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Panini Extends Relationship with Carreker Corporation; Panini My Vision X(R) Featured in New Customer Briefing Center.

DAYTON, Ohio -- Panini, the leading provider of distributed check capture solutions, and Carreker Corporation, a provider of payments technology and consulting solutions for the financial industry, have developed a strategic relationship with combined success in the check capture industry. The Panini My Vision X(R) check scanner is being utilized with Carreker's Source Capture Suite(TM) to provide customers with a total check capture solution in all distributed check processing environments.

"Financial institutions are demanding robust remote deposit capture solutions based on a deep understanding of banks' operational, processing and technology requirements," says Doug Halvorsen, Director of Sales & Marketing, Carreker Corporation. "Panini and Carreker understand these requirements, and we have leveraged our strategic relationship and joint expertise to provide a total solution."

Additionally, Panini has extended their relationship with Carreker through participation in their new Customer Briefing Center, designed to showcase Carreker's many application solutions for a bank's branch, ATM, operations center, and corporate client environments. The center, located in Carreker's Charlotte, North Carolina office, contains an executive presentation theater and includes a state-of-the-art demonstration facility featuring the Panini My Vision X family of scalable check scanners.

"Carreker provides an extensive portfolio of flexible solutions in the financial services market," adds Dave Youngerman, president, Panini North America. "We are pleased the Panini My Vision X plays an integral role in their solution strategy."

Panini and Carreker have successfully deployed their total check capture solution to three of the Top 25 banks representing over 35,000 Panini My Vision X check scanners.

Panini North America offers check capture solutions with unparalleled image capture quality, MICR read rates, document handling capabilities, and device reliability. The company's My Vision X solution portfolio has been widely accepted by financial institutions as the standard for distributed check capture.

About Panini

Founded in Turin, Italy, Panini has a successful sixty year history of enabling clients to capitalize on shifts in the payments processing market. Panini North America, established as a wholly owned subsidiary in 1995, offers check capture solutions that help customers fully realize the advantages and efficiencies available with the digital transformation of the paper check. Panini North America's scalable check capture solutions address the complete range of distributed check processing opportunities including teller capture, back-counter, corporate capture, cash vault, microfilm replacement and remittance processing. For more information please call 937.291.2195 or visit www.panini.com.

About Carreker Corporation

Carreker Corporation improves earnings for financial institutions around the world. The Company's integrated consulting and software solutions are designed to increase clients' revenues and reduce their expenses, while improving security and increasing the value of their customer relationships. Carreker provides products and services to more than 250 clients in the United States, Canada, the United Kingdom, Ireland, continental Europe, Australia, New Zealand, South Africa, South America, Mexico, and the Caribbean. Clients include the full range of community, regional and large banks, among them more than 75 of the largest 100 banks in the United States. Headquartered in Dallas, Texas since 1978, Carreker Corporation has offices in London and Sydney. For more information, visit www.carreker.com.
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Publication:Business Wire
Article Type:Company overview
Geographic Code:1USA
Date:Aug 22, 2006
Words:512
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