Kony Introduces Version 2.0 of the Industry’s Most Configurable & Extensible Mobile Banking Application

Kony Mobile Banking 2.0 is the Most Feature-Rich Mobile Banking Solution on the Market, Offering Seamless Integration Across Multiple Operating Systems and Thousands of Devices

ORLANDO – Kony Solutions, the mobile industry leader who powers mobile for two of the three largest U.S. banks, today introduced Version 2.0 of Kony Mobile Banking, a turn-key mobile solution built on the company’s flagship KonyOne 4.0 platform.

More extensible and configurable than any other mobile application on the market, Kony Mobile Banking 2.0 offers immediate access to state-of-the-art mobile banking features, such as payment approvals, mobile check deposits, and full account management capabilities. Only Kony Mobile Banking provides companies with the flexibility to integrate business-specific intellectual property into their applications. Kony Mobile Banking offers organizations virtually limitless mobile functionality and protection for their investments in mobile technology.

“Financial institutions must deliver the latest mobile banking services on the devices and browsers their customers use, while staying ahead of the technology curve,” said David Eads, vice president and general manager of Kony’s Financial Services division. “With Kony Mobile Banking, institutions have the best of both worlds – an off-the-shelf, mobile offering that is continuously updated to support new phones, tablets, and browsers via KonyOne; and the option to configure or even completely customize their applications with the features their customers want, avoiding ineffective ‘cookie cutter’ offerings.” For example, banks could use the expert data visualization and charting tools in KonyOne to add unique financial management features into their application to give consumers new ways to manage their finances.

Highlights of Kony Mobile Banking 2.0 include:

• Innovative Features: Kony Mobile Banking has the industry’s most in-demand features, including remote deposit capture and payment approvals available from day one. Kony takes advantage of the latest mobile capabilities and device features to deliver an engaging and interactive experience for users on any device or browser.
• Complete Configurability: Kony’s web based administration interface lets financial services organizations quickly modify look-and-feel, enable and disable features, and re-organize menus.
• Ultimate Extensibility: KonyOne applications are easily extended to support business-specific applications and requirements, such as third party solutions or the organization’s own custom-built modules.
• Seamless Integration: Using KonyOne, Kony Mobile Banking integrates easily into any back-end system. Integration options include online banking and commercial banking systems adaptors, web services, standard ERP & CRM adapters, scraping, and custom connectors that can consume enterprise data from a variety of sources.

Kony Mobile Banking is built on the KonyOne 4.0 platform. Developers can also build their own custom applications on KonyOne to get to market faster, while reducing development costs by 40-70% over traditional development practices. Organizations can develop applications in-house using the KonyOne Studio, Kony’s world class development environment. Alternatively, institutions can turn to the growing number of KonyOne-certified developers from industry leading systems integration partners to build custom applications.

All Kony applications can be delivered in native and mobile web (HTML5 and non-HTML5) across more than 9,000 devices, 7 operating systems and multiple channels and additional deployment models including hybrid, social media, SMS/MMS, kiosks, desktops and tablet applications. Unlike competitors, Kony also constantly updates application features and is the only vendor to offer SLAs for support of new operating systems, form factors, and devices; ensuring that enterprises stay ahead of the mobile curve.

“One of bankers’ biggest frustrations is having to gamble on which devices and browsers to support with limited resources. Ultimately this means banks must ignore certain customer segments and delay functionality,” said Eads. “With Kony Mobile Banking, we give institutions ultimate control over their mobile offering, empowering them to develop and deploy mobile offerings with cutting edge features that come standard. Plus, KonyOne apps run on any device that makes sense for their business.”

For information about Kony Mobile Banking, please visit: http://kony.com/industry-solutions/kony-mobile-banking.

About Kony Solutions

Kony enables companies to provide innovative mobile solutions on every mobile device. Leveraging the KonyOne Platform, an application is defined just once, and deployed across more than 9,000 devices, 7 operating systems and multiple channels, including native, HTML5 and mobile web, hybrid, social media, SMS/MMS, kiosks, desktop and tablet applications. KonyOne provides a universal framework that ensures the best user experience by optimizing all native capabilities for each device operating system and browser. Given the market’s rapid rate of device and platform upgrades, Kony future proofs applications against OS and browser updates, providing SLAs guaranteeing timely support of the newest operating systems and devices. Leading brands have built business-to-consumer (B2C) and business-to-employee (B2E) applications with KonyOne, including Hotwire, Huntington Bank, Hyatt, Toyota and Capital One.

In 2011 Kony was positioned as a “Visionary” in the Gartner Magic Quadrant for Mobile Consumer Application Platforms (MCAP) report. Kony has been named a Gartner Cool Vendor, a ‘Most Innovative Company of the Year’ by the American Business Awards and was chosen as one of Fast Company’s 100 innovative Apple-affiliated achievers.

For more information, please visit www.kony.com. Connect with Kony on Twitter, Facebook and LinkedIn.