SOURCE: Panini

Panini

April 19, 2016 10:53 ET

Panini to Showcase mI:Deal, a Mobile and Distributed Capture Device at TRANSACT 16

The mI:Deal Enables Professional Check Scanning in Both Remote Deposit Capture and Point of Sale Environments

TORINO, ITALY and DAYTON, OH--(Marketwired - Apr 19, 2016) - This week, at the TRANSACT 16 event in Las Vegas, Panini, a global payments technology provider, will showcase its comprehensive portfolio of check truncation technologies, including the mI:Deal. The Panini mI:Deal will be paired with Sage Payment Solutions and an Ingenico POS terminal in the Product Reveal Theater at 4:30 pm on Wednesday April 20th. Brian Loos from Panini will demonstrate and explain how the products work together to create an all-in-one system including professional check capture. Attendees can also receive a demo of the solution in the Panini booth to experience real world use case scenarios.

"Panini's mI:Deal is the first and only mobility-enabled check scanner," stated Michael Pratt, Chief Executive Officer at Panini. "We are looking forward to participating in TRANSACT 16 and demonstrating to attendees how it creates an entirely new way for devices to operate in the world of distributed capture."

On-board intelligence allows the mI:Deal to interface with a range of different host devices including PCs, MACs, POS terminals, tablets and smartphones, regardless of the operating system and with no need to use an API, thus virtually eliminating the extensive software integration required with traditional check scanners. Wired and wireless connectivity options provide extraordinary application flexibility and even mobility without compromising Check 21 compliance or security. The mI:Deal offers advanced MICR reading technology ensuring the highest level of transaction accuracy, dual-side capture with real-time delivery of front and rear check images, barcode decoding, and optional front franking of items to prevent the risks of item re-presentment and fraud. 

Panini will provide demonstrations of their full range of check capture solutions, including mI:Deal, in booth #1170 at TRANSACT 16, April 19th -21st at the Mandalay Bay in Las Vegas. 

About Panini
Founded in Turin, Italy, Panini has enabled clients to capitalize on shifts in the global payments processing market for seventy years. Panini has a rich history of technology innovation, leveraging the company's expertise in research & development. Panini's market leading solutions are based on state-of-the-art engineering resources and ISO-9001 quality certified production. Panini offers check 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 check capture solutions address the complete range of distributed check processing opportunities including teller capture, back-counter capture, remote deposit 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.