TX-based Kony has enabled Partners Federal Credit Union to provide its members with a mobile banking application that offers differentiated mobile experience and ease of use. The cloud-based Kony Mobility Platform enables Partners Federal Credit Union to quickly develop and deliver member mobile banking apps, and accelerate membership adoption and growth.
CA-based Partners Federal Credit Union, a not-for-profit financial cooperative offers membership to employees and cast members of The Walt Disney Company and their family members. As a full-service financial institution with over $1 billion in assets with 126,000 members principally in Florida and California, Partners offers its members a full array of financial products, including savings, checking, loans, wealth management and the latest in account access.
The updated Partners Federal Credit Union Mobile Banking App continues to offer core banking functions such as mobile deposits, transfers and bill-paying, but also has more advanced features, including a “Partners Perks” section that gives members access to coupons and deals with local and national merchants, an education portal where members can sign up for money management seminars and download podcasts, and a built-in survey tool that lets members provide immediate feedback.
Partners Federal Credit Union collaborated with Kony to transition an aging version of its mobile banking app to the Kony Mobility Platform, and Partners cast members are taking full advantage of the access and convenience offered by the new app. The pace of on-boarding is strong as more than 1,800 members per month are downloading the new mobile banking application. And since its launch, mobile deposits have increased 20 percent, credit card payments are up 64%, and share transactions have increased 34%.
With the Kony Mobility Platform, Partners Federal Credit Union rapidly designed and seamlessly delivered its mobile banking app in just seven months. The streamlined workflow has enabled Partners to double their release schedule and deliver new features with a regular cadence. And, Partners looks forward to introducing new mobile features like opening new memberships, applying for a loan, fingerprint authorization, and push notifications to alert members of new features.