Panini Partners With Matica Technologies to Sell Financial Instant Issuance Solution

Today, Panini, a global payments technology leader, announced the start of an exciting partnership with Matica Technologies to bring Financial Instant Issuance (FII) to the North American market. Panini has begun selling the Cardmint FX retransfer printer with CardsOnTheSpot personalization software, creating a complete solution which enables FIs to create personalized credit, debit, or ATM cards in real-time at branch level, allowing customers to use an active card for making purchases immediately upon leaving the branch.

“We are energized to expand our product portfolio and footprint in the FI market,” said Michael Pratt, Chief Executive Officer at Panini. “This partnership with a leading player in the card personalization technologies landscape is part of our ongoing efforts to deliver hardware, software and services packages that exceed our customers’ expectations and allow Financial Institutions to raise their retail branches’ capabilities to the next level.”

The Cardmint FX is an extremely robust, proven and easy-to-use dual-sided printer that provides FI’s with the capability of printing any image on EMV-compliant magnetic stripe, contact chip, and contactless cards. Retransfer technology produces brilliant colors printed over-the-edge, leaving no unprinted white border. With its compact size, the Cardmint FX fits neatly into any branch environment, and can be used behind the counter without creating distractions.

The Cards On The SpotTM software provides a complete, fully integrated browser-based platform to instantly issue multiple high-quality printed card types – ATM, debit and credit – using the Panini Cardmint FX retransfer printer.

“We are excited about our new partnership with Panini in the North American market," said Veraje Anjargolian, Senior Vice President of Strategic Operations, Matica Technologies. “Panini’s expertise in the financial market, along with its strong sales organization and VAR network, provides exceptionally high levels of customer service and complements our world-class solutions, which are engineered to support the growing global trends in instant issuance and in-store card issuance."       

About Matica Technologies

Matica Technologies Group is a fast-growing and innovative global company with a strong international network. The company offers a vast range of solutions, from centralized issuance systems and mailers to desktop ID card printers, for Secure ID and Secure Payment applications such as credit and debit cards, pre-payment cards, national ID and corporate ID cards, passports, healthcare cards and transportation cards among others, covering all vertical markets.

With strong presence in the finance market, Matica offers a comprehensive product portfolio for Financial Instant Issuance, including all personalization technologies: color and monochrome direct-to-card and retransfer printing, high-quality laser engraving, embossing/indenting with tipping/infiller, and integrates all encoding technologies such as magnetic stripe, contact and contactless cards and dual interface cards.

Headquartered in Munich, Germany, the Matica Group operates around the world through its offices in Italy, Germany, France, Singapore, China, the USA and the UAE, and supports its thousands of customers with its global network of Certified Resellers, Value Added Distributors and Integration Partners.

For further information, visit Matica’s website under www.maticatech.com

 About Panini

Founded in Turin, Italy, Panini has enabled clients to capitalize on shifts in the global payments processing

market for more than 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, remittance processing and point-of-sale capture. 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