CUNA Selects Panini as Exclusive Check Scanner Provider for Credit Unions

DAYTON, Ohio--(allCUnews)--Panini, the market leader in distributed check capture, today announced an agreement making Panini the exclusive check scanner alliance provider of CUNA Strategic Services (CSS), the subsidiary organization of the Credit Union National Association (CUNA), the leading trade association supporting the nation’s 8,000+ credit unions.

“CSS offers strategic relationships that provide the best overall value for quality products and services used by credit unions,” says Doug Roberts, President, Panini North America. “This alliance model is given significant attention by credit unions and solution providers to this market, so we are thrilled with the new agreement.”

Panini’s market-leading Vision X® family of check scanners and the newly released Panini I:Deal™ are now available to credit unions under this new agreement. The Panini scanners will allow credit unions to focus on providing remote deposit capture (RDC) to their business members and the ability to implement a scalable branch image capture (BIC) solution with configurability for each unique operating environment in both applications.

“Credit unions are beginning to show a strong interest in RDC, so this new strategic alliance relationship comes at a great time for credit unions,” adds Wes Millar, Senior Vice President, CUNA Strategic Services. “Panini’s check scanners will allow credit unions and their business members to take full advantage of the operational efficiencies and cost savings associated with this deposit application.”

The Panini Vision X leads the distributed capture market with nearly 400,000 scanners deployed worldwide. The check scanner’s scalability provides users with unparalleled investment protection; as their deposit needs change, so can the scanner configuration without replacing the hardware. The Panini I:Deal, designed specifically for small business RDC, quickly became the industry’s scanner of choice for low volume RDC as Panini tripled the product’s initial sales forecast in its first two months on the market.

For more information about this new agreement, please contact Jessica Back at jessica.back@panini.com [1] or Tom Lybeck at tlybeck@cuna.coop [2].

About Panini

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 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, merchant back office conversion (BOC), cash vault, microfilm replacement and remittance processing. For more information please visit www.panini.com [3].

About CUNA Strategic Services

CUNA Strategic Services Inc., owned jointly by Credit Union National Association (CUNA) and the state credit union leagues, saved credit unions $46 million in 2008 through its national pricing programs. It provides credit unions with access to high quality products, services, and technologies delivered with a competitive advantage made possible through volume pricing and strategic program development. For more information, visit cunastrategicservices.com.

Contacts
PANINI
Jessica Back, Public Relations, 513-314-1732
jessica.back@panini.com [1]