SOURCE TECHNOLOGIES

About SOURCE TECHNOLOGIES

In 1986, a company named SOURCE TECHNOLOGIES was founded in Charlotte, North Carolina, with a clear focus: secure printing. They specialized in Magnetic Ink Character Recognition, or MICR, technology, which is essential for printing the special characters on checks and other negotiable documents. This allowed businesses to automate the printing of sensitive financial information. Over the years, the company expanded its offerings beyond just printers and ink. They moved into software solutions and self-service kiosks, aiming to help financial institutions and retailers improve efficiency. Their technology enabled customers to handle transactions like bill payments and credit applications through user-friendly kiosks, transforming the in-branch experience. By 2016, the company's client list included six of the top ten U.S. banks and dozens of Fortune 100 companies, a testament to their established position in the financial technology sector. A significant event in the company's journey occurred in June 2020 when it was acquired. More recently, in April 2025, SOURCE TECHNOLOGIES itself made an acquisition, purchasing AMT Datasouth to further broaden its product and service offerings.