Alice - The archetypical personification of entity A in information security.
Bob - The archetypical personification of entity B in information security.
BIN - Bank Identification Number - typically the first 6 digits of a PAN (i.e. of a payment card number). BIN extension (i.e. more than six digits) and BIN ranges (i.e. sub categories under BIN) may also be used to group card products at the issuer (card issuing bank).
CVM - Cardholder Validation Method. Often a POS terminal at the merchant will prompt the merchant and or cardholder for additional entry or action. Typically these include requesting the cardholder to present a PIN, a ZIP code (mainly in the US), produce a signature (which the merchant clerk can validate by comparing to the back of the card) or even in some case: no CVM.
EFT - Electronic Financial Transaction. Typical banking jargon.
Eve - The archetypical personification of entity E in information security. Eve was chosen from eavesdropper, and may carry malicious intent.
IVR - interactive voice response (system) - typically used to describe an automated phone system. More info on Wikipedia.
KYC - Know Your Customer. KYC is a requirement for any bank in the developed world. Storing of any PII information and documentation must be done using care and encryption.
PAN - Primary Account Number
PII - Personally Identifiable Information. A term used to classify information which relates to a person or their payment cards.