Panini SpA, a global provider of check processing solutions, announced the release of My Vision X Small Feeder, the next generation check scanner for distributed item processing and image capture.
Building on the established success of the My Vision X series, in addition to those same features and capabilities, the new small feeder version has an automatic feeder capacity limited to 30 documents. My Vision X Small Feeder is a specific version created for teller image capture, where the average number of documents per transaction is smaller than back office operations.
With the Small Feeder option, the My Vision X can be purchased inclusive of its unique automatic feeding technology with a limitation to the size of the batch, now at 30 items. This provides a more competitive pricing structure to the marketplace, while still allowing financial institutions to upgrade at any time to the full feeder performance. All versions of the My Vision X product suite are scalable, with a software upgrade allowing users to grow a present solution to a higher performance while protecting the initial investment.
"Panini strives to develop products that offer greater flexibility, providing the clients with possibilities to add new features to better suit each institution's unique requirements," Dave Youngerman, president of Panini North America said. "By launching this new version of an already established brand, Panini is expanding the scope of its offerings to increase the appeal and competitiveness of our products without compromising quality."
My Vision X is a small check scanner, created to read the check code line, capture the front and back of the check and print customized endorsement information. Standard features of the product include a patent-pending 3-mode feeder, MICR Plus(TM) recognition technology, programmable one line rear ink jet, a USB 2 interface, a 30 or 100 document feeder and the front and rear image capture of up to four images at 200 dpi.
As check volume at the teller window varies from each institution, automatic feeding is a distinct advantage for its users. Even when the average number of documents deposited is small, the automatic feeder check scanner offers significant value and time savings, allowing the user to focus on additional tasks, thereby maximizing efficiencies.