Panini to Feature Next Generation Remote Deposit & Office Automation at RDC Summit

Company Executive will Moderate RDC Sales & Marketing Success Session

Dayton, Ohio (September 28, 2011) – This week, at the RDC Summit in Orlando, Florida, Panini will feature their newest payment processing solution; the Panini wI:Deal. This multi-format document capture solution extends the breakthrough features of Panini’s I:Deal check scanner to capture a wide variety of documents – checks, full pages, rigid documents and cards – enabling use at bank branches and at business locations. Financial institutions and their customers can now combine check capture and document automation with this new, state-of-the-art technology.

“This strategic initiative is another important milestone of Panini’s innovation program, leveraging the intellectual capital of the I:Deal remote deposit capture (RDC) platform” says Michael Pratt, Chief Marketing Officer, Panini.

The Panini wI:Deal features a compact, ergonomic, and attractive design making it suitable for any workspace. The conception and design of the solution supports a wide variety of application environments:

  1. Remote Deposit Capture – Small to medium-sized businesses using a remote deposit application will benefit from the additional functionality of the wI:Deal for full page capture, allowing flexible use of imaged documents with existing TWAIN-based document management and/or accounting applications.
  2. Distributed Lockbox (aka virtual lockbox, remote lockbox) – The Panini wI:Deal is perfectly suited for the processing of customer payments received at remote sites or exception items in central lockbox operations. Utilizing the wI:Deal, all documents related to a transaction can be captured and converted to digital image format – including envelopes, payment coupons, invoices, correspondence, checks and other documents – and sent electronically to the central lockbox site where they can be merged with central lockbox data.
  3. Healthcare claims processing or other vertical applications – Healthcare providers can now automate the manual, document intensive claims processing procedures by electronically capturing images of insurance cards, co-payments, reimbursement checks and related documents such as EOB statements allowing them to easily and accurately match payments to claims, more effectively manage exception processing, enhance record keeping, archiving and audit trails and take advantage of remote deposit.
  4. Bank Branch - Tellers and branch sales staff can convert/truncate checks (including MICR capture and ink jet endorsement) and image full page documents with a single device, minimizing hardware space requirements while providing an ergonomically efficient solution that directly supports and enables branch automation initiatives.

“Unlike existing full page document scanners, the Panini wI:Deal offers true check processing in an ergonomic and affordable device, making it the perfect, most efficient solution for these application environments,” notes Pratt.

Additional notable features of the wI:Deal include automatic document alignment, franking (marking an item as deposited), endorsement printing, multiple processing modes to automatically detect the document type, document capture settings specific to various document types, TWAIN 2.0 compliant interface, compact footprint, attractive design, and ISO 9001 quality certification.

Additionally, Panini’s VP Sales SME, Kevin Han, will join representatives from Fiserv and Zions Bank as moderator for a strategic session, Success in Selling and Marketing RDC, Friday, September 30 at 8:15am. The session will feature valuable RDC insights based on extensive experience from the panel including a top bank RDC case study.

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, leveraging the company’s expertise in research & development. Panini’s market leading solutions are based on state-of-the-art engineering resources and ISO-9000 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. 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. For more information please call 937.291.2195 or visit www.panini.com.