Unparallelled benefits for the environment and your business
Burbank’s authentication and payments platform revolutionises the way business processes are handled, offering unparalleled benefits for both the environment and your business.
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For payments
Stabilised energy demands
AI applications are regularly used in payments for fraud detection, risk management, and transaction processing. These advanced AI applications require substantial computational power, particularly for real-time operation to ensure transaction security and efficiency. And this reliance on AI significantly increases energy consumption. Burbank technology reduces the need for payments-related AI systems, which prevents an increase to environmental impact. ​
For banking
PIN set up and changes made easy
PIN mailers sent by traditional post have a significant carbon footprint requiring paper, printing, physical transportation, and wastage (landfill). Delivering PIN set up and changes electronically eliminates all these factors, creating a highly sustainable, low impact process. Furthermore, digital processes also minimise the risk of lost or stolen mail, enhancing security and efficiency.​
Digital payments for a greener future
Digital payments bring significant environmental benefits over traditional payment terminals. They reduce the need for additional hardware, cutting down on energy use, raw material extraction, and e-waste. By leveraging existing devices like smartphones and eliminating paper receipts, digital transactions save trees and reduce deforestation. Additionally, data centres for digital payments can be optimised for energy efficiency and use renewable energy, further minimising environmental impact.
​​Financial inclusion for all demographics
Burbank’s technology utilises a process that is well-embedded in society (tap and PIN) - understood and trusted by all age groups, including the elderly. This seamless blend of traditional and digital presents an uncomplicated customer experience that supports Issuer goals and requirements around financial inclusion.