Panini Exhibits at CIAB 2018

TORINO, Italy and SÃO PAULO, Brazil, June 12, 2018 (GLOBE NEWSWIRE) -- Panini, the global market leader in distributed check capture is participating in CIAB FEBRABAN in São Paulo, Brazil this week, for the eleventh consecutive year. With the 2016 passing of the Brazilian check truncation law it is important for Panini to continue showcasing their RDC portfolio of products, including the company's latest technology for correspondent banking, at the largest event for the Latin American financial industry.

"We are leveraging our distributed capture experience in Brazil and the rest of the world to facilitate adoption in other Latin American countries," says Paula Marques Jaeger, Latin America Account Manager, Panini. "This event allows us to share our knowledge of the markets and the continued innovations we've developed to meet the check truncation needs in Latin America."

One project Panini will feature this week includes a recent implementation with the banking association in Paraguay. The association adopted check truncation with Panini's Vision X scanner, including ultraviolet document detection, at bank teller lines with great success. Panini is now preparing for the transition to remote deposit capture in the country. "This project was also the first major adoption of Avantor, Panini's scanner monitoring system, outside of North America," adds Marques. "We're excited to share all this experience and knowledge with other banks at CIAB this week."

Also available for demo at Panini's booth will be the EverneXttm and mI:Dealtm. EverneXt is Panini's latest platform for check capture applications within branch transformation projects. Featuring intelligent architecture, the scanner is OS agnostic, capable of operating with wired or wireless communication and compatible with various host devices. The Panini mI:Deal is the smart, practical, and secure solution for cost effective and reliable check capture at bank correspondents, capable of interfacing with new or legacy point of sale terminals used by such retailers all over Latin America, maximizing functionality and ROI. The mI:Deal may also be used in RDC, teller, and mobility applications thanks to its API-free, wired or wireless connectivity to a variety of hosts such as PCs, Macs, tablets, and smartphones.

CIAB FEBRABAN 2018 will take place at the Transamerica Convention Center, São Paulo, Brazil, on June 12-14, 2018. Panini is booth number I45.

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

Jessica Back, Marketing Communications
[email protected]
+1 937.528.4636