American Red Cross Implements Remote Deposit Capture

FTNI and Panini Chosen as Solution Providers

OMAHA, NE. – September 27, 2012 – The American Red Cross, one of the World’s leading humanitarian organizations, has recently implemented a remote deposit capture (RDC) solution to assist in the processing of donations collected at their chapter locations throughout the country. FTNI, an industry leading receivables management solutions provider, implemented their ETran software including integration with existing Red Cross systems, while Panini, a global payments solutions provider, was selected to provide hardware, service and support.

FTNI’s ETran software provides a single donation gateway to process card, check, ACH and cash donations. The software was integrated with key Red Cross back office applications including finance, accounting, and donor databases. The American Red Cross chose to integrate several Panini scanners with their RDC initiative. The Panini Vision X®, with its speed, reliability and versatility, is used in their back offices to electronically capture check donations. The Panini wI:Deal™ was selected because of its ability to process a variety of document sizes, such as gift letters, payment coupons and check donations.

“I would describe my experience working with FTNI and Panini to develop RDC here at Red Cross as ‘stand and deliver’,” stated Steve Casey, Corporate Treasurer for the American Red Cross. “Their products have done exactly what I expected them to do.” The implementation of an RDC system is another example of how the Red Cross continuously innovates to insure that each donor’s contribution can be maximized to help those in need. Notes Casey, “The concept is proven, it’s just so amazing how fast it has grown.”

Steve Casey will discuss the Red Cross’s RDC initiative at the RDC Summit in Orlando, FL on September 27, 2012. A video case study documenting the Red Cross process, experience, and results with remote deposit capture will be featured at this event, and may be viewed at www.panini.com/marketing-center/case-studies.

About FTNI

Financial Transmission Network, Inc.’s (FTNI) ETran platform incorporates remote deposit capture (check scanning), ACH, credit card and cash processing on a single, managed platform to help clients reduce costs, accelerate timelines and improve transaction processing quality. The Company’s software enables customers to setup recurring payments (ACH & credit card), message between users and provide custom integration into back offices systems, thereby reflecting the payment activity in the merchant’s A/R system. This technology offers merchants a turn-key, single-payment platform in a software-as-a-service (“SaaS”) environment that is fully PCI-compliant, thereby eliminating the hardware and software costs associated with traditional solutions. Due to its modular approach and easy deployment, the ETran platform can be deployed in a variety of verticals and customized easily to fit the end-users needs.

About the American Red Cross

The American Red Cross shelters, feeds and provides emotional support to victims of disasters; supplies more than 40 percent of the nation’s blood; teaches skills that save lives; provides international humanitarian aid; and supports military members and their families. The Red Cross is a not-for-profit organization that depends on volunteers and the generosity of the American public to perform its mission. For more information, please visit www.redcross.orgor join our blog at http://blog.redcross.org.

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 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, remote deposit capture and remittance processing. For more information visit www.panini.com.

Topics: check processing, Nonprofit, RDC, Donation Processing