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The ERMA logo. ERMA (Electronic Recording Machine, Accounting) was a computer technology that automated bank bookkeeping and check processing.Developed at the nonprofit research institution SRI International under contract from Bank of America, the project began in 1950 and was publicly revealed in September 1955.
The machine is made up of several modules, each performing specific task. At the far left of the machine is the control unit. Sort control programs, character recognition and host connection are handled by an IBM PC server in the control unit (3890/XP). Early A-F models used an IBM System/360 Model 25 processor with magnetic core memory. It ...
CPCS is run on IBM System/360 and later IBM mainframe computers and receives the data from the document processor and can store information from the cheques, including the bank number, branch number, account number and the amount the check was written for, as well as internal transaction codes. [11] IBM withdrew CPCS from marketing on Nov 29 ...
ABA adopted MICR as its standard because machines could read MICR accurately, and MICR could be printed using existing technology. In addition, MICR remained machine readable, even through overstamping, marking, mutilation and more. The first cheques using MICR were printed by the end of 1959.
Products, services, and subsidiaries have been offered from International Business Machines (IBM) Corporation and its predecessor corporations since the 1890s. [1] This list comprises those offerings and is eclectic; it includes, for example, the AN/FSQ-7, which was not a product in the sense of offered for sale, but was a product in the sense of manufactured—produced by the labor of IBM.
The IBM 1287 is an online reader that can optically scan printed paper tapes and cut form documents to generate input data for an IBM System/360 or System/370 host. It can read machine printed data as well as handprinted numbers and optical marks (based on installed model and features).
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