Encoding (magnetic ink character recognition) for speed sorting and processing.

Magnetic ink character recognition is a very specialised technique and the equipment used is comparatively expensive.

But magnetic ink character recognition is such an entrenched technology across the banking industry that despite its technical limitations, it will be difficult to displace.

Because of the speed with which they can be read by computer systems, magnetic ink character recognition is used extensively in banking, primarily for personal checks.

The magnetic ink character recognition "CMC-7" font also uses this variety of "4".

"magnetic ink character recognition" entry.

Magnetic ink character recognition (MICR) is used to read data directly from cheques.

Magnetic ink character recognition (MICR) was developed and commercialized in the 1950s.

Current check processing systems use magnetic ink character recognition, 25-year-old technology, to read bank and account codes and store the check images on microfilm.

Magnetic ink character recognition readers (MICRs)

MICR stands for Magnetic Ink Character Recognition.

The reason is technical requirements of the Magnetic Ink Character Recognition (MICR) technology used on these forms.

Magnetic Ink Character Recognition (MICR) - uses ink containing magnetic particles.

As a result, an ever-increasing amount of printed material has the requirement for Magnetic Ink Character Recognition (MICR).

The ink used in magnetic ink character recognition (MICR) technology is also used to greatly reduce errors in automated (or computerized) reading.

MICR is an acronym for Magnetic Ink Character Recognition which is used to produce and analyze the characters found at the bottom of cheques.

Also in the 1950s NCR introduced MICR (magnetic ink character recognition) and the NCR 3100 accounting machines.

As a member of the American Bankers Association's check-processing committee, he also recommended magnetic ink character recognition as the standard for nationwide check handling, a system that is still in use today.

With the ability to add highlight color, in addition to Magnetic Ink Character Recognition (MICR), the result is an exceptional printer that offers unmatched flexibility and speed.

ChequeMax needs to use special MICR (Magnetic Ink Character Recognition) toner when printing the cheques so the cheques may be read by bank equipment.

MICR Magnetic ink character recognition symbols (MICR) are readable by both people and special devices which automatically convert them into computer processable form.

The ABA RTN appears in two forms on a standard cheque - the fraction form and the MICR (magnetic ink character recognition) form.

Founded in 1987, Rosetta Technologies is dedicated to developing and marketing the world's most technically advanced printers, consumables, and software for magnetic ink character recognition (MICR) applications.

Mr. Zipf also led a team at the bank that together with Stanford Research Institute developed magnetic ink character recognition, which reads the string of numbers on the bottom of each check.

ChequeScribe I is a Windows software application for the secure production and control of MICR (Magnetic Ink Character Recognition) documents, such as, cheques and coupons.