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A check verification service provides businesses or individuals with either the ability to check the validity of the actual check or draft being presented, or the ability to verify the history of the account holder, or both.
Announced by IBM in July 1949, the IBM 802 is a proofing machine that could sort, list, prove and endorse checks and sort them into 24 pockets. It was withdrawn on June 28, 1965. IBM 803. Announced by IBM in July 1949, the IBM 803 is a proofing machine that could sort, list, prove and endorse checks and sort them into 32 pockets.
Verification and validation (also abbreviated as V&V) are independent procedures that are used together for checking that a product, service, or system meets requirements and specifications and that it fulfills its intended purpose.
ChexSystems is an American check verification service and consumer reporting agency owned by the eFunds subsidiary of Fidelity National Information Services. It provides information about the use of deposit accounts by consumers.
Magnetic ink character recognition code, known in short as MICR code, is a character recognition technology used mainly by the banking industry to streamline the processing and clearance of cheques and other documents. MICR encoding, called the MICR line, is at the bottom of cheques and other vouchers and typically includes the document-type ...
A checkweigher is an automatic or manual machine for checking the weight of packaged commodities. It is normally found at the offgoing end of a production process and is used to ensure that the weight of a pack of the commodity is within specified limits.
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