Alley sight

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PIN.

Last seen on: NY Times Crossword 9 Apr 20, Thursday

Random information on the term “PIN”:

A personal identification number (PIN), or sometimes redundantly a PIN number, is a numeric or alpha-numeric password used in the process of authenticating a user accessing a system.

The personal identification number has been the key to flourishing the exchange of private data between different data-processing centers in computer networks for financial institutions, governments, and enterprises. PINs may be used to authenticate banking systems with cardholders, governments with citizens, enterprises with employees, and computers with users, among other uses.

In common usage, PINs are used in ATM or POS transactions, secure access control (e.g. computer access, door access, car access), internet transactions or to log into a restricted website.

The PIN originated with the introduction of the automated teller machine (ATM) in 1967, as an efficient way for banks to dispense cash to their customers. The first ATM system was that of Barclays in London, in 1967; it accepted cheques with machine-readable encoding, rather than cards, and matched the PIN to the cheque. 1972, Lloyds Bank issued the first bank card to feature an information-encoding magnetic strip, using a PIN for security. James Goodfellow, the inventor who patented the first personal identification number, was awarded an OBE in the 2006 Queen’s Birthday Honours.

PIN on Wikipedia