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Panini Introduces Breakthrough New Check Scanner

Monday, April 22, 2013 (Panini / Panini)

Sets New Performance Standards & Capabilities for Branch, Teller and Commercial Check Capture
TORINO, Italy & DAYTON, Ohio -  Today, at NACHA Payments 2013 in San Diego, CA, Panini, a global payments technology leader, announced the commercial release of Panini Vision neXt™, the latest solution from their continuous innovation program. The Panini Vision neXt delivers practical innovation to help users achieve unparalleled levels of accuracy, functionality, productivity and ROI by establishing new performance benchmarks for branch and commercial capture of checks and related documents.

“We are excited to introduce Panini Vision neXt to the world,” said John O’Malley, Chief Executive Officer at Panini. “The Panini Vision neXt is a direct testament to our ongoing effort to deliver breakthrough solutions that exceed our customer and partner expectations of trust, value and innovation.”

The Panini Vision neXt builds on more than six decades of Panini experience as a global leader in distributed capture and leverages the proven performance and capabilities of the world’s most trusted brand in check capture, the Panini Vision X. Vision neXt was specifically designed to address the most common variables in check capture – environment, operator, and document quality, resulting in unparalleled levels of usability and productivity. Vision neXt features innovative and versatile capabilities such as:
•    patent-pending advanced auto-alignment which virtually eliminates the need to hand jog or machine jog items,
•    full color, dual-sided ID card scanning for new account creation or customer identification applications,
•    a state-of-the-art advanced graphic printer(AGP) capable of printing up to 14 lines of text and graphic images, allowing for consolidated and cost effective printing of a wide variety of branch and commercial documents, and
•    a completely integrated exception pocket for effective and efficient management of transaction exceptions.

With throughput speed up to 160 documents per minute (DPM), the Vision neXt is designed for the most demanding and time sensitive check capture environments. The Vision neXt can digitize a wide range of deposit and payment related documents including checks, stubs, and ID cards. Capture options can be further extended to magnetic cards, EMV cards, and the connection of USB peripherals, maximizing investment ROI while increasing utilization. The ergonomic design with swing-open covers provides complete access to the document track for cleaning, jam removal and ink-cartridge replacement, maximizing system availability and performance.

Demonstrations of Panini Vision neXt will be provided at Panini’s booth (#501) in the NACHA Payments 2013 Exhibit Hall (San Diego Convention Center, San Diego, CA). Please contact your Panini representative for more information or visit www.panini.com/VisionneXt.

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



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