Magnetic Ink Character Recognition (MICR) Readers
MICR Reader automates remote deposit capture of checks.
Press Release Summary:
ClearCheck21 MICR Reader provides high-reliability OCR of check MICR line, as well as correction strips, and can read MICR lines from IRDs. It can read multiple lines per document, in any orientation, and accepts check images from flat bed, hot dog, as well as traditional check scanners. Able to read x9.37 image cash letter files, unit accepts PDF, TIFF, JPG, and other formats. Device can also extract well-cropped, deskewed check image from larger image.
Original Press Release:
Automate check21 Processing for Remote Deposit Capture without Buying Special Check Scanners
Sunnyvale, CA - May 20, 2009 - Inlite Research Inc, a leading worldwide provider of production quality tools for image processing and data capture, today announced the general availability of the ClearCheck21 MICR Reader. MICR lines at the bottom of checks are critical to the check deposit and clearing process. Incorrect MICR reads are the major contributor to check processing exceptions averaging nearly 3% by industry estimates. Check scanners cannot read the MICR line if a correction strip is applied, requiring manual rework of exceptions and credit returns. New check21 technology from Inlite Research provides a high reliability OCR of the check MICR line, as well as correction strips. It can even read the MICR lines from IRDs, quality permitting.
ClearCheck21 can:
o Read X9.37 image cash letter files
o Accept PDF, TIFF, JPG and other file formats.
o Read multiple MICR lines per document, in any orientation
o Extract a well cropped, deskewed check image from a larger image
o Source code examples for VB and C++
"Financial application developers need a solution that can read images from any source," said Gene Manheim, Inlite's president and chief technology officer. "The new ClearCheck21 engine can accept check images from flat bed scanners and hot dog scanners, as well as traditional check scanners." Unlike magnetic MICR readers, it can read multiple lines on a check and on the IRD, and it can extract the check image in a form that is ready to remote deposit via an image file.
The MICR recognition engine is included in the ClearImage SDK, and it is free of charge to developers and can be downloaded from www.inliteresearch.com/homepage/download/downloadCI.html.
About Inlite Research Inc.
Since 1992, Inlite Research Inc. has been a leading provider of image processing and barcode recognition technology to OEM developers of document processing and data capture applications. The ClearImage engines enable developers to automate business processes, to process documents and images and to capture data, thereby improving enterprise productivity, customer service and profitability. Inlite's legendary support is provided directly by the engineers who developed the software, and accounts for the loyalty of customers. With over 30,000 installations worldwide, Inlite continues to innovate new imaging and barcode technologies. (www.inliteresearch.com)
