Kofax to Demonstrate Award-Winning Mobile Capture Solution at FinovateAsia
November 13 2013 - 6:00PM
Business Wire
Global and Southeast Asia Markets Offer
Opportunities for Mobile Growth
Kofax® plc (LSE: KFX), a leading provider of smart process
applications (SPAs) for the business critical First Mile™ of
customer interactions, today announced it has been selected as part
of an elite group of financial and technology companies to
demonstrate its advanced mobile mortgage solution at FinovateAsia
today in Singapore. This is the third consecutive Finovate in which
Kofax mobile solutions will have been showcased.
According to Morgan Stanley Research, by 2014, the total number
of global mobile Internet users is expected to surpass the total
number of desktop Internet users.1 In Southeast Asia, the annual
use of non-PC Internet traffic has been increasing rapidly from
15.4% in September 2012 to 20.9% in March 2013.2
“These consumer trends are what drove us to develop Kofax Mobile
Capture™, and we look forward to demonstrating how we can catapult
mortgage lending into the future at FinovateAsia,” said Drew Hyatt,
Senior Vice President of Mobile Applications. “Kofax Mobile Capture
has been winning industry accolades, including the 2013 Mortgage
Technology Harnessing Mobile Award, because it helps lenders engage
with customers in a more convenient and productive manner.”
During the one-day showcase of cutting-edge financial and
banking technologies, Kofax will demonstrate how Kofax Mobile
Capture can turn mobile devices into powerful customer engagement
platforms. Using the Kofax Customer Onboarding Solution, customers
can initiate new mortgage, loan or account applications faster, and
lenders can achieve near-perfect data accuracy while building trust
through automated follow-up communications. Banking customers can
now easily submit images of identification documents and
paper-based trailing documents such as tax forms or utility bills
to initiate and complete the customer onboarding process directly
from mobile devices.
The company also will demonstrate how various types of data from
Internet portals, email and faxes can be processed on the same
platform, and how Kofax’s advanced analytics give lenders real-time
dashboards and increased visibility across all channels of customer
engagement, including the ability to identify adoption patterns,
trends, bottlenecks, and efficiencies for improved decision
making.
About FinovateAsia
FinovateAsia is a demo-based conference for innovative startups
and established companies in the fields of banking and financial
technology. Held in Singapore, the event offers an insight-packed
glimpse of the future of money via a fast-paced, intimate and
unique format. FinovateAsia is organized by The Finovate Group. For
more information on the event or to view videos of previous demos,
please visit www.finovate.com/asia.
About Kofax
Kofax® plc (LSE: KFX) is a leading provider of smart process
applications for the business critical First Mile of customer
interactions. These begin with an organization’s systems of
engagement, which generate real-time, information-intensive
communications from customers, and provide an essential connection
to their systems of record, which are typically large scale, rigid
enterprise applications and repositories not easily adapted to more
contemporary technology. Success in the First Mile can dramatically
improve an organization’s customer experience and greatly reduce
operating costs, thus driving increased competitiveness, growth and
profitability. Kofax software and solutions provide a rapid return
on investment to more than 20,000 customers in banking, insurance,
government, healthcare, business process outsourcing and other
markets. Kofax delivers these through its own sales and service
organization, and a global network of more than 800 authorized
partners in more than 75 countries throughout the Americas, EMEA
and Asia Pacific. For more information, visit kofax.com.
©2013 Kofax plc. Kofax is a registered
trademark and First Mile and Mobile Capture are trademarks of Kofax
plc.
1 Morgan Stanley Research, presented in comScore’s State of
the Internet Webinar, June 14, 20122 comScore, Southeast Asia
Digital Future in Focus 2013, July 26, 2013
Media Contact:Kofax plc.Colleen EdwardsVice President,
Corporate Communications+1 (949)
783-1582colleen.edwards@kofax.comorInvestor Contacts:MKR
Group, Inc.Todd Kehrli+1 (323) 468-2300kfx@mkr-group.comorFTI
ConsultingSophie McMillan / Elodie Castagna+44 (0) 20 7831
3113kofax@fticonsulting.com
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