Kony ranked among top mobile banking technology vendors


Kony, a mobile application platform provider, announced
the company has been named a top mobile banking vendor in Tower Group’s
“Review of North American Consumer Mobile Banking Technology Vendors:
Chasing A Moving Target” report.


According to the report, Kony Solutions’ highly
customizable Mobile Banking Application has attracted the attention of several
tier 1 FSIs as well as financial institutions using the solution for non-mobile
banking deployments (e.g., insurance, investments).


Kony led the vendors reviewed in feature/function
score as well as solution customization score. Kony’s solution is primarily
designed for institutions that want the ultimate flexibility and control over
their mobile deployments.


However, only top-tier and large midtier institutions
will likely have the resources or internal support for the development platform
approach. The solution can be installed in turnkey fashion using Kony’s
professional services to deliver the application according to client


“We are pleased to be recognized as a leading mobile
banking solution provider by such a prestigious organization,” said Raj
Koneru, CEO, Kony.


“We spent two years in dedicated development of the
Kony Platform, ensuring our technology could aptly solve the mobile chaos
problem for brands and provide valuable touch points with customers. Today we
work with financial services companies globally to provide them with powerful
mobile banking solutions through both our best-in-class platform, as well as
off-the-shelf customizable solutions,” added Koneru.


Built on the Kony Platform, Kony Mobile Banking is an
off-the-shelf mobile banking solution that enables leading financial services
companies to leapfrog the competition by extending beyond commonplace


Leveraging the application design and its single code
base, the Kony Platform generates each client specific application, optimized
for that channel and format whether that is a smartphone, mobile Web browser,
tablet, SMS, Web gadget or kiosk.


Kony’s capability to create native applications for more
than 9,000 devices, operating systems and channels without compromising native
features and functionality offers brands a unique opportunity to deepen the
customer experience through the mobile medium.


‘Change Once, Change Everywhere’ ensures that any design
modification in message, flow, feature or design is simultaneously applied to
the application across all extensible clients, achieving an effective, broad,
and consistent mobile experience.


In addition, Kony’s unique single application definition
approach ensures faster adoption of new operating systems and standards as they
are introduced, eliminating maintenance, upgrade and future development costs.


By Telecomlead.com Team
[email protected]