Kofax Launches Mobile Capture Platform to Enable the Rapid Development and Deployment of Smart Mobile Capture Apps
January 16 2014 - 3:00AM
Business Wire
New, Easily Customizable Frameworks for Mobile
Bill Pay and Mobile Check Deposit Apps Are Also Now Available
Kofax® Limited (NASDAQ: KFX)(LSE: KFX), a leading provider of
smart process applications for the business critical First Mile™ of
customer interactions, today announced the availability of the
Kofax Mobile Capture™ Platform, which dramatically transforms how
businesses can extend capture capabilities to their mobile
customers. The Company also launched two new frameworks for mobile
bill pay and mobile check deposit apps, which are built using the
platform and can be easily customized to meet an organization’s
unique branding and other requirements.
The new Kofax Mobile Capture Platform enables organizations to
rapidly develop and deploy any number of mobile apps on a single
platform that uses Kofax’s patented and market-leading image
capture and perfection, real time data extraction and validation
and analytics capabilities. Using this platform, organizations can
speed time to market with mobile apps, achieve substantial cost
savings, make better informed decisions to drive incremental
revenue and free themselves of the undesirable vendor dependencies
associated with alternative approaches.
As consumer preference for conducting business via mobile
devices continues to grow, Kofax’s Mobile Capture Platform can help
organizations turn their customers’ smart phones and tablets into
powerful devices that enable real time transactions. Data contained
within captured documents can be automatically extracted, validated
and submitted for downstream processing, eliminating the need for
tedious manual entry. In addition, the platform’s analytics improve
an organization’s customer knowledge and can be positioned to take
advantage of upselling opportunities. Businesses that provide the
best possible mobile user experience and better understand their
customers naturally enjoy a competitive advantage.
“An increasing number of businesses today are turning to mobile
technology to better engage with customers while increasing
productivity and profitability,” said Chris Marsh, Principal
Analyst at Yankee Group. “As these businesses continue to establish
and expand their mobile capabilities, it will become increasingly
critical for them to build upon a platform that is scalable and
compatible with a broad range of applications and devices. Kofax
clearly understands this.”
Drew Hyatt, Senior Vice President of Mobile Applications at
Kofax, stated, “Prior to the launch of the Kofax Mobile Capture
Platform, banks and insurance organizations had limited options for
mobility and were investing in unique, proprietary solutions for
each individual use case while relying upon the related vendor to
maintain and enhance those apps. By empowering businesses with
tools that allow them to drive their own mobile development on a
single platform, Kofax has blown away the early market limitations,
opening up a world of new opportunities in mobile. Kofax’s
perpetual license pricing model also is more cost effective than
the per-click pricing prevalent before today.”
Kofax also is launching easily customizable frameworks for two
apps built on the Kofax Mobile Capture Platform:
- Kofax Mobile Bill Pay, with patented
image perfection, enables banks and their customers to easily and
effectively capture bills and add payees to a bank’s automatic bill
pay system. This improves customer service and satisfaction, and
more closely ties users to the banks’ mobile banking and online
solutions, which has proven to significantly reduce the likelihood
of a customer switching banks.
- Kofax Mobile Check Deposit gives
banking customers the ability to deposit checks directly from their
smartphones and tablets. Kofax’s ability to capture checks with
superior image quality enables banks to process more checks faster
with greater accuracy. It also delivers more accurate data to the
core banking system, resulting in fewer exceptions that would
otherwise require manual intervention.
For more information on mobility from Kofax, download the
whitepaper, “Meeting Customers Where They Are with Dynamic, Real
Time Mobile Engagement” or attend the webcast, “Turn Smartphones
into Powerful Systems of Engagement,” on February 26, 2014 at 8:00
a.m. and 4:00 p.m. Pacific Standard Time.
About Kofax
Kofax® 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 financial services,
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.
©2014 Kofax Limited. Kofax and Kofax Mobile Capture are
registered trademarks and First Mile is a trademark of Kofax
Limited.
Source: Kofax
Media Contact:Kofax LimitedColleen 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+44
(0) 20 7831 3113kofax@fticonsulting.com
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