Magnetic Ink Character Recognition

GPTKB entity

Statements (34)
Predicate Object
gptkbp:instanceOf gptkb:technology
gptkbp:abbreviation gptkb:MICR
gptkbp:advantage gptkb:security
high accuracy
speed
gptkbp:appliesTo cheques
deposit slips
other financial documents
gptkbp:characterSet gptkb:CMC-7
gptkb:E-13B
gptkbp:enables fraud prevention
automated sorting
human reading of characters
machine reading of characters
https://www.w3.org/2000/01/rdf-schema#label Magnetic Ink Character Recognition
gptkbp:introducedIn 1950s
gptkbp:readBy MICR reader-sorter
magnetic reader
gptkbp:region gptkb:Australia
gptkb:Canada
gptkb:India
gptkb:United_Kingdom
gptkb:United_States
gptkbp:relatedTo gptkb:Optical_Character_Recognition
barcode
gptkbp:standardizedBy gptkb:ISO_1004
gptkbp:usedBy banks
financial institutions
gptkbp:usedFor banking automation
processing cheques
gptkbp:uses magnetic ink
special fonts
gptkbp:bfsParent gptkb:MICR
gptkbp:bfsLayer 7