3 ms·

Why is this such a common thing? Short answer I suspect is old systems with complicated dependencies.

• lwansbrough 8y ago
  Even so, you could hash the password somehow in order to produce the number, which then goes into that old system.
  • ska 8y ago
    There are always engineering solutions to such things, but I don't think most of the decisions are made in terms of "it's possible". There is always a risk/reward conversation, and a lot of conservatism in systems currently processing a large number of transaction and/or $ successfully. Perceived risk may or may not be analyzed correctly, mind.
    • mavhc 8y ago
      You'd think when they have all the money the risk would be really high
• tuzakey 8y ago
  In my experience with banks that did this it was to allow a mapping to 10digit keypads for bank by phone access. I haven't tried it recently, and they allow complex passwords now. When I noticed this several years ago I was able to log into my bank account via the website with the 10digit equivalent password. At least your bank balance is insured...