Magnetic Ink Character Recognition
Essay specific features
May 3, 2016
No of pages / words:
6 / 1459
Rating of current essay:
MICR was devised to allow computers to electronically read and recognize consumer and business account information for the purpose of automating check processing and to automate the debit and credit of bank accounts electronically (http://www.rosistem.ro/www/technologies/micr/). Although most people were unaware they were using it, MICR could well be considered the first electronic banking innovation used by consumers...
displayed 300 characters
Order custom writing paper now!
- Your research paper is written
by certified writers
- Your requirements and targets are
- You are able to control the progress
of your writing assignment
- You get a chance to become an
Get a price guote
Although most people were unaware they were using it, MICR could well be considered the first electronic banking innovation used by consumers.
It is said that necessity is the "mother of invention" and that is certainly true in the case of MICR. MICR was invented in direct response to the economic boom that followed World War II...
displayed next 300 characters
General issues of this essay:
2 pages, 417 words
1 pages, 210 words
1 pages, 227 words
1 pages, 179 words
2 pages, 394 words
3 pages, 624 words
2 pages, 324 words