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Topic: Magnetic ink character recognition


  
  Magnetic ink character recognition - Wikipedia, the free encyclopedia
Magnetic Ink Character Recognition, or MICR, colloquially pronounced /ˈmɪkɚ/ or sometimes /ˈmaɪkɚ/, is a special kind of character recognition technology that was adopted mainly by the U.S. banking industry to facilitate the processing of cheques.
The general problem of character recognition is limited in its usefulness to the degree of the accuracy of the recognition.
MICR was developed by the Bank of America, leading to the development of one of the earliest commercial computer systems, ERMA.
en.wikipedia.org /wiki/Magnetic_ink_character_recognition   (418 words)

  
 Optical character recognition - Wikipedia, the free encyclopedia
Recognition of hand printing, cursive handwriting, and even the printed typewritten versions of some other scripts (especially those with a very large number of characters), are still the subject of active research.
Recognition of cursive text is an active area of research, with recognition rates even lower than that of hand-printed text.
One area where accuracy and speed of computer input of character information exceeds that of humans is in the area of magnetic ink character recognition, where the error rates range around one read error for every 20,000 to 30,000 checks.
en.wikipedia.org /wiki/Optical_character_recognition   (1523 words)

  
 Smart Computing Encyclopedia Entry - Magnetic Ink Character Recognition (MICR)   (Site not responding. Last check: 2007-10-02)
MICR checks are printed at least in part with special ink that is mixed with magnetic particles.
MICR E-13B is used in North America, the United Kingdom, Panama, and Puerto Rico, among other countries, and includes the digits 0 to 9 and four special bank symbols.
Several companies sell MICR fonts that can be downloaded to a PC to let individuals and small businesses print their own checks, but unless they are used in conjunction with a laser printer equipped with special MICR toner, they may be rejected by a bank or require manual handling that results in a service fee.
www.smartcomputing.com /editorial/dictionary/detail.asp?guid=&searchtype=&DicID=18096&RefType=Encyclopedia   (482 words)

  
 AIM - The global trade assocation for automatic identification   (Site not responding. Last check: 2007-10-02)
Magnetic ink character recognition (MICR), which was developed in the mid-1950s, is widely used in the banking industry for marking bank checks.
MICR readers are not only present at financial institutions; they are becoming a familiar sight at retail point-of-sale stations for use in check authorization.
MICR readers are becoming more visible to the general public as their presence increases at point-of-sale.
www.aimglobal.org /technologies/othertechnologies/general_information_micr.asp   (154 words)

  
 Printerm Defines MICR
MICR (Magnetic Ink character Recognition) was developed to utilize the benefits of computer technology in the banking industry.
MICR readers transport the checks containing the E-13B magnetic characters past a magnet, thereby magnetizing the iron oxide particles.
When a magnetized E-13B printed character moves across the narrow gap of the read head, the electric voltage caused by the magnetic flux from the character generates a waveform unique to each character (Figure 1).
www.printerm.com /micrdef.htm   (1281 words)

  
 MICR - Magnetic Ink Character Recognition -- Cognitronics Ltd   (Site not responding. Last check: 2007-10-02)
M I C R (pronounced myker) is a recognition system that uses special ink and characters to achieve a secure, high-speed method of reading characters using magnetic variations in their shape and not their optical image.
MICR technology is dependant on the use of specially formulated magnetic ink or ribbons to print information onto documents.
MICR is not restricted to E13B and financial institutions overseas use a font known as CMC7 where the same magnetic principles are used.
www.cognitronics.co.uk /info/micr.html   (253 words)

  
 MICR - Magnetic Ink Character Recognition
The use of special characters AND magnetic ink allowing "readers" to recognize numbers at high speed.
Magnetic Ink Character Recognition style printing on the bottom of personal and bank checks.
Magnetic Ink Character RecognitionMICR is the magnetic ink used primarily in "Check" processing and the process allows the MICR encode to be read by the computer and translated into computer data.
www.auditmypc.com /acronym/MICR.asp   (221 words)

  
 ROSISTEM » Magnetic Ink Character Recognition (MICR)
Magnetic Ink Character Recognition, or MICR, is a special kind of optical character recognition technology that was adopted mainly by the financial or banking industry to facilitate the processing of checks.
Magnetic Ink Character Recognition (MICR) is most commonly used to encode and read information on checks and bank drafts to speed clearing and sorting.
MICR can be added to checks with existing print technology using the iron-oxide inks for almost no additional cost.
www.rosistem.ro /www/technologies/micr   (460 words)

  
 MICR: an Inexpensive RX to Practitioner Pain; Software for Magnetic Ink Character Recognition Printing
Magnetic ink character recognition printing software--better known as MICR--addresses some major pain points for accounting professionals by enabling them to just print their own firms' checks and to print payroll or accounts receivable checks for clients.
When MICR was originally developed in the 1950s, magnetic ink was a new technology, and banks, clearing houses and the Federal Reserve system made huge investments in technology to accommodate the automated clearing and routing system.
Special MICR toner, however, is guaranteed by the vendor to provide the magnetic characteristics necessary to be read by a magnetic reader.
www.onlinesoftwareguide.com /micr.html   (1039 words)

  
 MICR: Magnetic Ink Character Recognition   (Site not responding. Last check: 2007-10-02)
Magnetic Ink Character Recognition(MICR) is a technique that enables special characters printed in magnetic ink to be read and input rapidly to a computer.
When a document that contains this ink needs to be read, it passes through a machine, which magnetizes the ink and then translates the magnetic information into characters.
MICR is used extensively in banking because magnetic-ink characters are difficult to forge and are therefore ideal for marking and identifying cheques.
www.javvin.com /hardware/MICR.html   (74 words)

  
 Magnetic ink character recognition system (US4087789)
Each of the ink characters is divided into a plurality of discrete vertical segments; each segment being individually magnetized by a write head in the write station.
The velocity at which the document is transported is sensed and time-correlated to the magnetization of each discrete segment to avoid irregularly spaced magnetization due to non-uniformities in transport velocity.
An improved magnetic ink character recognition (MICR) system of the class wherein a record medium, bearing encoded characters formed of magnetizable ink, is transported by record transport means past a write station which magnetically energizes each of the encoded characters in discrete segments, the improvement comprising:
www.delphion.com /details?pn10=US04087789   (275 words)

  
 Magnetic-Ink Character Recognition - MICR
Short for Magnetic-Ink Character Recognition, MICR is a type of font capable of recognition using magnetically charged ink.
MICR font is commonly used to print checks, deposit slips, mortgage coupons, etc. There are various types of MICR fonts, the MICR E-13B font is used in the Canada, Panama, Puerto Rico, UK, and the United States.
The MICR CRC-7 was created according to the ISO standards and is a font used in France, Mexico, Spain, and most other Spanish speaking countries.
www.computerhope.com /jargon/m/micr.htm   (108 words)

  
 What Is Micr   (Site not responding. Last check: 2007-10-02)
MICR stands for Magnetic Ink Character Recognition, which is the ink used in security and...
MICR Characters are the unusual numbers and characters printed on the bottom of all...
Magnetic Ink Character Recognition, or MICR, colloquially pronounced /mk/ or sometimes /mak/, is a...
www.molsmicr.com /whatismicr   (801 words)

  
 Character Recognition
Character recognition fonts are divided in two groups, Magnetic Ink Character Recognition (MICR) and Optical Character Recognition (OCR).
For this purpose a grid of 7 by 11 squares was used that either had to be white or fl.
By the end of the sixties the time was ripe for full character recognition.
homepages.cwi.nl /~dik/english/codes/charrec.html   (792 words)

  
 APCA - MICR Magnetic Ink Character Recognition (Publication 3.3)
MICR (Magnetic Ink Character Recognition) : Publication 3.3.
This illustrated technical publication provides general information on magnetic ink character recognition (MICR), as well as specifications for MICR documents, codeline field layout and printed characters.
This publication replaces the specifications contained in "Magnetic ink character recognition (MICR) : publication 3 R2" (1988) and its supplements, "Non-impact MICR encoding standards" (1993) and "Accreditation of MICR printing systems" (1997), and all previous versions of these specifications.
www.apca.com.au /Public/apca01_live.nsf/WebPageDisplay/PUB_33   (276 words)

  
 Barcode fonts : MICR Barcode Font - Magnetic Ink Character Recognition Barcode
MICR (Magnetic Ink Character Recognition) strips are used by banking industry to automate check processing.
The characters can be recognized in two ways: magnetic recognition and optical recognition.
To satisfy printing requirements, magnetic ink has to be employed to print checks.
iovsoft.hypermart.net /popprog/morovia/micr.htm   (502 words)

  
 MICR printer secure, versatile solutions from Oce
Consider a high volume MICR printer from Oce to reduce the risks associated with MICR (Magnetic Ink Character Recognition) printing.
MICR requires special precautions that are not necessary in other type of printing.
The critical nature of Magnetic Ink Character Recognition applications demands integrity and accuracy in the content of these critical documents.
www.oceusa.com /cp_micrprinter.html   (476 words)

  
 New Toner & Developer for IBM's Infoprint   (Site not responding. Last check: 2007-10-02)
IBM also announced that Magnetic Ink Character Recognition (MICR) toner is currently available for select models of the Infoprint 4100 family of printers.
A Magnetic Ink Character Recognition (MICR) CCD is available for the Infoprint 4100 High-Quality Models (previously available only on the Infoprint 4000 family).
MICR Fonts for the Infoprint 4100 must be downloaded at http://www.printers.ibm.com/r5psc.nsf/web/4100supt.
www.outputlinks.com /html/news/news-9915.shtml   (1086 words)

  
 Web CPA
Magnetic ink character recognition printing software - better known as MICR - addresses some major pain points for accounting professionals by enabling them to just print their own firms’ checks and to print payroll or accounts receivable checks for clients.
MICR check printing, especially if it also includes the capability of printing a digitized signature directly onto the check, can leave you and your clients very vulnerable.
As with pretty much all the other MICR applications that we reviewed, it’s not difficult to add your own graphics, and there are more than 60 different pre-defined check layouts, so you won’t have any difficulty using blank safety paper from alternate sources.
www.webcpa.com /article.cfm?articleid=988&print=yes   (3277 words)

  
 MICR printing ensures accuracy - Oce
These integrated MICR printer systems can be used in printing payroll checks, insurance reimbursements, and balance transfer solicitations.
The critical nature of MICR applications demands integrity and accuracy in the content of these critical documents.
Magnetic Ink Character Recognition requires special precautions that are not necessary in other types of printing.
www.oceusa.com /cp_micr.html   (225 words)

  
 MICR Repository- all about Magnetic Ink Character Recognition
the first collection of information about MICR (Magnetic Ink Character Recognition) on the Internet that we are aware of.
MICR stands for Magnetic Ink Character Recognition, and is used to describe the special numbers and symbols you typically see at the bottom of checks, and the technology and processes to produce and analyze these characters.
MICR printing used to be a well controlled process in the hands of a small number of commercial printers.
www.asapchecks.com /micr/micr.htm   (292 words)

  
 Verizon Learning Center - Wireless Technology - Automatic Data Capture - Page 2 of 2
In voice recognition systems, instructions are conveyed 'hands free' directly to a computer or a recognition device by the human voice.
Voice recognition systems can be combined with other technologies such as barcodes and Radio Frequency Communications for enhanced data input and real time data collection.
MICR uses specially shaped characters, printed with a magnetic ink and identified by a magnetic reader.
www22.verizon.com /about/community/learningcenter/articles/displayarticle1/0,4065,1157z2,00.html   (483 words)

  
 Glossary | Merchant Link   (Site not responding. Last check: 2007-10-02)
The MICR characters (0-9 and 4 special characters) are printed in special toner or ink.
The first one magnetizes the MICR character and the second one reads the (now) magnetic MICR character.
The physical and magnetic characteristics of the magnetic stripe have been standardized so that the encoded data can be read by commonly available magnetic stripe reading devices.
www.merchantlink.com /merlinglom.do   (730 words)

  
 Character recognition system (US5347593)
An arrangement for acquiring signal representatives intended to correspond to character representations, out of a set of possible character representations, provided on a substrate that emanate magnetic fields which can be sensed to provide a related waveform.
Times of extrema of the waveform are ordered and compared with the ordering of time locations in waveforms expected for the set of possible characters with different orderings being used to eliminate those possible characters having expected waveforms incompatible with the extrema ordered times of the measured waveform.
A method for acquiring signal representations intended to correspond to those character representations, out of a set of possible known character representations, provided on a nonmagnetic material substrate so as to be capable of establishing corresponding magnetic fields, said method comprising:
www.delphion.com /details?pn10=US05347593   (304 words)

  
 HFCU - Common Credit Union Terms
Magnetic Ink Character Recognition - Electronic recognition of machine-readable characters (printed with magnetic ink) appearing at the bottom of checks.
Used to route the check to the proper financial institution and to charge the check to the appropriate account within the institution.
Magnetic Strip - Electronically encoded magnetic field placed on the surface of a plastic card for the purpose of enabling a machine to identify unique information about the issuing institution and the account holder.
www.houstonfcu.org /home/help/terms?letter=M   (525 words)

  
 Magnetic Ink - DB Ink's Best Magnetic Ink Resources   (Site not responding. Last check: 2007-10-02)
MICR Toner (Magnetic Ink Character Recognition) Special magnetic Toner used in printing bank checks on plain paper.
magnetic check ink magnetic check ink are not content to urging them to more rigorous care, appears to have consisted cheap corn, and not only to the military Pythagoras commaunded from the shore and...
Magnetic Ink Character Recognition The MICR font is a specially shaped collection of numbers and symbols for which automated reading equipment was developed years ago in the banking industry.
www.dbink.com /magneticink/?magnetic-ink   (1072 words)

  
 MICR - a Whatis.com definition
MICR (magnetic ink character recognition) is a technology used to verify the legitimacy or originality of paper documents, especially checks.
Special ink, which is sensitive to magnetic fields, is used in the printing of certain characters on the original documents.
Even a legitimate check can be rejected if the MICR reader indicates that the owner of the account has a history of writing bad checks.
searchsmb.techtarget.com /gDefinition/0,294236,sid44_gci901407,00.html   (248 words)

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