Fintech, Finance, Technology, Banking Highlights – 6 December 2017
N26 introduces metal card for ‘global generation’
The world is now closer and more connected than ever. Yet we still have a desire for the physical—items that you can hold and call your own.
Out of these two opposites comes N26 Metal—a card designed to feel, look, and act differently. N26 Metal is the result of hours of refining, distilling and applied design. It embodies the best of unique, physical design and the ambition for new experiences and horizons.
Put concretely, N26 Metal is a stunning card—representing the best of our unique style—that is paired with exclusive offers from curated partners, preferred Customer Support, and comprehensive travel insurance.
This card takes you places while maintaining that unique connection to the moment.
The beauty is in the details: the design behind N26 Metal.
Thomson Reuters expands Connected Risk platform
Building on its commitment to deliver a suite of next-generation governance, risk and compliance (GRC) solutions to assist the global financial and corporate communities, Thomson Reuters has expanded further its Connected Risk platform to include a Model Risk Management (MRM) solution, allowing institutions to demonstrate a real-time understanding of their model risk landscape, with the ability to report on the model’s governance status, sign-offs and related issues from a single platform source.
Financial modeling plays a critical role in several financial institution activities, including credit underwriting, risk management, capital adequacy and instrument valuation. The MRM solution is designed to provide Risk professionals with a holistic understanding of how each of these models in the business is derived, validated and applied. It features a simple, yet powerful approach to model governance, allowing for the capture of on-the-go updates and additions to the model inventory with real-time reporting to regulators, committees and cross-risk functions. Changes are managed robustly with an audit trail of supporting documentation, issues resolution and sign-off.
Credit card redemption startup Earny raises $9 million
Earny, the personal finance service that automatically monitors for and claims refunds on past purchases through retailer and credit card price protection policies, announced today that it has raised $9 million in series A financing to accelerate growth.
The funding round led by Mayfield with participation from Comcast Ventures and existing investor Science Inc. brings the company’s total funding to $11.5 million.
As a leading consumer advocate service, Earny automatically gets hundreds of thousands of shoppers money back on almost every item they purchase by tracking price adjustments and retrieving the difference. Most people either aren’t aware their credit cards or favorite retailers have price protection policies when products get discounted after a purchase. What’s more, many people don’t want to bother with the hassle of filing claims.
Orange Bank deploys Moneythor PFM app
Moneythor, the financial technology company providing banks and fintech firms with a digital banking toolkit and data-driven personalisation engine, has been deployed by Orange Bank in its new all-in-one mobile banking service.
Orange, one of the world’s leading telecommunications operators, has launched Orange Bank on 02 November 2017 in France. The new 100% digital service offers customers the ability to carry out all operations using their mobile phone. Moneythor is providing the technology powering the digital interactions of customers with their transactions from both accounts and cards, including real-time balance1 and personal financial management (PFM) features helping them improve their finances throughout their journey with the bank.
