Mark And Character Recognition Device PDF

Preview

Summary

Mark And Character Recognition Device...

Description

MARK AND CHARACTER RECOGNITION DEVICE What Is a Magnetic Ink Character Recognition (MICR) Line? Magnetic ink character recognition (MICR) is a technology used primarily to identify and process checks. The MICR on a check is the string of characters that appears at the bottom left of the check. It consists of three groups of numbers, including the bank routing number, the account number, and the check number. The MICR includes, from left, a nine-character routing number, a 12-character account number, and a four-character check number. It is called a magnetic ink character recognition line in reference to the print technology that is used to enable a machine to read, process, and record information. How the Magnetic Ink Character Recognition (MICR) Line Works? The magnetic ink character recognition line enables a computer to rapidly read and record numbers or other information from printed documents, such as a personal check. In this case, that information is a check number, routing number, and account number. The system was developed by the American Bankers Association (ABA) in the late 1950s and was later recognized as an industry standard by the American National Standards Institute. The MICR number, which is sometimes confused with just the account number, is printed on the check using magnetic ink or toner, less than an inch above the bottom of the document. The magnetic ink allows a computer to read the characters even if they have been covered with signatures, cancellation marks, bank stamps, or other marks.

MICR lines help facilitate automatic check-clearing when banks send their checks to central processing systems at the end of the day. They are designed to be easily read by people as well, so that check information can be communicated easily. The numbers are usually printed in one of two specially-designed fonts, called E13B and CMC-7. Both are used worldwide, with the E-13B used primarily in North America, Australia, and the United Kingdom. The CMC-7 font is mainly used in Europe and parts of South America. What is Optical character recognition? Optical character recognition or optical character reader (OCR) is the electronic or mechanical conversion of images of typed, handwritten or printed text into machine-encoded text, whether from a scanned document, a photo of a document, a scene-photo (for example the text on signs and billboards in a landscape photo) or from subtitle text superimposed on an image (for example: from a television broadcast). Widely used as a form of data entry from printed paper data records – whether passport documents, invoices, bank statements, computerized receipts, business cards, mail, printouts of static-data, or any suitable documentation – it is a common method of digitizing printed texts so that they can be electronically edited, searched, stored more compactly, displayed on-line, and used in machine processes such as cognitive computing, machine translation, (extracted) text-tospeech, key data and text mining. OCR is a field of research in pattern recognition, artificial intelligence and computer vision. Early versions needed to be trained with images of each character, and worked on one font at a time. Advanced systems capable of producing a high degree of recognition accuracy for most fonts are now common, and with support for a variety of digital image file format inputs.[2] Some systems are capable of reproducing formatted output that closely approximates the original page including images, columns, and other non-textual components What is OMR (Optical Mark Recognition)?

The acronym “OMR” stands for Optical Mark Recognition. This popular and highly accurate recognition technology is used for collecting data from “fill-in-thebubble” types of questions on student tests, surveys, ballots, assessments, evaluations, and many other types of forms. OMR can be confused with other types of recognition including: OCR (Optical Character Recognition) – reading machine printed characters, and ICR (Intelligent Character Recognition) – reading handwritten characters. Optical Mark Recognition enables the respondent to select an answer to a question by filling in a “bubble” or “mark” associated with an answer choice. For instance, in the image on the right the respondent selected Excellent in a box to indicate that the location was Excellent. What is Magnetic stripe card? A magnetic stripe card is a type of card capable of storing data by modifying the magnetism of tiny iron-based magnetic particles on a band of magnetic material on the card. The magnetic stripe, sometimes called swipe card or magstripe, is read by swiping past a magnetic reading head. Magnetic stripe cards are commonly used in credit cards, identity cards, and transportation tickets. They may also contain an RFID tag, a transponder device and/or a microchip mostly used for business premises access control or electronic payment. Magnetic recording on steel tape and wire was invented in Denmark around 1900 for recording audio.[1] In the 1950s, magnetic recording of digital computer data on plastic tape coated with iron oxide was invented. In 1960, IBM used the magnetic tape idea to develop a reliable way of securing magnetic stripes to plastic cards,[2] under a contract with the US government for a security system. A number of International Organization for Standardization standards, ISO/IEC 7810, ISO/IEC 7811, ISO/IEC 7812, ISO/IEC 7813, ISO 8583, and ISO/IEC 4909, now define the physical properties of the card, including size, flexibility, location of the magstripe, magnetic characteristics, and data formats. They also provide the standards for financial cards, including the allocation of card number ranges to different card issuing institutions.

What is Smart card? A smart card, chip card, or integrated circuit card (ICC or IC card) is a physical electronic authorization device, used to control access to a resource. It is typically a plastic credit card-sized card with an embedded integrated circuit (IC) chip. Many smart cards include a pattern of metal contacts to electrically connect to the internal chip. Others are contactless, and some are both. Smart cards can provide personal identification, authentication, data storage, and application processing. Applications include identification, financial, mobile phones (SIM), public transit, computer security, schools, and healthcare. Smart cards may provide strong security authentication for single sign-on (SSO) within organizations. Numerous nations have deployed smart cards throughout their populations. The universal integrated circuit card, or SIM card, is also a type of smart card. As of 2015, 10.5 billion smart card IC chips are manufactured annually, including 5.44 billion SIM card IC chips....