Today in
Computer History

Monday, January 28, 1952
Bank of America signs a contract to automate their check processing
The contract was with SRI following a previous feasibility study that concluded a system was possible. This first contract was only for a handful of branches. In 1959, the first 'production' version was installed and by 1966, nearly 900 branches were using this system, processing about 750 million checks a year.