Panini Expands Cheque & Document Truncation Solutions for Latin American Markets

Company to Showcase Market-Leading Capture Solutions at CIAB Febraban 2013

Torino, Italy and São Paulo, Brazil (June 12, 2013) – Panini, a global payments technology provider, will showcase its comprehensive portfolio of distributed capture solutions for financial institutions, businesses, and merchants at the CIAB Febraban Annual Congress in São Paulo, Brazil. This represents Panini’s sixth consecutive year at CIAB, the leading technology conference for Brazilian financial institutions. Extending its experience and success in providing branch image capture (BIC) solutions to Latin American financial institutions, Panini has expanded its offerings to include remote deposit capture (RDC) solutions for commercial businesses, point of sale (POS) capture solutions for merchants and retailers, and software solutions for the management and security of deployed capture devices.

“The dematerialization of payments and their associated documents represents the potential for tremendous gains in efficiency, accuracy, and security. With nearly a million capture installations around the world, Panini is in a unique position to help Latin American financial institutions and businesses capitalize on the advantages and opportunities available with distributed cheque & document capture,” said Michael Pratt, Chief Marketing Officer at Panini. “With Panini’s extensive experience, proven quality, world-class partners, and direct presence in Latin America, CIAB provides an outstanding venue to highlight Panini’s capture solutions.”

In addition to demonstrating solutions for branch capture, remote deposit capture, point-of-sale capture, and device management, Panini will showcase the two newest capture solutions from its continuous innovation portfolio, Panini Vision neXt™ and Panini mI:Deal™. The Vision neXt is Panini’s new batch capture solution platform, setting new performance standards while delivering robust quality and breakthrough innovations such as an integrated document alignment system. The Panini mI:Deal combines innovation and ease-of-use with “plug & play” connectivity to existing POS systems for maximum functionality and ROI. On-board intelligence allows for fast and easy integration with a variety of physical and virtual POS environments and a wireless connectivity option delivers complete mobility. Panini will also highlight its state-of-the-art device management software platform, Panini Avantor™, capable of delivering robust device asset management, performance optimization, and device security.

As an integral element of Panini’s total solutions strategy for capture and truncation, several strategic Panini partners will be participating in Panini’s exhibit at CIAB. These industry leading organizations will be demonstrating their software solutions integrated with, and leveraging, Panini capture technologies. Panini partner WAUSAU Financial Systems, an industry leader in remote capture, integrated receivables, and paperless solutions, will feature its Deposit 24/7 Suite of remote deposit capture solutions, providing complete cheque truncation solutions for branch and remote capture. “WAUSAU is pleased to partner with Panini to bring feature-rich and highly functional remote capture solutions to the Brazilian market,” stated Kathy Strasser, Executive Vice President Solution Management, at WAUSAU.

Demonstrations of Panini’s extensive solution portfolio for branch capture, remote deposit capture, POS capture, and device management will be provided in stand A9 at the Transamerica Expo Center, São Paulo, Brazil, June 12-14, 2013. Attendees are invited to visit Panini’s stand for solution demonstrations and discussion with Panini senior executives.

About WAUSAU Financial Systems
WAUSAU Financial Systems is a premier provider of payment and receivables processing solutions, helping businesses of all types move money faster. With its products, services and consulting, WAUSAU works with customers to speed check processing, electronic presentment, ACH payments, transaction processing, distributed capture and enterprise content management. WAUSAU holds the No. 1 market share position in retail and wholesale remittance processing solutions. WAUSAU processes more than $1 trillion in payments each year through its work with more than 650 organizations, and maintains more than 30 percent of all U.S. lockbox volume. The company works with 13 of the 25 largest financial institutions, 42 percent of insurance companies with more than 5 million customers and 24 percent of utilities with more than 100,000 customers. More than 200 financial institutions use WAUSAU's remote deposit capture service, and industry consultants Celent and Aite have ranked WAUSAU's remote capture functionality above all competitors.