Panini North America, a global provider of distributed check processing solutions, has been selected by the Northern Trust Company to provide check imaging services for its 84 Financial Centers nationwide.
The solution reduces a 12-step manual check transaction process by 83%, enabling tellers to spend more time interacting with and servicing clients.
Panini's My Vision X scanner, powered by software applications from Getronics and Alogent, provides Northern Trust with an end-to-end check procession solution.
"We are pleased to be a key component of the Northern Trust platform for distributed check processing," says Dave Youngerman, president, Panini North America.
"Northern Trust needed a cost-effective, high quality check imaging solution that could accommodate the needs of multiple users, occupy a small space, and reliably handle a variety of transaction volumes in different branch locations," says Michael Valdez, vice president, Northern Trust Personal Financial Services. "The results have exceeded our expectations with the Panini My Vision X."