Secure MICR Printing vs. Mono Laser Printing with MICR Toner
Why do I need a secure MICR printer?
- According to Ernst & Young more than 500 million checks are forged annually, with losses totaling more than $10 billion.
- The U.S. Dept. of Justice states that losses due to document fraud & counterfeiting (checks, embezzlement, identify theft and brand piracy included) exceed $400 billion annually.
- A survey of businesses in 32 countries shows that a startling 84% of the world's worst reported frauds were committed by company employees and that over 60% of worldwide fraud was committed by management. - Ernst & Young.
What is the difference between a secure MICR printer and a regular laser printer with MICR toner installed?
By simply installing a MICR toner cartridge into a laser printer, all of these security features will be forfeited, thus leaving the customer vulnerable to the very expensive risk of check fraud.
| Secure Numeric Font | Unique ST-designed font that is very difficult to alter because of a special background and very small text & numeric print embedded in the amount line of the check |
| Microprint Font | Extremely small type font allows one to embed micro text and numbers inside lines of print on the MICR document. Denoted by the letters "MP" |
| Bi-directional feedback | Alerts the user to any MICR problems through their application - allows the user to query the printer regarding MICR settings through their application. |
| Set copies to one (1) | A PCL setting that tells the printer to print the job only once - prevents fraud by disallowing the printing of multiple copies of a check. |
| Auto Jam Recovery Disable | Automatically turns Jam recovery OFF when checks are being printed - prevents multiple copies of a check from being printed. |
| Password Protection | Prevents access to check-printing resources (stored signatures, MICR fonts, form overlays) without the proper password. |
| MICR Toner Detection | Detects whether MICR toner or regular toner is installed in the printer to prevent printing negotiable documents with regular toner- prevents costly bank rejects. |
| Toner Low Warnings | Printer alerts user when MICR toner is low - prevents printing errors. |
| DES Encryption / Decryption | Option encrypts the print datastream, protecting it while it is being transmitted to the printer. One of the highest levels of security available - the printer decrypts the code prior to printing. |
| Audit Trail | Creates user-defined reports of check printing activity for audit purposes. |
| Quality features |
• MICR Guarantee to ANSI/ABA Standards • Auto Density Control for Toner • Originally-Manufactured MICR Toner Cartridge • Regulated Fuser Temperature for Optimum Performance |