Dimitri Snowden receives 2013 Mortgage Technology Award

Dimitri Snowden receives Mortgage Technology Award

Kofax plc (LSE:KFX), a leading provider of smart process applications for the business critical First Mile of customer interactions, today announced its Kofax Mobile Capture software won Mortgage Technology magazine’s 2013 Harnessing Mobile Award.

According to Mortgage Technology, which sponsors the annual award, “Kofax has effectively incorporated mobile technology into its suite of products and services to enable borrower-facing capabilities for an increasingly self-service and on-demand consumer population.” Kofax Mobile Capture was also recognized for its unique ability to capture and automatically process trailing documents from Android and iOS devices, its ability to ensure the highest quality document images, and its two-way notifications between borrowers and lenders during the entire loan process.

The Mortgage Technology Awards recognize innovative technology developers and users in the mortgage industry who are promoting more efficient and cost-effective lending practices. The Harnessing Mobile Award commends the development and implementation of mobile technologies in the marketplace. Now in their 14th year, the awards are among the most recognized and coveted in the industry. Nominations were reviewed and judged by members of Mortgage Technology’s editorial staff and selected by mortgage industry executives.

“Increasing synergy and reducing friction between lenders and borrowers through the use of technology is one of Kofax’s core strengths,” said Drew Hyatt, Senior Vice President of Mobile Applications at Kofax. “The Harnessing Mobile Award underscores our leadership in mobile banking solutions and validates our position as a leading provider of technologies that are making the First Mile of business smarter for financial institutions around the world.”

Kofax Mobile Capture extends Kofax imaging capabilities to smartphones and tablets. It enables customers to use cameras in those devices to capture images of documents, photographs and data and then pass that content to Kofax workflows that manage it into enterprise applications and repositories. Capturing this information at the Point of Origination from virtually anywhere, and delivering it to enterprise applications accelerates processes, minimizes latency, speeds transactions and reduces processing costs for better customer service.

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