The goodsbank identification number · IIN

BIN

The first six to eight digits of a payment card, identifying the issuing bank, the country and the card product. Not stolen data in itself, but the index the trade is organised around: cards are advertised, sorted and priced by BIN.

Why it matters to you

A BIN tells a fraudster which of your controls they are about to meet, because issuer, country and product predict how a transaction will be authorised. A sudden concentration of attempts on a narrow BIN range is somebody testing one issuer's behaviour, and it usually precedes the volume rather than accompanying it.

Where we meet it

Lists circulate recommending which BINs work against which merchants, and they are maintained. That maintenance is the useful signal: a BIN appearing on a fresh list says something has recently changed about how that issuer decides.

Where this term stops being vocabulary

Dragnet is where you watch it happen to you

Knowing the word is the cheap half. The platform is the half where the term arrives attached to your domain, with a timestamp and the source it came from.