magnetic ink

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Words related to magnetic ink

an ink that contains particles of a magnetic substance whose presence can be detected by magnetic sensors

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Based on WordNet 3.0, Farlex clipart collection. © 2003-2012 Princeton University, Farlex Inc.
References in periodicals archive ?
The significance of this achievement was further explained by Dinesh Jain, President, Legal and Corporate Affairs and the Head of Holography Business, who said: 'now that we have been certified by the IBA, a huge window of opportunity for security printing of MICR instruments both in India and overseas has opened up for Uflex.
- Prints MICR characters accepted by most banks (for use with laser printers) — no need to order expensive checks pre-printed with bank information
A[cedilla] Check Production Integrity -- an optional feature that automatically tracks the total number of checks in a run and captures every printed MICR line to determine if a number in a check sequence is missing, duplicated or out of order.
"With its extensive security and control features, the SP 4110N Secure MICR is ideal for branch banking, staffing, brokerage, and other industries that issue checks remotely in branch offices," said Glen Fossella, vice president Sales and Marketing, Rosetta Technologies.
Utilizing RDM's industry leading and proprietary Progressive MICR Method and imaging technology, RDM SYNERGY II is ideal for Electronic Check Conversion (ECC), Check 21 transactions, as well as credit, debit, EBT and loyalty cards.
The Question being asked by the researchers was: Does MICR improve survival from out-of-hospital cardiac arrest in a large urban setting.
"G7 competitors, unable to provide their users with the appropriate magnetic ink printing solution, might downplay the MICR requirement, almost making it appear as an option or preference of a few banks," Mr.
"Standalone scanners have traditionally had high MICR misreads," says Bud Weist, vice president of sales and marketing at the Epson System Device Group, who calls CaptureOne "the ideal solution for multi-lane supermarkets looking to electronify checks using back office capture, remote deposit capture or a combination of the two."
MICR, pronounced as Mick-R, is an acronym that the banking industry came up with for magnetic ink character recognition.
Based on the success of RDM's EC6000i(R) series with its small footprint, unsurpassed connectivity, and industry leading MICR and image technology, the RDM EC7000i(TM) two-sided imager will provide a low cost, two-sided imaging solution to merchants and low volume billers who want to take advantage of the opportunities presented by Check 21.
Because ECC relies on MICR encoding (reading the magnetic characters at the bottom of the paper check), retailers face high risk once the check is gone.
The company provides integrated solutions for managing financial transactions, such as self-service kiosks, secure disbursement software and magnetic ink character recognition (MICR) printing.
Upon receipt, the lockbox processes the payment in an automated fashion; envelopes may be discarded while the transit routing number and account number (MICR information) on the bottom of the check is captured and OCR information is read.
ACOM Solutions, Inc., selected by Xerox to MICR-enhance the corporation's Phaser black-and-white laser printers for MICR laser checks and other sensitive financial documents and instruments, has now completed the MICR-enhancement engineering for Xerox' advanced Phaser 5400 printer and will begin shipping the Xerox Phaser 5400 MICR-Enhanced Laser Printer Solution from ACOM this month; it was announced by Gregory T.