METHOD FOR FRAUD DETECTION USING MULTIPLE SCAN TECHNOLOGIES

摘要

A method is disclosed for detecting fraud. The method optically recognizes a character imprinted with a magnetic ink on a medium using a first optical character recognition algorithm. The method also optically recognizes the character using a second optical character recognition algorithm. In addition, the method magnetically recognizes the character using a magnetic recognition algorithm. The method determines if the character is potentially fraudulent based on the recognition results of the scan using the first optical character recognition algorithm, the scan using the second optical character recognition algorithm, and the magnetic scan. If the character is potentially fraudulent, the method communicates a fraud indicator.