Nesta news and trends

As UK Readies For Open Banking, FinTechs Struggle With SMB Awareness
B2B Payments // November 21, 2017

U.K. financial institutions (FIs) have been advised to comply with the EU’s Revised Payment Service Directive (PSD2) regulations despite Brexit, but the U.K. has its own Open Banking initiatives coming into force in 2018, too. They’re a result of the Competition and Markets Authority (CMA)...

Nesta Chooses 20 FinTechs For SME Banking Competition
B2B Payments // July 20, 2017

Innovation foundation Nesta has announced the 20 FinTechs chosen to compete for a $6.5 million prize as the company looks to boost innovation in the small business banking space. As part of its Open Up Challenge, announced in February, Nesta called for FinTechs that are...