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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In 1993, Foss was named BancTec's vice president of Professional Services and subsequently served as vice president of Operations and as vice president of Sales for community banking.
The acquisition comes less than two years after the merger of SourceHOV with BancTec, Inc., and just over a year since SourceHOV's initial investment into TransCentra, in July 2015.
Foss began his career in 1985 at NCR and held leadership positions at Advanced Computer Systems (ACS) and BancTec. In 1999, he arranged the sale of BancTec's financial solutions division to Jack Henry and Associates and subsequently served as president of JHA's open systems group and general manager of the complementary solutions group.
Moses joined Jack Henry & Associates in 1999 through the acquisition of BancTec Financial Systems where he had been employed since 1989.
Companies that license ABBYY technologies include BancTec, Canon, EMC/Captiva, Hewlett-Packard, KnowledgeLake, Microsoft, NewSoft, Notable Solutions, Samsung Electronics and more.
Companies that license ABBYY technologies include BancTec, Canon, EMC/Captiva, Hewlett-Packard, Microsoft, NewSoft, Notable Solutions, Samsung Electronics and more.
BancTec, a global provider of advanced, high-volume, document and payment processing solutions and services, announced today that British Airways (BA) has selected it for a major engineering record management effort, expected to last initially for three years.
For the first time, a single application now works with the Banctec Docuscan9000, Opex 3690 or IBML scanners for high volume wholesale, and will support the OPEX 150 IEM for higher volume retail.
ALFalak had recently signed a document scanning and sorting equipment distribution agreement covering the Saudi market with BancTec Inc.- TradeArabia News Service
Earlier, Lavey was with imc2 of Dallas, Lighting Science Group Corp., MetroPCS, Excel Communications, BancTec and NAC.
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).
Summary: Relationship expands BancTec's reach into the Middle Eastern markets while extending customer value chain