

SourceSanjeev Kumar

Today’s stories

Too late for damage control?
After Brex’s announcement to cut off SMBs caused an uproar, founder and co-CEO Pedro Franceschi expressed regret over the “poor job explaining this decision” (TechCrunch)

Raisin Bank enters the payments space with new acquisition
German BaaS player Raisin Bank has agreed to buy a Bankhaus August Lenz unit, which will allow it to offer electronic payment transactions as well as cash solutions to partners and customers (Finextra)

Glia acquires Finn AI to bolster virtual offerings
Digital customer service firm Glia is set to acquire conversational AI technology company Finn AI — the agreement will integrate Finn AI’s conversational AI solutions into Glia’s platform (Finovate)

Klarna lashes out at “frankly irresponsible” Barclays research
Klarna is disputing new BNPL research published by Barclays with debt charity StepChange that warns many people could fall into financial peril due to unregulated financial products (PYMNTS)

Revolut rolls out Pay Later in Ireland
Revolut has picked Ireland as the first market to launch its BNPL product, which will see it go head to head with the likes of Klarna and Afterpay (Bloomberg)

Stay ahead of the game with Outlier — Tearsheet’s exclusive members-only content program and join the leading financial services and fintech innovators reading us every day.

Source: tearsheet.co

About the author

Amanda

Hi there, I am Amanda and I work as an editor at impactinvesting.ai;  if you are interested in my services, please reach me at amanda.impactinvesting.ai