News

NestEgg has won a grant from Innovate UK’s Innovation in Financial Services Competition. The Innovate award recognises NestEgg as an innovative company that is improving the use of Open Finance. Open finance is the next iteration of Open Banking. In addition to connecting bank accounts, people can choose to share information about their assets including…

NestEgg is very pleased to be announced as a finalist in the Consumer Credit Awards: ‘Technology Partner of the Year’ category. Often the focus is on the technology side of that partnership. NestEgg has certainly helped grow the loan books of our lender clients. However, it’s the outcomes from the hard work of our credit…

Credit unions improve credit scores That’s just one finding of many, as NestEgg hits a new milestone; £500,000,000 of loans assessed! Our decision engine is now processing one in every four credit union loans. That’s roughly one per minute. These data reveal new lending insights that we’ll be sharing over the coming weeks. Some insights…

Outsourcing rules are contained in Chapter 14 of the PRA Rule Book. In short, where an important operational function is outsourced, additional controls should be in place to manage that service. In most cases where a credit union is relying on cloud-based services – outsourcing rules apply. As organisations rely more than ever on the…

NestEgg is proud to announce we are now ISO 27001 certified. As of 7th November 2022, we have been certified for ISO 27001. This certification independently verifies that NestEgg follows information security best practices with our technology, people and processes. This is good news for your data. ISO 27001 certification is something we have been…