Magnetic ink character recognition

TROY Group's VP Ari Mellon Talks Document Security Innovations and Global Impact on Talkline with Hoppy Kercheval

Retrieved on: 
Wednesday, November 1, 2023

WHEELING, W.Va., Nov. 1, 2023 /PRNewswire-PRWeb/ -- TROY Group, a leading name in document security, proudly announces the recent appearance of its Vice President of Sales and Marketing, Ari Mellon, on the esteemed West Virginia MetroNews program, Talkline with Hoppy Kercheval. The exclusive interview delves into TROY's remarkable journey, innovative solutions, and global influence, shedding light on the secrets behind the company's success.

Key Points: 
  • WHEELING, W.Va., Nov. 1, 2023 /PRNewswire-PRWeb/ -- TROY Group, a leading name in document security, proudly announces the recent appearance of its Vice President of Sales and Marketing, Ari Mellon, on the esteemed West Virginia MetroNews program, Talkline with Hoppy Kercheval.
  • In the interview, Ari Mellon takes viewers on a captivating journey through TROY's impressive evolution spanning over 60 years.
  • What began as a manufacturing company has evolved into an innovative force in document security.
  • TROY invites you to join them on their journey, inspired by adaptability, innovation, and global influence in the ever-changing world of document security.

The Worldwide Magnetic Ink Character Recognition (MICR) Devices Industry is Projected to Reach $613.5 Million by 2027 - ResearchAndMarkets.com

Retrieved on: 
Tuesday, November 22, 2022

The "Magnetic Ink Character Recognition (MICR) Devices: Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Magnetic Ink Character Recognition (MICR) Devices: Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.
  • The global market for Magnetic Ink Character Recognition (MICR) Devices estimated at US$548.1 Million in the year 2020, is projected to reach a revised size of US$613.5 Million by 2027, growing at a CAGR of 1.6% over the analysis period 2020-2027.
  • Recognition Technology, one of the segments analyzed in the report, is projected to record 1.8% CAGR and reach US$435.4 Million by the end of the analysis period.
  • The U.S. Market is Estimated at $149.7 Million, While China is Forecast to Grow at 2.7% CAGR
    The Magnetic Ink Character Recognition (MICR) Devices market in the U.S. is estimated at US$149.7 Million in the year 2020.

New Major Update of the MICR Detection and Recognition Engine for the GdPicture.NET and DocuVieware SDKs

Retrieved on: 
Thursday, March 18, 2021

MURET, France, March 18, 2021 /PRNewswire-PRWeb/ -- MICR (Magnetic Ink Character Recognition) is a standard encoding technology in the Banking industry used mainly for cheques.

Key Points: 
  • MURET, France, March 18, 2021 /PRNewswire-PRWeb/ -- MICR (Magnetic Ink Character Recognition) is a standard encoding technology in the Banking industry used mainly for cheques.
  • ORPALIS developed a MICR recognition engine to detect and decode the MICR line from any structured document by analyzing the whole page layout.
  • The recognition engine is remarkably accurate with skewed, poorly contrasted, and hard to read documents.
  • The latest version of the component provides a 50% performance increase in full-page recognition rate, and the processing time has been divided by two.

DNSC Introduces the “Typhoon” C20590 MX, the World’s Lowest Cost 100 ppm Full-Color All-In-One MICR Inkjet System

Retrieved on: 
Wednesday, July 29, 2020

Diversified Nano Solutions Corporation (DNSC) is pleased to announce availability of the Typhoon C20590 MX MICR (Typhoon), the worlds lowest cost 100 ppm, cut sheet, All-In-One inkjet system for general purpose, checks, and security applications.

Key Points: 
  • Diversified Nano Solutions Corporation (DNSC) is pleased to announce availability of the Typhoon C20590 MX MICR (Typhoon), the worlds lowest cost 100 ppm, cut sheet, All-In-One inkjet system for general purpose, checks, and security applications.
  • The system combines highest performance in its class with exceptionally low cost of ownership.
  • The Typhoon C20590 MX ALL-IN-ONE MICR INKJET is ideally suited for productivity expansion and replacement of less efficient or outdated alternatives.
  • Typhoon maintenance and service is backed by a world leading inkjet system manufacturer, as well as third party/OEM service networks throughout the US.

TROY Group, Inc. and Konica Minolta Collaborate to Deliver Unique Production Print Solution for Anti-Tamper Payments

Retrieved on: 
Tuesday, June 16, 2020

Together, the TROY 6136P MICR AccurioPress leverages KM's long history of print innovation and introduces TROY's patented, MICR Toner Secure technology.

Key Points: 
  • Together, the TROY 6136P MICR AccurioPress leverages KM's long history of print innovation and introduces TROY's patented, MICR Toner Secure technology.
  • Finished payments are high quality and reliable for seamless bank clearing with the added benefit of anti-tamper protection TROY customers expect.
  • Introducing the concept of secure printing to the KM production print team, the companies worked closely to commercialize the TROY 6136P MICR AccurioPress.
  • The 6136P MICR includes custom MICR fonts (E-13B and CMC-7) designed specifically by TROY for this unique solution to ensure consistent MICR character quality.

Konica Minolta Launches AccurioPress 6136P MICR

Retrieved on: 
Thursday, May 21, 2020

(Konica Minolta), a leader in world-class printing technology, is pleased to introduce a new addition to its product line-up a MICR version of the AccurioPress 6136 giving the 6136P product line a MICR toner and developer that will have significant impact on the financial printing market.

Key Points: 
  • (Konica Minolta), a leader in world-class printing technology, is pleased to introduce a new addition to its product line-up a MICR version of the AccurioPress 6136 giving the 6136P product line a MICR toner and developer that will have significant impact on the financial printing market.
  • Konica Minolta partnered with TROY Group to help convert the AccurioPress 6136P to a MICR version, combining TROYs patented MICR Toner Secure with its own proprietary developer bead.
  • The AccurioPress 6136P MICR leverages Konica Minoltas long history of print innovation and introduces TROYs patented, MICR Toner Secure technology.
  • TROYs MICR Toner Secure, MICR developer and MICR fonts were designed specifically for use in the 6136P print engine to ensure consistent MICR quality and performance.

Rapid Refill Partners with TROY Group to Offer Secure Check and Document Printing Solutions

Retrieved on: 
Tuesday, May 5, 2020

BUFFALO, N.Y., May 5, 2020 /PRNewswire-PRWeb/ -- Rapid Refill, a total print solutions provider for consumers, businesses, educators, and community organizations, has partnered with TROY Group, a leader in anti-tamper check and document printing solutions.

Key Points: 
  • BUFFALO, N.Y., May 5, 2020 /PRNewswire-PRWeb/ -- Rapid Refill, a total print solutions provider for consumers, businesses, educators, and community organizations, has partnered with TROY Group, a leader in anti-tamper check and document printing solutions.
  • Alongside their office printing and professional services, Rapid Refill will now offer MICR check printing solutions and vital record printing solutions to reduce risks to fraud.
  • TROY's MICR check printing solutions reduce fraud risks by enabling full check output on blank check stock.
  • From everyday printing to leading imaging supplies, Rapid Refill is your neighborhood source for all of your print solutions.

Micron Solutions Secures $1.2 Million SBA Loan under Paycheck Protection Program Provision of CARES Act

Retrieved on: 
Friday, April 24, 2020

FITCHBURG, Mass., April 24, 2020 (GLOBE NEWSWIRE) -- Micron Solutions, Inc. (OTCQB: MICR) (the Company), a diversified contract manufacturing organization, through its wholly-owned subsidiary, Micron Products, Inc., producing highly-engineered, innovative components requiring precision machining, injection molding and assembly services, announced today it received a $1.2 million loan (the SBA Loan) under the Paycheck Protection Program contained in the Coronavirus Aid, Relief and Economic Security Act (CARES ACT).

Key Points: 
  • FITCHBURG, Mass., April 24, 2020 (GLOBE NEWSWIRE) -- Micron Solutions, Inc. (OTCQB: MICR) (the Company), a diversified contract manufacturing organization, through its wholly-owned subsidiary, Micron Products, Inc., producing highly-engineered, innovative components requiring precision machining, injection molding and assembly services, announced today it received a $1.2 million loan (the SBA Loan) under the Paycheck Protection Program contained in the Coronavirus Aid, Relief and Economic Security Act (CARES ACT).
  • The expeditious actions by the U.S. Small Business Administration implementing this loan program in response to the COVID-19 pandemic is tremendously helpful.
  • Wayne Coll, Microns Chief Financial officer said, Id like thank Rockland Trust for its timely communication, loan processing efficiency and round-the-clock customer service that resulted in Micron receiving its SBA Loan.
  • More information about the Company's financial results is included in the Company's most recent Annual Report on Form 10-K.

Software Development Platform for Source Technologies' Family of Self-Service Kiosks

Retrieved on: 
Friday, March 8, 2019

CHARLOTTE, N.C., March 8, 2019 /PRNewswire/ --Source Technologies, a leading hardware manufacturer, software developer, and integrator of kiosk solutions and MICR check printing systems, announced their new software development platform CoreConnectTM Foundation.

Key Points: 
  • CHARLOTTE, N.C., March 8, 2019 /PRNewswire/ --Source Technologies, a leading hardware manufacturer, software developer, and integrator of kiosk solutions and MICR check printing systems, announced their new software development platform CoreConnectTM Foundation.
  • CoreConnectTM Foundation is the gateway for financial services software providers, payments companies, and financial institutions to build unique self-service kiosk solutions.
  • CoreConnectTM Foundation provides Microsoft libraries and XFS (Extensions for Financial Services) to enable the rapid development of customer facing applications to Source Technologies' family of self-service kiosks.
  • Founded in 1986, Charlotte, NC-based Source Technologies' mission is to ensure collaborative success with customers who implement their evolutionary transactional and interactive self-service kiosks, industry-leading secure MICR check printers, and enterprise software.

Canon Announces imageFORMULA CR-L1 Compact Check Transport, Helping to Streamline Banking Processes

Retrieved on: 
Thursday, November 15, 2018

With high-quality image scanning, precise magnetic ink character recognition (MICR) accuracy and reliable item handling, the CR-L1 check transport can help distributed check processing.

Key Points: 
  • With high-quality image scanning, precise magnetic ink character recognition (MICR) accuracy and reliable item handling, the CR-L1 check transport can help distributed check processing.
  • The CR-L1 check transport is designed to streamline banking processes, as part of a robust electronic deposit management solution.
  • Compact in size, the small footprint of the CR-L1 check scanner is designed to fit areas with limited workspace.
  • Included with the CR-L1 check transport is a new driver installer that can run the new CR-L1 check transport, as well as the legacy Canon imageFORMULA CR-50 or CR-80 check transports.