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Solution Enables Card Delivery in Less Than 10 Minutes While Realizing 80% Cost Savings

IRVINE, CA, February 7, 2017

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“Our goals were to make the application process completely digital and maximize our staff for acquiring new customers instead of monitoring processes,” stated Daniel Lourenson, Head of Credit Cards at Caruana Financeira. “By working with Kofax and TR Process, we issue new cards faster and save costs by using Kofax TotalAgility. We’re finding that the hybrid credit card is successful among Brazilian consumers with 60 percent having made more than one transaction in the first month and 50 percent recharging the prepaid credit card during the first month.”

“Caruana Financeira is changing the way financial service firms acquire and onboard new customers,” commented Reynolds C. Bish, Chief Executive Officer of Kofax. “By digitally transforming the entire process, Kofax TotalAgility is delivering a better customer experience and ROI for Caruana Financeira.”

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About Kofax

Kofax is a leading provider of software to simplify and transform the First Mile™ of business. Success in the First Mile can dramatically improve the customer experience, greatly reduce operating costs and increase competitiveness, growth and profitability. Kofax software and solutions provide a rapid return on investment to more than 25,000 customers in financial services, insurance, government, healthcare, higher education, supply chain, business process outsourcing and other markets. Kofax markets its solutions via a direct sales and service organization, along with a global network of more than 1,000 authorized partners in more than 70 countries throughout the Americas, EMEA and Asia Pacific.

For further information contact Sylvia Chansler, (949) 783-1476,

© 2017 Kofax Limited. Kofax and Kofax TotalAgility are registered trademarks and First Mile is a trademark of Kofax Limited.