Tesco Bank has announced a digital collaboration with the University of Edinburgh to tackle social issues.
Deedit is a web-based app which encourages people to carry out small acts of kindness throughout the Edinburgh Festival, such as picking up litter, buying a sandwich for a stranger or giving directions.
Users are then encouraged to share their activity with a photo through the app.
The digital experience aims to tackle issues such as plastic pollution, litter and homelessness.
Deedit is part of a collaboration – named Project Mercury – between the Centre of Design Informatics and Tesco Bank to explore fintech, develop talent and foster innovation and creative thinking.
Project Mercury has seen university students and academics work in partnership with Tesco Bank’s digital and design-practice department to explore the possibilities of emerging digital technologies, such as blockchain.
Grant Bourbousson, digital director at Tesco Bank, said: “Working with the university has provided a range of exciting development opportunities for our colleagues.
“Participants in Project Mercury have explored ways in which we can harness developments in data technologies and how these could be used to help deliver better services for our customers.
“This partnership demonstrates our commitment to talent development, innovation and the exploration of new and emerging technologies.”
SIGN UP TO OUR NEWSLETTER TO RECEIVE MORE NEWS LIKE THIS STORY
Monese introduces student account
Monese has launched a student account for international and domestic students...
Tide secures £8m of funding
Tide has received £8m of new funding as it plans to move into its next stage of growth...
Starling Bank introduces personal loan products
Starling Bank has launched its first personal loan products offering up to £5,000...
Industry reacts to bank service league tables
Earlier this week, the Competition and Markets Authority (CMA) released the survey results ranking banks on their quality of service...
So you've signed up to the Women in Finance Charter – what now?
In July, it was revealed that 272 companies had signed up to HM Treasury’s Women in Finance Charter, covering over 760,000 financial services employees in the UK...
OakNorth completes its largest deal to date
OakNorth has completed its largest deal to date with a £40.2m property investment loan to Select Property Group...
Industry predicts the future of banking
Banking is forever evolving, with new entrants to the market and modern technology being introduced on a regular basis...
Triodos Bank provides £7m facility to First Choice Housing Association
Triodos Bank has provided £7m of funding to First Choice Housing Association (FCHA), which provides accommodation for vulnerable people across Wales and Shropshire...
The role of banks in the smart city
Smart city is a great buzzword. The term envisages a city where information and communication technologies like ‘the internet of things’ are connected to enhance the quality and performance of urban cities and thus urban living itself...
Tesco Bank offers cashback remortgage products
Tesco Bank has started offering customers cashback on a new range of remortgage products...
Handelsbanken ranks top for business current account service
Handelsbanken has topped the rankings of Great British SME current account providers, according to a survey ordered by the Competition and Markets Authority (CMA)...