Five identity fraud tactics and how to close each gap

Strong credit union fraud detection means catching these patterns before they cost you money. In a recent blog post we introduced Multi-Source ID Verification (MSID). This is a single, configurable score built from everything NestEgg already sees about an applicant, with a 2+2 compliance gate and warning flags that pull cases for manual review. We…

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Three small features, one better lending experience

Not every improvement to a lending journey needs to be big. Sometimes it’s the smaller features that add up to make a difference – fewer stalled applications, less manual work, faster turnaround. This month we’ve rolled out three new features, each solving a specific piece of everyday friction that slows loans down. Individually modest. Together,…

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How Open Banking speeds up the loan application process

People working with computer

Last reviewed August 2026 i QUICK ANSWER Open Banking lets you securely share your bank transaction data with a lender in a few clicks, replacing the need to find, download and send paper bank statements. For credit union applications through NestEgg, connecting Open Banking can reduce a loan decision from days to hours. Before a…

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How open banking keeps your data safe

woman looking at phone

Last reviewed August 2026 i QUICK ANSWER Yes, Open Banking is safe. Your bank login details are never shared with anyone. Instead, a secure one-time token is used for each connection. Open Banking is regulated by the Financial Conduct Authority, uses bank-grade encryption, and requires multi-step authentication. You stay in control and can disconnect at…

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