Old National Bank continues to invest in its future with Neural Technologies Inc.

Bad debt and fraud can have a considerable impact on the success and bottom-line profitability of an organization, a particular concern for companies offering financial services.

Date: 1st April 2013
Categories: Technology

 To protect against this and in line with its ethos of strength and integrity, Evansville-based Old National Bank has signed a further contract with leading risk management software specialist, Neural Technologies.

Over the last four years, Old National Bank has worked with Neural Technologies to develop a robust credit originations platform to identify high-risk prospective customers at application stage.  To further improve the bank’s application and loan origination decision-making process and confidence in acquiring new customers, the contract includes an upgrade to the latest Minotaur Liquid Credit Enterprise Platform, allowing the organization to consolidate its risk solutions to a single platform.

“We have been very pleased with the consistent high level of service provided by Neural Technologies. We are looking forward to migrating to their new Minotaur Liquid Credit Enterprise Platform” comments Kerry Foley, Senior Vice President ­ Credit Administration Functions at Old National Bank.

Ian Gebbett, CEO of Neural Technologies Inc. added: “It has been a pleasure to work with Old National since the start of our relationship in 2009. We are very excited to have been selected to deploy our new Minotaur Enterprise Risk Platform in 2013 and very much look forward to assisting Old National in their future goals of consolidation to an enterprise solution.”

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