Wednesday, April 2, 2008

Magnetic ink character recognition

from wikipedia:

Magnetic Ink Character Recognition, or MICr, a character recognition technology adopted mainly by the banking industry to facilitate the processing of Cheques. The process was demonstrated to the American Bankers Association in July 1956, and it was almost universally employed in the U.S. by 1963. MICR is standardized by ISO 1004.


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