Please Note: Blog posts are not selected, edited or screened by Seeking Alpha editors. Magnetic Ink Character Recognition (MICR) Printer Market. Among major regions, North America was the highest ...

Rosetta Technologies, a provider of magnetic ink character recognition (MICR) printers and check and Image Replacement Document (IRD) software solutions, announced the availability of the SP 3400SF ...

TAMPA, Fla.--(BUSINESS WIRE)--Rosetta Technologies today announced the general release and availability MICR versions of the Ricoh SP5200DN and SP5210DN printers. The SP5200 complement of printers is ...

The central bank has asked all banks to report incidents of counterfeiting of cheques. At the same time it asked for suggestions on how to prevent such fraud. MICR technology was introduced to stop ...

Lagos — The Central Bank of Nigeria (CBN), in collaboration with MICR Technical Implementation Committee has approved the accreditation and re-accreditation of 14 cheque printers under the Nigerian ...

The Central Bank of Nigeria (CBN) has denied accreditation to foreign printers that have been printing cheque books for some Nigerian banks. In a circular released, yesterday, entitled Circular to ...

Earlier this month there was some newspaper reports about how a reputed bank in Bengaluru identified fake demand drafts (DD), and alerted the police. In this case the bar codes in the fake DDs lacked ...

Sometimes we read in news paper about how a bank identified fake demand drafts (DD), and alerted the police. In this case the bar codes in the fake DDs lacked magnetic ink and were not readable on the ...

There are indications that the recent decision by the Central Bank of Nigeria, CBN, to accredit only two local firms to print 300 million cheques and other security paper instruments for the 22 banks ...

Jamshedpur, Feb. 15: Financial transactions in the steel city hit a stumbling block after certain banks refused to accept non-Magnetic Ink Character Recognition (MICR) cheques. Though branch managers ...

The Central Bank of Nigeria (CBN) has authorised six companies as cheque printers and cheques personalisers. A circular to deposit money banks released yesterday, and signed by CBN Director of the ...