LEADERSHIP TEAM
Mick Oppy
Co-Founder & CEODaniel Norton
Co-Founder CTOBill Hampton
CROEvan Uchtman
Director of OperationsJared Morgan
Director of Client SuccessMelissa Kopp
Director of Client ExperienceDavid Patrick
Director of EngineeringPayment Innovations for
Financial Institutions
What WE Solve
Digital Payment Technology
is Complicated. Don’t Go It Alone.
Today’s digital payment landscape is evolving rapidly, with the world’s biggest banks, credit unions and non-financial technology companies competing to launch the newest payment innovations.
While this is exciting for the fintech space and consumers, it’s a challenging trend for most financial institutions that simply don’t have the professional and financial resources to build their own payment technology.
Most small and mid-sized banks and credit unions don’t have the time or personnel to take on custom IT development. It’s difficult to recruit the limited tech talent available for a payment project, and the costs of development are high. Moreover, because most of these financial institutions have a limited network of users and there is limited brand loyalty, the investment of time, energy, talent, and funds into P2P development just doesn’t pay off.
At the same time, customers are getting confused by the sea of independent digital payment apps that operate outside of a traditional FI, and they’re facing a high risk of fraud and inconsistent experiences when making a payment.
With so many challenges to both the financial institutions and the consumer, how is a traditional bank or credit union to compete?
Industry Challenges
// For the FIs
- Crowded field, competition from non-FI tech companies = losing cardholders
- Limited network of users
- High cost of development/limited capital
- Limited resources: requires tech expertise most FIs don’t have Time consuming
- No brand loyalty/high cost of investment doesn’t pay off
// For the Customer
- Confusing: too many options outside of the FI
- High risk of fraud
- Inconsistent experiences
Our Solution
Technology Innovations
at the Pace of Business with Neural Payments
Leveraging our significant experience in working with both financial institutions and payment processors on a global scale, Neural Payments creates financial technology solutions that offer simple, seamless integration within an FI’s existing digital platforms, empowering banks and credit unions to skip the high-cost, time-consuming work of internal custom development.
With Neural Payments solutions, FIs can adopt change at or ahead of market pace to compete in the complicated fintech landscape, lowering transaction costs, minimizing fraud exposure, and building consumer loyalty and digital adoption.
What We Can Do
Technology Innovations
at the Pace of Business with Neural
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Why Neural Payments
- Our experience: global banks and payment processors
- Simple, seamless, fast solution integration
- Other services that make NP stand out from the competition
Benefits to FIs
- Skip high cost, time-consuming internal development
- Build consumer digital adoption/FI loyalty
- Lower transaction costs
- Minimize fraud exposure