1900 McKinney
Founded in 1972, BancTec released its first product, the CheckMender, in 1973. The CheckMender, the first device of its kind, repaired checks rejected by high-speed reader/sorter by affixing a HeatStrip material for manually re-encoding and processing. In 1980, BancTec successfully completed an initial public offering and was listed on NASDAQ as BTEC.
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