Metavante Corporation, a leading provider of banking and payments technology, has certified the Panini I:Deal, the newest check scanning platform from Panini, a market leader in distributed capture. The combination of Metavante's Direct Merchant solution and the Panini I:Deal check scanner offer a compelling remote deposit capture (RDC) solution for the burgeoning small business market.
"The Panini I:Deal is compact, affordable and easy to operate, meeting the main criteria of the small business market," says Paul Danola, President, Metavante Image Solutions. "The I:Deal is designed to operate in a variety of small business markets making it an excellent choice to deploy with Metavante's Direct Merchant solution."
The nation's approximately 24 million small businesses are still very dependent on paper-driven payments. Metavante's Direct Merchant solution delivers the convenience and cost savings of distributed capture directly to these businesses. With the Panini I:Deal and secure Internet access, small businesses can capture images of check payments at their location and electronically deliver the images to their financial institution for processing — eliminating the need to physically transport the checks.
"With the economic landscape becoming increasingly challenging, companies are feeling the pressure and must find new ways to improve productivity and cut costs," adds Doug Roberts, President, Panini North America. "We are pleased to partner with Metavante to provide small businesses with a product designed specifically for their payment processing needs."
Metavante Technologies, Inc. (NYSE:MV) is the parent company of Metavante Corporation. Metavante products and services drive account processing for deposit, loan and trust systems, image-based and conventional check processing, electronic funds transfer, consumer healthcare payments, electronic presentment and payment, outsourcing, and payment network solutions. Metavante (www.metavante.com) is headquartered in Milwaukee.
Panini North America, a wholly owned subsidiary, 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, corporate capture, cash vault, microfilm replacement and remittance processing. For more information please call 937-291-2195 or visit www.panini.com.