BancTec

BancTec

(BancTec, Inc., Dallas, TX, www.banctec.com) A diversified systems integration and services company founded in 1972 that specializes in automating applications for the banking, financial services, insurance, healthcare, government, utility, telecommunications and retail industries. BancTec merged with Recognition Equipment in 1995, thereby broadening its product line to include software for electronically processing credit, debit and courtesy cards and for electronic check authorization. Its PayCourier Archive and legacy OpenARCHIVE software are designed for high-speed archiving of financial document images and related transaction data.
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Foss began his career in 1985 at NCR and held leadership positions at Advanced Computer Systems (ACS) and BancTec.
29 September 2014 - US transaction processing solutions (TPS) provider SourceHOV LLC said today it had entered into an all-stock merger agreement with domestic peer BancTec Group to form a top player in the global TPS services market.
HandsOn3 has announced that one of its affiliated funds has entered into an agreement to buy BancTec Inc.
In total, BancTec s business process outsourcing (BPO) division will scan approximately 65 million engineering records for BA, providing the airline with significant added business value and cost savings.
BancTec, a provider of high volume document and payment processing solutions and services, today announced that it has been selected by US insurance company State Auto Mutual Insurance Company to provide its remittance processing and document imaging solutions to process insurance payments and other incoming documentation to replace the company's legacy system.
BancTec, a global provider of high-volume document and payment processing solutions and services, has announced that BMO Capital Markets, a unit of BMO Financial Group (NYSE: BMO), has signed a long-term business process outsourcing (BPO) agreement with it.
AlFalak Electronic Equipment and Supplies, a leading provider of technology-based solutions, has signed a distribution agreement with BancTec, a top provider of high-volume document and payment processing solutions.
BancTec, a global provider of advanced, high-volume, document and payment processing solutions and services, has signed a distribution agreement with Dubai-based Emitac Enterprise Solutions to sell BancTec solutions in Bahrain, Jordan, Kuwait, Qatar, Saudi Arabia, and the United Arab Emirates (UAE).
Their ability to design, build, and deliver IT infrastructure services solutions, as well as their extensive relationships with a broad set of customers, provide an ideal way for BancTec to establish a presence in the region," said Darren Riley, sales manager, EMEA Emerging Markets, BancTec.
Dell also sold on-site, in-home service contracts to its customers that were serviced solely by BancTec USA Inc.
This is the second CRT site to deploy a BancTec solution.
BancTec, a provider of enterprise content management solutions, has announced the launch of the DocuScan 6000 in the UK.