LEADTOOLS Magnetic Ink Character Recognition (MICR) SDK Becomes the Go-to Solution for Check Recognition

Charlotte, NC, July 15, 2015 (Newswire.com) - ​​LEAD Technologies, Inc. a leading provider of imaging software development toolkits  has attracted the attention of various companies that process and/or interact with documents and images containing MICR codes with the release of LEADTOOLS Version 19.

Earlier this year, LEADTOOLS Version 19 was released with major optimizations to its OCR and MICR engines.  Each of these technologies extracts text information from images or documents including TIFF, JPEG, PNG and PDF.  Additionally, a new Check Processing algorithm was developed to combine both of these engines into a programmer-friendly interface for finding the important check fields such as the date, name, amount, signature, bank account and routing number.

Developers are working with our demos and experiencing first-hand how easy LEADTOOLS makes adding MICR support to their application

Greg Kieslich, Technical Sales Manager

"Inquiries related to MICR support have increased significantly this year," said Greg Kieslich, Technical Sales Manager at LEAD Technologies.  "Developers are working with our demos and experiencing first-hand how easy LEADTOOLS makes adding MICR support to their application.  The release of LEADTOOLS V19 was heavily focused on optimizing OCR accuracy and speed.  Positive test results and customer feedback have shown that LEAD's engineers were successful in meeting this goal."

On top of the optimized recognition engines and check processing SDK, many of these companies were particularly interested in putting this technology to use within mobile devices and tablets running on iOS, Android and Windows.  A new image pre-processing function, Perspective Deskew, was introduced in Version 19 to automatically correct three-dimensional skewing common on images captured from mobile devices.  This advanced algorithm sealed the deal for several companies and is continuing to be a strong selling point for the LEADTOOLS Document Imaging family of products.  ​

"With the recent signing of a six-figure, multi-year mobile deployment license with a well-known e-commerce retailer and multiple contracts under final review," continued Kieslich.  "I am confident MICR recognition will continue to be a prominent component of financial/payment focused apps."

For more information regarding LEADTOOLS MICR SDK, please visit https://www.leadtools.com/sdk/ocr/micr.htm.

About LEAD Technologies
With a rich history of nearly 25 years, LEAD has established itself as the world's leading provider of software development toolkits for document, medical, multimedia, raster and vector imaging.  LEAD's flagship product, LEADTOOLS, holds the top position in every major country throughout the world and boasts a healthy, diverse customer base and strong list of corporate partners including some of the largest and most influential organizations from around the globe.  For more information, contact [email protected] or [email protected].