Product Profile of Magnetic Ink Character Recognition System
Magnetic Ink Character Recognition System is effective for uncovering fraud, such as colour copies of payroll checks or hand-altered characters on a check, both of which are easily detected by the absence of magnetic ink. The System can be used for fast clearing and sorting, as well as fraud detection, benefits customers, financial institutions, and retail establishments. The System is used to encode and read information on checks and bank drafts to speed clearing and sorting. The Magnetic Ink Character Recognition System is capable of providing efficient performance.
