Panini to Showcase Latest Check Capture Innovations at BAI Retail Delivery

TORINO, ITALY and DAYTON, OH--(Marketwired - Nov 5, 2013) - This week, at the Bank Administration Institute's (BAI) Retail Delivery Conference & Expo in Denver, 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 Avantor™, a first of its kind software solution for the management and security of deployed capture devices.

"BAI Retail Delivery is an outstanding forum for us to interact directly with retail banking professionals and discuss their business priorities and challenges," 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 Avantor device management systems are central enablers of this strategy."

Panini Vision neXt is specifically designed to address the most common variables in check and item capture -- environment, operator, 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. 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. The ergonomic design and swing-open covers provide complete access to the document track for cleaning, jam removal and ink-cartridge replacement.

Panini Avantor is a flexible, scalable, and adaptable device management software platform that allows financial institutions and businesses to better manage their distributed capture devices by providing asset management, performance optimization, and payment device security capabilities. 

Avantor is available in both a hosted and on-premise delivery model, allowing customers to configure the solution based on their unique environment and business requirements. Avantor's asset management features allow organizations to quickly identify, assess and track deployed devices. The solution provides monitoring and reporting on device performance, including real-time alerts allowing for proactive intervention and active support during new deployments. The advanced security features help mitigate risk and fraud by allowing for IP-based and advanced geolocation tracking as well as remote access and device shutdown.

Demonstrations of Vision neXt, Avantor and all the solutions in Panini's continuous innovation portfolio will be provided at Panini's booth (#1026) in the BAI Retail Delivery Expo Hall (Colorado Convention Center, Denver, CO). 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 more than sixty 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.