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Published 06 June 2018

Kony, a provider of digital banking solutions, has launched new Kony DBX digital banking platform and application suite to help banks and credit unions cost-effectively accelerate their digital strategy.

This announcement marks a major advancement of Kony’s strategic focus on digital banking, which brings together more than a decade of digital expertise across multiple industries, advanced technology solutions and an expansive partner network.

Kony is also the first vendor to provide pre-built, native and web apps along with a purpose-built digital banking platform to help banks and credit union deliver frictionless digital experiences across all customer touchpoints, with greater business agility.

As consumer preference has shifted more to digital, many banks and credit unions are at a disadvantage compared to big banks and innovative fintech startups. This is mainly due to outdated, complex legacy systems, which make it challenging for regional, community banks and credit unions to digitally transform.

The Kony Digital Banking Platform is the industry’s first purpose-built platform for digital banking that empowers banks and credit unions to cost-effectively deliver exceptional digital customer experiences seamlessly and securely across all of its banking services and channels.

In addition, the Kony DBX Retail Banking app offers easy access to a growing portfolio of more than 125+ features and functionalities, allowing banks and credit unions to accelerate digital innovation, address real-world customer experience challenges, and drive profitable customer growth.

“The battlefield for customers in banking is being fought on a digital front, and regional banks and credit unions are struggling to keep up,” said Jeffery Kendall, senior vice president of Global Banking & Financial Solutions, Kony.

 “They are being outspent and out-marketed by the big banks, and these organizations don’t have the resources or the agility in-house to

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