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1968
Hardware Description
The IBM 1450 bank data processing system debuted in 1968 as a low-cost data handling system designed specifically for banks. Among other functions, the system could perform checking account and mortgage calculations, network teller terminals, and receive data from magnetically encoded checks and deposit slips read by an IBM 1259 magnetic character reader. The reader could process and sort checks at a rate of 600 per minute.
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Model Number:
1450 -
Manufacturer:
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Hardware Type:
Computer - Mainframe -
Manufacture Year:
1968 -
More Info:
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