Italian Fabrick partner with Doconomy to provide CO2 impact calculations in innovative open banking projects

Doconomy has signed a partnership agreement with Italian open banking platform Fabrick, part of Sella Group. By combining the unique Doconomy eco system for sustainable banking with the refined system of financial solutions that Fabrick offers, more banks and financial players can meet the growing demands from customers to provide tools to understand and manage the impact of their consumption. The partnership comes as a result of the close strategic collaboration Mastercard has with both Doconomy and Sella Group. Doconomy’s Åland Index impact methodology can now be offered through the Fabrick open banking platform, making Everyday Climate Action possible to a wider range of individuals.

”The strong commitment in Italy to connect the importance of every day sustainability with the efficiency of financial services makes my heart sing! Through this collaboration, with ambitious and innovative partners like Mastercard and Fabrick, even more users will be able to track, measure and act on their CO2 impact. 2030 is approaching and we all need to do our part to reduce our carbon footprint. Through innovation and collaboration thought leaders in Italy is rapidly moving from “green chic” to green at core” says Mathias Wikström, CEO at Doconomy

Fabrick is providing the financial services industry with innovative open banking platform projects, acting as a hub in enabling collaborations between fintechs, banks and corporations. The Doconomy partnership adds further value and abilities to the Farbrick platform’s present and future clients.

“Mastercard and Doconomy deal is a clear example of how collaborations between different players can bring advantages to the co-creation of new widespread solutions and how the platform model can make their implementation fast and easy. This new solution adds a great value to our offer and opens a new important chapter that witnesses a key role of sustainability in financial innovation” Paolo Zaccardi, Fabrick CEO, states.

“The importance of facing climate change is, for Mastercard, one of its top priorities and social responsibilities. The partnership with Doconomy and Fabrick is a further step to develop an innovative sustainability solution in Italy. Through this new deal we are pleased to offer Italian banks a service that provides them with the opportunity to accelerate and raise awareness among consumers towards better behaviours and a more sustainable lifestyle” – ended Michele Centemero, Country Manager Italy Mastercard.

With the Fabrick partnership Doconomy is strengthening their position in Italy even further. In addition to Fabrick, Doconomy is already collaborating with Findomestic Banca and Flowe. Two great examples that Italian financial service providers are global front runners in making change possible, based on the understanding of the importance of providing clients with tools to be more responsible in terms of everyday consumption.

For additional information – please contact:

Masse Benesch, Head of Communications

masse.benesch@doconomy.com

+46 733 14 14 34