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Jeffery Kendall Appointed to Lead Kony’s Digital Banking Business to Drive Global Growth Strategy and Market Leadership

AUSTIN, Texas – September 17, 2018 Kony, Inc., a leading provider of digital banking solutions, today announced the company has appointed dedicated leadership and resources to support the rapid growth in its Kony DBX business, including naming Jeffery Kendall to the newly created position of senior vice president and general manager of Kony DBX, the financial services arm of Kony, Inc. In this role, Kendall will focus on helping Kony DBX achieve its high-growth agenda by further expanding its global presence and market leadership.

Kendall brings more than 20 years of experience in enterprise-scale digital transformation. He has in-depth expertise working with customers on all facets of digital solutions, including customer experience, self-service, workflow automation and operational efficiency. During his seven-year tenure at Kony, Kendall has held a variety of go-to-market, partner, and operational senior leadership roles. Prior to joining Kony, Kendall was responsible for directing strategic alliances, channel partners and global product marketing for NCR’s self-service industry solutions. Kendall has also previously held multiple IT and product leadership roles leading global development teams in the ideation and launch of consumer-facing applications.

The company also appointed Miljan Stamenkovic as regional vice president of Europe for Banking & Financial Services. Stamenkovic has a rich history in helping financial services providers implement digital solutions for their businesses and customers. With more than 11 years of experience in the financial services technology space, he brings an in-depth perspective on digital banking, customer experience and omnichannel delivery. Prior to joining Kony, Stamenkovic was responsible for leading sales initiatives for Backbase across Asia Pacific and Africa. Prior to Backbase, he held multiple IT consulting, sales and product leadership roles leading multicultural and globally distributed teams in creating SAP intermediary and consumer-facing applications.

“Jeffery Kendall is a talented executive with a proven track record of success in helping customers achieve exceptional business outcomes from their digital initiatives,” said Thomas E. Hogan, chairman and chief executive officer, Kony, Inc. “Jeffery is a passionate leader who cares about delivering value to our customers, and ensuring our digital banking solutions enable banks and credits unions to transform their businesses while providing differentiated digital experiences for their customers, partners and employees. I’m excited to have him lead our Kony DBX business.”

“The digital trend is gaining tremendous momentum in the financial service sector with rapid adoption across banks and credit unions,” said Kendall. “Kony DBX is uniquely positioned to become the partner of choice with our unmatched portfolio of purposes-built, next-generation digital banking solutions. We are commitment to innovation excellence and delivering exceptional customer value. I’m thrilled to see the growth and expansion of our Kony DBX business.”

“Kony has an exciting opportunity to help banks across Europe leverage the power of digital technology to reinvent their business models for the digital age and greatly improve their customers’ digital banking experience,” said Stamenkovic. “Not only does Kony have the industry’s leading portfolio of digital banking solutions, but it also has world-class IP and digital skills. I’m thrilled to be partnering with Jeffery and the entire Kony team to expand our presence in Europe.”

Kony DBX represents a major advancement in helping banks and credit unions deliver frictionless digital experiences to customers across every point of interaction. Kony is the first vendor to provide pre-built, native and web apps along with a purpose-built digital banking platform for financial institutions. The Kony DBX platform builds on Kony’s digital expertise in multiple industries, with advanced technology solutions supported by an expansive partner network.

Kony has been named a “Leader” among the top Digital Experience Development Platforms vendors in The Forrester Wave™: Digital Experience Development Platform, Q2 2018 report. Kony has also been recognized as a “Leader” in the IDC MarketScape: 2017 North American Mobile Banking and Payments report, with the highest rating for Mobile Banking capabilities. Kony has received notable accolades as a Callahan’s 2018 Innovation Series winner and recipient of two top honors at the American Banker Digital Banking 2018 event: Runner Up for Best in Show and People’s Choice.

About Kony, Inc.

Kony is the fastest growing, cloud-based digital application and low-code platform solutions company, and a recognized industry leader among low code and mobile application development platform (MADP) providers. Kony helps organizations of all sizes accelerate digital success by rapidly transforming ideas into innovative and secure omnichannel applications. Kony’s solutions are built on its leading digital platform and empower organizations across banking, retail, energy and healthcare to develop and manage their own apps to better engage with their customers, partners and employees. Kony’s banking and financial services arm, called Kony DBX, is a globally recognized leader in digital banking transformation. With a portfolio of modern, frictionless applications powered by the industry’s most recognized platform, Kony DBX enables banks and credit unions of any size to accelerate innovation — without compromising what’s critical.

For more information on Kony DBX and Kony DBX Retail Banking, visit Kony DBX or connect with Kony DBX on Twitter, Instagram, and LinkedIn.

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Media Contacts:

Jean Kondo
Kony, Inc.
Jean.kondo@kony.com
+1 510-823-4728

Julie Sigler
WE Communications
TeamKony@we-worldwide.com

+1 415.547.7025

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