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Magnetic ink character recognition

Index Magnetic ink character recognition

MICR code is a character-recognition technology used mainly by the banking industry to ease the processing and clearance of cheques and other documents. [1]

22 relations: American Bankers Association, American National Standards Institute, Bank account, Bank code, Barcode, Cheque, Cheque Truncation System, Clearing (finance), Electronic Recording Machine, Accounting, France, Groupe Bull, International Organization for Standardization, Iron oxide, Negotiable instrument, OCR-A, OCR-B, Optical character recognition, Tape recorder, Typeface, Unicode, Waveform, Westminster (typeface).

American Bankers Association

The American Bankers Association (ABA) is a Washington, D.C.-based trade association for the U.S. banking industry.

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American National Standards Institute

The American National Standards Institute (ANSI) is a private non-profit organization that oversees the development of voluntary consensus standards for products, services, processes, systems, and personnel in the United States.

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Bank account

A bank account is a financial account maintained by a bank for a customer.

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Bank code

A bank code is a code assigned by a central bank, a bank supervisory body or a Bankers Association in a country to all its licensed member banks or financial institutions.

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Barcode

A barcode (also bar code) is an optical, machine-readable, representation of data; the data usually describes something about the object that carries the barcode.

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Cheque

A cheque, or check (American English; see spelling differences), is a document that orders a bank to pay a specific amount of money from a person's account to the person in whose name the cheque has been issued.

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Cheque Truncation System

Cheque Truncation System (CTS) or Image-based Clearing System (ICS), in India, is a project of the Reserve Bank of India (RBI), commencing in 2010, for faster clearing of cheques.

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Clearing (finance)

In banking and finance, clearing denotes all activities from the time a commitment is made for a transaction until it is settled.

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Electronic Recording Machine, Accounting

ERMA (Electronic Recording Machine, Accounting), was a pioneering computer development project run at SRI International under contract to Bank of America in order to automate banking bookkeeping.

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France

France, officially the French Republic (République française), is a sovereign state whose territory consists of metropolitan France in Western Europe, as well as several overseas regions and territories.

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Groupe Bull

Bull SAS (also known as Groupe Bull, Bull Information Systems, or simply Bull) is a French-owned computer company headquartered in Les Clayes-sous-Bois, in the western suburbs of Paris.

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International Organization for Standardization

The International Organization for Standardization (ISO) is an international standard-setting body composed of representatives from various national standards organizations.

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Iron oxide

Iron oxides are chemical compounds composed of iron and oxygen.

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Negotiable instrument

A negotiable instrument is a document guaranteeing the payment of a specific amount of money, either on demand, or at a set time, with the payer usually named on the document.

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OCR-A

OCR-A is a font that arose in the early days of computer optical character recognition when there was a need for a font that could be recognized not only by the computers of that day, but also by humans.

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OCR-B

OCR-B is a monospace font developed in 1968 by Adrian Frutiger for Monotype by following the European Computer Manufacturer's Association standard.

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Optical character recognition

Optical character recognition (also optical character reader, OCR) is the mechanical or electronic conversion of images of typed, handwritten or printed text into machine-encoded text, whether from a scanned document, a photo of a document, a scene-photo (for example the text on signs and billboards in a landscape photo) or from subtitle text superimposed on an image (for example from a television broadcast).

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Tape recorder

An audio tape recorder, tape deck, or tape machine is an audio storage device that records and plays back sounds, including articulated voices, usually using magnetic tape, either wound on a reel or in a cassette, for storage.

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Typeface

In typography, a typeface (also known as font family) is a set of one or more fonts each composed of glyphs that share common design features.

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Unicode

Unicode is a computing industry standard for the consistent encoding, representation, and handling of text expressed in most of the world's writing systems.

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Waveform

A waveform is the shape and form of a signal such as a wave moving in a physical medium or an abstract representation.

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Westminster (typeface)

Westminster is a printing and display typeface inspired by the machine-readable numbers printed on cheques and designed by Leo Maggs.

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Redirects here:

CMC-7, CMC7, E-13B, E13-B, ISO 1004, MICR, MICR number, MICRing, Magnetic Ink Character Recognition, Magnetic ink, Magnetic-ink character recognition, , , , .

References

[1] https://en.wikipedia.org/wiki/Magnetic_ink_character_recognition

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