In the early 1960s, Scottish engineer James Goodfellow was given a problem to solve. A colleague had invented a way to insert a card into a machine and get money out. Goodfellow’s task was to figure out a way to ensure that only the card’s legitimate owner could use these new “ATM” machines to obtain cash. So he created the personal identification number, what we call… Read More...
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The Payments World Really Wants To Know Who You Are
techcrunch.com