Heartland Payment Systems Selects Panini I:Deal for Express FundsSM Solution

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Tue May 19, 2009 9:31am EDT

Bank-Neutral Remote Deposit Solution Now Available to All Businesses
DAYTON, Ohio--(Business Wire)--
Heartland Payment Systems, one of the nation`s largest payments processors, has
bundled Panini`s I:Deal check scanner with its Express FundsSM solution for
remote deposit capture (RDC), powered by transmodus. Heartland is already
processing live deposits via the bank-neutral check management solution using
the newest scanner platform from Panini, the market leader in distributed
capture. The Express Funds solution allows Heartland customers to scan and
deposit checks to any bank at their convenience using the Panini I:Deal. 

"We began looking for an easy-to-use, reliable and cost-effective check scanner
when we expanded our Express Funds solution," says Tony Capucille, director of
check management at Heartland. "The Panini I:Deal supports our strategy to
provide state-of-the-art solutions to business owners receiving paper payments."


Heartland Express Funds is an innovative program designed to accelerate cash
flow for business users by digitizing the check deposit process. With this
unique deposit and recovery solution, business owners gain the ability to
deposit checks anytime and from anywhere - using the Panini I:Deal. They also
benefit from the advantages of Heartland AutoRecoverySM, an automated program
that efficiently recovers funds from returned checks. 

"We are very excited that Heartland selected the Panini I:Deal for its Express
Funds solution," adds Doug Roberts, president of Panini North America. "The
bank-neutral component, as well as Heartland`s national sales and servicing
force of more than 1,700 professionals, provides a wonderful opportunity to
facilitate downstream adoption of remote deposit capture." 

The first checks ever processed by a client for deposit into a financial
institution using the Panini I:Deal scanner took place on April 22, 2009 through
Express Funds, powered by transmodus. 

Panini is a global leader in providing payment technology innovation. The
company`s leadership is demonstrated by their dominant market share position and
industry recognition. Panini`s scalable check capture platform addresses the
complete range of distributed check capture applications. For more information
visit www.panini.com. 

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, cash vault, microfilm replacement and
remittance processing. For more information please call 937.291.2195 or visit
www.panini.com. 

About Heartland Payment Systems

Heartland Payment Systems, Inc., a NYSE company trading under the symbol HPY,
delivers credit/debit/prepaid card processing, payroll, check management and
payments solutions to more than 250,000 business locations nationwide. Heartland
is the founding supporter of The Merchant Bill of Rights, a public advocacy
initiative that educates merchants about fair credit and debit card processing
practices. For more information, please visit HeartlandPaymentSystems.com and
MerchantBillOfRights.com. 

About transmodus

transmodus provides an on-demand solutions platform that delivers check services
automation. The company provides a complete processing platform solution for
clients, check processors, collection agencies, district attorneys, and bank
partners. transmodus has positioned itself as a leader by listening carefully,
thinking ahead, and moving forward with purpose to provide clients and
processing partners with access to the best on-demand processing solutions.
transmodus is an IBM business partner. 





Panini North America
Jess Back, 937-291-2195 x 128
Public Relations
jessica.back@panini.com




Copyright Business Wire 2009

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