<P> Forrest Corry Parry (July 4, 1921--December 31, 2005) was the IBM engineer who invented the Magnetic stripe card used for Credit cards and identification badges . </P> <P> Parry was born in Cedar City, Utah to Edward H. Parry and Marguerite C. Parry . Forrest attended the Branch Agricultural College (BAC) now Southern Utah University, in Cedar City before entering the U.S. Naval Academy at Annapolis, Md, in 1942 . He graduated from the Naval Academy in June 1945 . When the Korean War began in 1950, Parry served on the USS Walke as First Lieutenant and Damage Control Officer . After the Walke was hit by a torpedo or floating mine which killed 26 sailors and wounded 40, Parry was awarded a Bronze Star with Valor . </P>

Who created the magnetic stripe on credit cards