|Kony enables Credit Union to deliver a fully customised mobile banking application|
|Wednesday, 07 October 2015|
Kony, Inc., the leading enterprise mobility company, today announced it
has helped ORNL Federal Credit Union (ORNL FCU) establish a competitive
advantage by delivering unique mobile app experiences to its members.
ORNL Federal Credit Union was established in 1948 and is the largest credit union in eastern Tennessee with nearly $1.7 billion in total assets. Faced with the pressure of adapting to the digital requirements of today’s consumers – a massive 111 million mobile banking users by 2016 nationally – ORNL FCU developed an enterprise mobility strategy built on Kony’s cloud-based mobile platform to help retain its current member base and grow its membership. As the number of millennials using mobile phones for banking in the U.S. is expected to reach nearly 95 percent by 2019, ORNL FCU recognised it needed to invest in its mobile app to cater to its growing demographic of younger users.
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