Page 36 - GS231202_flipbook

NewProducts

Embed sustainability directly

into your platform

core operations and transactions. ESG values are here to
stay, and consumers and investors are demanding greater
transparency and social responsibility from businesses, he
added.

Companies across all industries are increasingly looking to
ils launched a fintech platform designed to help align their ambitions with ESG principles and pursue op-
global businesses integrate sustainable values portunities that offer long-term societal benefits and busi-
into digital payments. The company's B2B2C ness growth, and Fils aims to address these issues, he stat-
F platform is intended to build trust and help ed, adding that Fils is already tackling ESG implementation
buyers and suppliers re-balance the planet, according to challenges head-on to help businesses promote a sustain-
Nameer Khan, chairman at Mena Fintech Association and able future.
founder of Fils.
Kahn further noted that to achieve true sustainability, in-
"Fils is a catalyst for the evolution of ESG [environmental, dividuals, enterprises and governments must look beyond
social and corporate governance] enforcement and has the climate-neutral policies and support society's most vulner-
right team, technology, experience and expertise to lead the able, namely, the financially excluded and those most im-
market," he said. "With our robust infrastructure, it spells pacted by global disasters.
the end of greenwashing and clears a path toward greater
accountability and implementation of actionable outcomes Support the global ESG movement
that can improve the sustainability of the world we live in."
Fils is an enterprise-grade digital infrastructure that enables
Khan went on to say that Fils created a digital ecosystem businesses of all sizes and industries to embed sustainable
designed to connect payment infrastructure, organizations, practices and climate action into their business models and
customer journeys. Leveraging the latest, groundbreaking
impact makers and consumers. These capabilities help or-
ganizations increase sustainable practices and receive digi- fintech innovation, Fils fintech aims to transform the busi-
ness landscape and bring about a better world for all—with
tal payments faster, easier, more securely and with greater
transparency. every transaction to every action contributing to a thriving
planet.
Enterprise-grade B2B2C platform
Pointing out that Fils partners can estimate carbon emis-
Designed as a holistic, enterprise-grade B2B2C product of- sions for specific transactions using the company's API,
fering, Fils leverages leading technologies end to end across Khan said this applies to flights and rides as well as prod-
its core infrastructure and can be adapted to numerous in- ucts and shipping, all providing insights into the carbon
dustries and use cases, including financial services, hospi- intensity of common actions. Offering this information
tality, and ecommerce, Kahn noted. Participating organiza- will enable customers to understand their environmental
tions can embed Fils assets into their solutions to act on and impact while fostering a culture of sustainability and in-
comply with core values of ESG, he added. formed decision-making, he stated.

Khan indicated that additional partnerships with lead- The company pointed out that partnerships with leading
ing enterprises are currently in development. Fils' unique financial services brands have furthered Fils' mission and
pillars of technology, he added, can potentially transform supported its growth as it continues to innovate and invest
ESG acceptance, deployment and best practices through in carbon credits for impactful change. Fils representatives
its API-first digital payment infrastructure, which makes affirmed the company's commitment to work with verified
sustainability a lifestyle and can be easily embedded into carbon projects, embed sustainability into digital payments
platforms across sectors. infrastructures and make it easier for any institution to
A timely solution help create a better future.
The launch of Fils came ahead of COP28, where representa- Company: Fils
tives from the world's leading nations met to address the Product: Fils
global climate crisis, emphasizing that this is a pressing Website: https://filsnow.com
issue that can no longer be ignored. Kahn noted that nu-
merous firms have yet to incorporate climate action into Contact: hello@filsnow.com

36