Panini Delivers Remote Deposit Capture to Insurance Market
Establishes Partnership with FTNI; Showcases Solution at IASA Conference
Dayton, OH (June 1, 2011) – Panini, a global payments processing technology provider, is committed to delivering the benefits of remote deposit capture (RDC) to all check-intensive markets and has recently partnered with Financial Transmission Network Inc. (FTNI), a leading provider of receivable management solutions, to enable the insurance industry to realize the substantial benefits of RDC. The two companies will showcase their integrated RDC solution, created specifically for insurance companies, at the Insurance Accounting & Systems Association (IASA) Annual Conference next week in Nashville, TN.
"The insurance industry is a perfect market for RDC and its related payment processing capabilities," says Michael Pratt, Chief Marketing Officer, Panini. "We're very excited to combine our market leading check scanners with FTNI's comprehensive software platform to deliver a state-of-the-art RDC solution for this market."
FTNI's software platform, ETran, streamlines the receivable management process and minimizes hardware setup, maintenance and support costs associated with check, ACH, credit card, cash and web payment processing. Combined with Panini's check and document capture solutions, insurance companies can now electronically process check payments and update their corporate A/R systems at the same time. The two companies will provide solution demonstrations in Booth #134 at the IASA Annual Conference (Nashville, TN) next week.
"FTNI is very excited to partner with Panini on helping insurance companies realize the benefits of consolidating their check and other payments streams in a single, robust platform", says Doug Fisher, EVP Software Solutions, FTNI.
Panini will also host a free online web seminar, The Remote Deposit Imperative for Insurance Companies, featuring Bob Meara, Senior Analyst, Celent, who will join Panini July 29 at 1:30pm EST to share his RDC expertise including the powerful benefits for insurance companies. Visit www.panini.com/insurancewebinar to register for this informative event.
"We're very confident that insurance companies will experience tremendous savings and efficiencies with RDC," adds Michael Pratt. "This web seminar is a unique opportunity for insurance professionals to learn directly from an industry expert about RDC and how it can benefit their business."
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.
Financial Transmission Network, Inc.'s ("FTNI") ETran platform consolidates check scanning, ACH processing, credit card processing, cash management and ID verification on a single, PCI compliant managed SaaS platform to help our clients reduce costs, accelerate timelines and improve transaction processing quality. The founders and employees of FTNI have over 150 years of combined experience in designing software solutions for companies looking to improve their receivables management. For more information, please visit FTNI online at www.ftni.com or call 1-866-WWW-FTNI.