Everything in your pocket: KOBIL Secure™ SuperApp digitalizes banks and insurance companies
- OneApp4All™: A digital ecosystem as a new sales channel
- Secure data, secure payments, secure document exchange, and an integrated chat technology
- Compliant with data protection regulations, including Gematik and PSD2
- Simple usage via verified digital identity
Worms, September 24, 2024 – KOBIL, Europe’s only SuperApp provider, introduces the KOBIL Secure™ SuperApp, a highly secure digital platform for banks and insurance companies. With this platform, they can create their own ecosystem and rapidly and securely digitalize. The OneApp4All™ brings together all services, including third-party offerings, in one central location. This opens up new revenue opportunities and offers greater convenience for customers. Access is granted via a verified digital identity through a smartphone. The user-friendly platform is plug-and-play, requires no IT expertise, is highly adaptable, and integrates seamlessly into existing infrastructures.
Ismet Koyun, CEO and founder of KOBIL, stated: “If financial service providers don't leverage their potential, they will become obsolete. Tech giants like Amazon, Apple, and Meta will step in and take over their services. With OneApp4All™, banks and insurance companies can diversify and secure their future.”
Become a comprehensive service provider with a digital ecosystem
With the KOBIL Secure™ SuperApp, every bank and insurance company can create its own digital marketplace. The app distinguishes itself from traditional financial apps by building a seamless ecosystem. Customers can not only manage policies and accounts, but also make secure payments, process loans, submit and sign documents. Additionally, third-party providers can be integrated. For example, fitness offers from insurers, discounts on car repairs with auto insurance, or mortgage services from banks. Electronic health records (EHR – ePA, elektronische Patientenakte) or personal financial plans are securely stored. Customer service, consultation, and surveys are enabled through KOBIL’s proprietary secure chat technology, directly in the app. Access to sensitive data is controlled by a verified digital identity. This positions banks and insurance companies as comprehensive service providers, giving them a competitive advantage.
More convenience, more revenue, more customer loyalty
The main benefit for customers is the availability of all services, including external offers, bundled in one place. They no longer need to switch between different apps but can access everything through a single application. This saves time and increases convenience. For banks and insurance companies, this serves as a new sales channel. Partnerships with third-party providers and additional services generate more revenue. The extensive portfolio encourages additional purchases, as customers are more easily exposed to complementary offers. Loyalty programs enhance customer retention by incentivizing regular use.
Security is the top priority
The KOBIL Secure™ SuperApp is built on a highly secure, closed technology platform. Compared to open systems, it is less prone to errors and resistant to cyberattacks. Data is secured with 14 layers of protection and encrypted using Advanced Encryption Standard (AES). Access to the app is restricted to predefined devices. Regular online integrity checks and real-time software monitoring protect against potential threats. The virtual smartcard technology ensures the secure storage and use of digital certificates.
Compliant with legal and data protection regulations
The KOBIL Secure™ SuperApp complies with all necessary data protection and legal requirements:
- GDPR (General Data Protection Regulation of the EU – DSGVO)
- BDSG (German Federal Data Protection Act – Bundesdatenschutzgesetz)
- IT Security Act (IT-SiG – IT-Sicherheitsgesetz)
It also meets all industry-specific regulations:- Insurance Supervision Act (VAG – Versicherungsaufsichtsgesetz)
- Banking Act (KWG – Kreditwesengesetz)
- Payment Services Supervision Act (ZAG – Zahlungsdiensteaufsichtsgesetz)
This includes compliance with Gematik’s guidelines for the secure processing of health data. Additionally, the app is PSD2 (Payment Services Directive 2) compliant, which regulates secure third-party access to financial data and customer accounts.
Germany goes digital
Ismet Koyun, CEO and founder of KOBIL: "The OneApp4All™ is a breakthrough for digitalization – not only in the financial sector but also in other industries and for cities and municipalities. My vision is to equip all of Germany with this technology."
About KOBIL Group
The KOBIL Group is a global leader in digital identity and mobile security solutions. Founded in 1986 by Ismet Koyun, KOBIL develops innovative solutions for application protection, user authentication, transaction authorization, and more. It is the only company in the world that, with its technologies, enables comprehensive identity and mobile security management across all platforms and communication channels. KOBIL has been a pioneer in the field of data security and is a visionary in terms of cutting-edge security technologies. The latest innovation from this security specialist is the world's first OneApp4All™ for cities, which consolidates all identity options in one central location. KOBIL is Europe's only SuperApp provider (source: Gartner). Globally, more than 1,000 companies trust KOBIL, including the German government, Airbus, DATEV, Raiffeisen Bank, Commerzbank, Erste Group, ING, Migros Bank, Mastercard, and Siemens. KOBIL employs over 500 staff, with its headquarters located in Worms, Germany. It has additional branches in San Diego and San José (USA), Zurich (Switzerland), Istanbul (Turkey), and London (United Kingdom). For more information, visit www.kobil.com.
Press contact:
KOBIL GmbH, Pfortenring, 11, D-67547 Worms, Germany, E-Mail: hello@kobil.com Phone: +49 (0) 6241 3004 0