Panini announced today that Frost Bank, one of the nation's leading financial institutions, has selected the Panini Vision X check scanner for branch image capture.
The Vision X allows Frost Bank to increase operational efficiency by automating check processing in its branches by capturing check images at the teller.
Frost Bank will extend their benefits of branch capture by leveraging the multi-function capabilities and architecture of the Panini Vision X. Frost will deploy Panini's Advanced Graphic Printing (AGP) option to enable receipt printing for teller deposit transactions within the same physical Vision X unit. The bank is also taking advantage of Panini's new ultrasonic double document detection technology designed to enable highly effective and accurate detection of more than one item in the document track, regardless of document thickness or colors. Ultrasonic technology is able to accurately discern true double feed conditions, resulting in a smoother workflow with fewer interruptions, higher user satisfaction, and lower cost of operation. By using the multi-function options and advanced technology features designed into Panini's Vision X capture solution, Frost Bank is able to reduce its overall capital expenditure and space requirements at the teller.
"We are very impressed with the ability of the Panini Vision X to serve as a high quality check scanner for branch image capture and also print customer receipts in one consolidated device," says David Rathke, Senior Vice President, Frost Bank. "The operational benefits of ultrasonic double document detection technology were also instrumental in our decision to implement the Panini Vision X."
"We're finding that users of Panini technology are thrilled with the opportunity to reduce space and capital investment requirements by consolidating multiple payment processing functionalities into one device," adds Doug Roberts, President, Panini North America. "Frost Bank understands these benefits and has positioned themselves for competitive advantage as they utilize the Panini Vision X to enable their branches for image exchange."