magnetic ink sentence in Hindi
Sentences
Mobile
- In the 1950s, Burroughs worked with the Federal Reserve Bank on the development and computer processing of magnetic ink character recognition ( MICR ) especially for the processing of bank cheques.
- Early versions of the fake notes, for example, lacked the bands of magnetic ink printed in distinctive patterns on different denominations of U . S . money; later counterfeits rectified this error.
- The Charlotte banks started noticing the problem when high-speed sorting machines spat out the phony checks because the laser-printed copies did not have the account number coded in magnetic ink, as good checks do.
- Some people believe that the magnetic ink was intended as a fraud prevention concept, yet the original intent was to have a non-optical technology so that writing on the cheque, like signatures, would not interfere with reading.
- It was granted with much ceremony on a Tuesday at noon, the traditional time for the award of patents, to General Electric Co . The invention was an automatic scanner used by banks for sorting checks printed in magnetic ink.
- Many of these features are present in today s note counting machines, some of which can detect a note's security features ( e . g . magnetic ink, ultraviolet ink, magnetic strip, note density etc . ) to identify counterfeit and damaged notes.
- These standards include ANS X9.100-160-2 ( Magnetic Ink Printing ( TIFF Image Format for Image Exchange ), ANS X9.100-187 ( Specifications for Electronic Exchange of Check and Image Data-Domestic ), and Draft Standard for Trial Use ( DSTU ) X9.37 ( Electronic Exchange of Check and Image Data ).
- Except for barcodes, optical character recognition ( OCR ), and magnetic ink character recognition ( MICR ) data, electronic data storage is easier to revise and may be more cost effective than alternative methods due to smaller physical space requirements and the ease of replacing ( rewriting ) data on the same medium.
- Since MICR characters are no longer necessarily printed in magnetic ink and will be scanned by optical rather than magnetic means, the readers will be unable to distinguish pen ink from pre-printed magnetic ink; these changes allow cheques to be printed on ordinary home and office printers without requiring pre-printed cheque forms, allow ATM deposit capture, allow mobile deposits, and facilitate electronic copies of cheques.
- Since MICR characters are no longer necessarily printed in magnetic ink and will be scanned by optical rather than magnetic means, the readers will be unable to distinguish pen ink from pre-printed magnetic ink; these changes allow cheques to be printed on ordinary home and office printers without requiring pre-printed cheque forms, allow ATM deposit capture, allow mobile deposits, and facilitate electronic copies of cheques.
- More Sentences: 1 2
magnetic ink sentences in Hindi. What are the example sentences for magnetic ink? magnetic ink English meaning, translation, pronunciation, synonyms and example sentences are provided by Hindlish.com.