Panini to Showcase Branch of the Future Innovations at BAI Retail Delivery

Check Capture Solutions Designed for Evolving Branches


TORINO, ITALY and DAYTON, OH--(Marketwired - Nov 10, 2014) -  This week, at the Bank Administration Institute's (BAI) Retail Delivery Conference & Expo in Chicago, Panini, a global payments technology provider, will showcase its comprehensive portfolio of check truncation technologies, including Panini Vision neXt™, a state-of-the-art solution for branch and teller automation, and Panini mI:Deal™, combining innovation and ease-of-use with connectivity to RDC, POS, branch and mobility applications,

"BAI Retail Delivery is a proven forum for us to interact directly with retail banking professionals and discuss their business priorities and challenges for the future," said Michael Pratt, Chief Executive Officer, Panini. "Based on our global experiences, Panini is uniquely positioned to help banks transform their retail channel to "branch of the future" models focused on direct customer engagement and breakthrough levels of operating efficiency. The Vision neXt branch automation platform and mI:Deal are central enablers of this strategy."

Panini's Vision neXt is specifically designed to address the most common variables in check and item capture -- environment, operator preparation, and document quality. With throughput speeds up to 160 documents per minute (DPM), Vision neXt can digitize a wide range of deposit and payment related documents including checks, stubs, and ID cards. A patent-pending advanced auto-alignment system virtually eliminates the need to hand jog or machine jog items, especially important when mixed formats (personal and business checks) are processed in the same batch. Additional features such as full color, dual-sided ID card scanning, a state-of-the-art advanced graphic printer (AGP) capable of printing up to 14 lines of text and graphic images, and a completely integrated exception pocket maximize functionality and usability. A newly designed teller demo will allow visitors to appreciate advanced functionality such as the immediate creation of a rich customer receipt or the completion of a cashier's check right on the check scanner itself. Finally, the ergonomic design and swing-open covers provide complete access to the document track for cleaning, jam removal and easy ink-cartridge replacement.

Panini's mI:Deal offers exceptional, state-of-the-art flexibility for deployment. Easily integrated with a wide variety of physical and virtual environments through wired or wireless connectivity, this revolutionary, compact, intelligent platform will interface with a range of different host devices including PCs, POS terminals, tablets and smartphones. Eliminating the need for an API, regardless of the operating system, means this revolutionary technology drastically reduces the extensive and time consuming software integration required by traditional check scanners. In a "future branch" setting, mI:Deal can be installed in an open space environment and shared depending upon need by roaming tellers equipped with tablets, who will be able to welcome customers in the branch and make them feel comfortable, vs. waiting for them behind a "teller wall" as in more conventional branches.

Demonstrations of Vision neXt, mI:Deal and other solutions in Panini's continuous innovation portfolio will be provided at Panini's booth (#4326) in the BAI Retail Delivery Expo Hall (McCormick Place, Chicago, IL). Please contact your Panini representative for more information or visit www.panini.com.

About Panini
Founded in Turin, Italy, Panini has enabled clients to capitalize on shifts in the global payments processing market for almost seventy years. Panini has a rich history of technology innovation, and Panini's market leading solutions are based on state-of-the-art research & development and ISO-9001 quality certified production. Panini offers capture solutions that enable customers to fully realize the advantages and efficiencies available with the digital transformation of the paper check, resulting in the world's largest deployed base of check capture systems, now approaching one million devices. Panini's scalable capture solutions digitize checks and payment related documents and transactions to address the complete range of distributed check processing opportunities including teller capture, back-counter capture, remote deposit capture, point-of-sale capture and remittance processing. The company provides solutions on a global basis, and has direct subsidiary operations in the United States covering North America and in Brazil covering Latin American markets. For more information visit: www.panini.com.

Panini S.p.A.
via Po. 39
10124 Torino, Italy