On this day in computer history, January 29, 1957: SRI and GE Meet - TopicsExpress

On this day in computer history, January 29, 1957: SRI and GE Meet to Choose a Place for ERMAs MICR Encoding ERMA (Electronic Recording Machine - Accounting), developed by SRI and General Electric for the Bank of America in California, employed Magnetic Ink Character Recognition (MICR) as a tool that captures data from checks. IBM was making a strong case to place the encoding at the top of a check. SRI and GE conducted a series of tests that clearly demonstrated the advantage of the bottom-of-the-check encoding. computerhistory.org/tdih/

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