openPR Logo
Press release

Technology Innovation Award for IND iMobile Banking

04-02-2009 04:51 PM CET | IT, New Media & Software

Press release from: IND Group

IND Group - The Banking Front-Office Technology

IND Group - The Banking Front-Office Technology

1st April 2009- BUDAPEST, Hungary – The prestigious award, Innovation Grand Prize recognized by The Hungarian Association for Innovation was presented by The President of the Republic of Hungary Mr. László Sólyom at the dignified ceremony held in Hungarian Parliament’s Upper House Hall on last Friday.

IND Group’s software product, IND iMobile Banking presented at last year’s CEBIT with a great success, received the glittering Technology Innovation Award at 17th Innovation Grand Prize contest.

The Hungarian Innovation Grand Prize was established by Hungarian Association for Innovation in 1991 and it reflects their mission and principal aim which is ‘to turn innovation into the most important driving force for economic growth, and to ensure that the potential of innovation to improve competitiveness and inject vigor into the economy’.

Mr. Péter Závodszky Dr., the Chairman of the Jury, reported on the selection process and recognized the work of the prize winners as highly important innovation in their business areas. The basis of an innovation could have been an R&D result, patent, adaptation of a know-how or technology transfer as well. The evaluation aspects of the contest were the achieved extra economic result or yearly income in 2008 and other technological, economical advantages besides originality, novelty and social utility.

There were twenty one applicants for the prize, all presenting significant domestic innovations – Robert Bosch, EGIS Pharma, Electrolux- to name a few.

“It is a great success and honor to receive such recognition” – said Mr. József Nyiri, owner and CTO of IND Group. “IND’s innovative solutions enable banks and their clients to mitigate the impact of global economic crisis. I believe that the current critical period is not clearly negative, if the market players were searching for innovative solutions and new opportunities. “

The path to the award began many months before. IND had realized earlier the opportunity of the freedom of mobile internet and started to develop a new, attractive and easy-to-use banking application on mobile phones last year. The uniqueness of the convenient browser based software, IND iMobile Banking, over the traditional WAP banking services is the highly ergonomic and aesthetic features which assist comfortable and easy-to-use banking on the mobile handset. Similar to the internet bank, basic banking transactions can be quickly carried out even through GPRS/EDGE mobile internet connection.
CIB Bank, a member bank of Intesa Sanpaolo Group, was the first who decided to implement the state-of-the-art IND iMobile Banking product in 2008. After the extended mobile banking service called mobilCIB went live in the bank, the registered customers for mobile banking increased by 10% in the first month. The number of logins doubled to 6300 per month with 2,5 times more active users.

About IND
IND Group is a leading developer and provider of banking front-office products on the European e-finance market. IND's flagship product, the IND Banking Front-Office (IND BFO), is a comprehensive
range of solutions that empowers frontoffice operations. As IND BFO covers branch, internet, mobile and contact centre banking on the same platform, service quality and performance can significantly be improved. The remarkable growth IND has made over the past years marks a true success story in the International financial IT market. We provide proficiency and state-of-the-art technology in more than 15 countries on three continents.
With a foundation of profitable growth since its inception in 1997, the Group is operating now from several European cities: London, Vienna, Stuttgart, Budapest, Miskolc.

IND Group
Szechenyi utca 70, H-3530 Miskolc, Hungary
Phone: +36-1-3730623
Fax: +36-13730624
email: adrienn.barath@indgroup.eu
www.indgroup.eu

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Technology Innovation Award for IND iMobile Banking here

News-ID: 74354 • Views: 1123

More Releases from IND Group

Alior Bank launches Sync - the new generation of virtual bank –based on IND fr …
Budapest/Krakow, 21st November, 2011. On its third birthday, Alior Bank has announced that in the middle of the next year it will start the first direct bank in Poland: Alior Sync.. The name Sync refers to the continuous synchronization/interconnection between the clients and the bank. The Internet and mobile banking solutions of Alior Sync are being delivered by IND Group. During its three years of operation, Alior Bank has achieved
MobilCIB – unique mobile bank for CIB Bank’s clients from IND Group
16th December 2008, Budapest, Hungary - IND iMobile Banking, a unique mobile banking solution from IND Group, went live today at CIB Bank, the member bank of Intesa Sanpaolo Group. The state-of-the-art and extended internet banking service, called mobilCIB, which has been optimized for smartphones and PDAs, is available for CIB customers from December 2008. IND iMobile Banking, presented at this year’s CEBIT with a great success, is the basis
’Pocket Bank’ – IND Group introduces unique mobile banking solution
Budapest, 6th February, 2008 – IND Group best know for developing banking front-office technologies, announced a brand new solution called IND iMobile Banking. The banking software is customized for smartphones and PDAs with broadband Internet access. Mobile phones have become vital part of our everyday life, thus it was an obvious decision for IND to target smartphones and PDAs with our innovative solution after implementing successful Internet applications to our
IND Group partners European Institutional Financial Investor
Software specialist in banking front-office technology imported fresh capital to implement its expansion plans Budapest, Stuttgart, London September 2007 – IND Group, one of the leading software houses in banking front-office technology in Europe and the Middle East has granted a minority stake to Euroventures III LP for up to 4 million euro. The funds will be utilised to support the continued growth of IND’s product development and regional expansion plans. IND

All 5 Releases


More Releases for Bank

Neo and Challenger Bank Market by Type of Bank (Neo Bank and Challenger Bank)
Neo and Challenger Bank Market is registering a CAGR of 50.6% during the forecast period 2016-2020. Neo and challenger bank market has witnessed healthy growth rate in terms of customer base over the past few years, and is expected to witness optimistic growth in the near future. Access Full Report: https://www.alliedmarketresearch.com/neo-and-challenger-bank-market The global market is driven by factors such as government regulations, convenience offered to consumers, and low interest rates as compared
India Retail Loan Market 2018 - State Bank of India, ICICI Bank, HDFC Bank, Axis …
The growth in the retail finance disbursement would be largely driven by improving affordability, increasing propensity to consume and the fact that the penetration level of retail finance loans is still low. Retail Loan industry has also suffered a certain impact, but still maintained a relatively optimistic growth, the past four years, Retail Loan market size to maintain the average annual growth rate of X% from XXXX million $ in 2014
Load Bank
Load banks offer one of the most flexible ways to validate critical power systems and components. Load bank testing of power systems includes validating the operational conditions and output of electrical power systems such as generators, gas turbines, transformers, HVAC systems, UPS, batteries, and relays in various industries like oil and gas, power, healthcare, marine and defense, and telecom. It is also very effective in reducing wet stacking problems, removal
Blood Bank Market 2017
ReportsWeb.com has announced the addition of the “Global Blood Bank Market Research Report 2017” The report focuses on global major leading industry players with information such as company profiles, product picture and specification. Blood Bank industry from two aspects. One part is about its production and the other part is about its consumption. In terms of its production, we analyze the production, revenue, gross margin of its main manufacturers and
Trend survey “Bank & Zukunft”
Latest edition in the survey series reveals trends and developments in the financial sector More than 365 decision-makers from the banking sector took part in the Bank & Zukunft 2014 trend survey. In rating current challenges and developments, their responses reveal that banks are generally optimistic about the future. The biggest challenges remain the difficult interest rate situation and how to implement consistent, customer-oriented service. Once a year as part of the
Kaupthing Bank Luxembourg acquires Robeco Bank Belgium
Reykjavik, Iceland--October 21st 2007--Kaupthing Bank Luxembourg S.A., a subsidiary of Kaupthing Bank hf., has signed an agreement by which Kaupthing Bank Luxembourg S.A. purchases Robeco Bank Belgium. Robeco Bank Belgium is a small Belgian bank that was founded in 2002 and focuses mainly on private banking and asset management. The bank has 32 employees and is based in Brussels and Antwerp. Robeco Bank Belgium has 6,800 clients. At the