AUSTIN, Texas, July 12 (Bernama-BUSINESS WIRE) -- Kony, Inc., a leading provider of digital banking solutions, today announced that sales growth for its Kony DBX business has dramatically increased, growing 69 percent in fiscal 2018. The company also increased its new banking customer base by 115 percent worldwide.
The rapid growth comes on the heels of Kony’s recent launch of its DBX digital banking platform and application suite. Kony DBX represents a major advancement to help banks and credit unions deliver frictionless digital experiences to customers across every point of interaction. Kony is the first vendor to provide pre-built, native and web apps along with a purpose-built digital banking platform for financial institutions. The Kony DBX platform builds on Kony’s digital expertise in multiple industries, with advanced technology solutions supported by an expansive partner network.
“When you enjoy the intersection of compelling market forces and best-in-class solutions, good things happen,” said Thomas E. Hogan, chairman and CEO of Kony, Inc. “Kony is bringing the market’s leading digital banking platform to banks, credit unions and insurance companies around the world. Through Kony DBX, many of the world’s leading financial institutions are leveraging a new way to deliver better user experiences, and do so with agility, security and efficiency.”
Kony serves more than 90 financial services companies around the world, including banks of all sizes, credit unions and insurance companies. Some of the customers that recently partnered with Kony to accelerate their digital transformation include CIMB Niaga, CommonWealth One Federal Credit Union, IndusInd Bank, Hancock Whitney Bank, Logix, Mercantil Bank, ORNL Federal Credit Union, Orange County’s Credit Union, Partners Federal Credit Union, PSECU, TDECU, and TMB Bank.
“For more than a century, Hancock Whitney Bank has helped our Gulf South clients and communities achieve their financial goals and dreams. We are continuing that commitment through delivering innovative digital solutions that engage our clients and improve client satisfaction,” said Jennifer Wilson, senior vice president and chief digital officer, Hancock Whitney Bank. “With Kony, we are making significant forward progress in our digital banking journey, and we look forward to leveraging the newest capabilities of Kony’s digital banking solutions.”
“We have been partnering with Kony to provide an omnichannel experience both for retail customers and small to midsize businesses. With multiple apps across channels and platforms, TMB has been able to penetrate into a large user base, and increase the assets,” said Lorenzo Tassan-Bassut, Chief Operating Officer, TMB Bank. “With business and IT collaborating well with service providers, TMB has seen the rapid pace of Agile based development, several technology innovations and is able to successfully create and improve digital banking experiences for TMB’s internal business development managers and end customers.”
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