In 1969 Forrest Parry, an IBM engineer, had the idea…

In 1969 Forrest Parry, an IBM engineer, had the idea to affix magnetic tape to a plastic card. Every adhesive failed. He went home frustrated. His wife was ironing when he walked in. She suggested he fuse the tape onto the card with the iron. It was a success, and the magstripe card was born. […]