magnetic ink character recognition

GPTKB entity

Statements (31)
Predicate Object
gptkbp:instanceOf gptkb:technology
gptkbp:abbreviation gptkb:MICR
gptkbp:advantage readable by humans and machines
resistant to alteration
gptkbp:detects magnetic signal
gptkbp:distinctiveFeature optical character recognition
gptkbp:enables fraud prevention
high-speed sorting
machine reading of characters
gptkbp:fontExample gptkb:CMC-7
gptkb:E-13B
https://www.w3.org/2000/01/rdf-schema#label magnetic ink character recognition
gptkbp:introducedIn 1950s
gptkbp:readBy MICR reader
gptkbp:standardizedBy gptkb:ISO
gptkb:ANSI
gptkbp:usedFor banking automation
processing cheques
gptkbp:usedIn gptkb:Australia
gptkb:Canada
gptkb:India
gptkb:United_Kingdom
gptkb:United_States
gptkbp:usedOn cheques
deposit slips
bank drafts
gptkbp:uses magnetic ink
special fonts
gptkbp:bfsParent gptkb:CMC-7_font
gptkb:E-13B_font
gptkbp:bfsLayer 7