Banctec Inc. announced last week it sold an image-based check processing system to an overseas institution for $2.3 million.

The sale to London-based Halifax PLC is a bright spot for the Dallas company, which has been struggling to boost revenues and earnings.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.