NJIT Newsroom tagged with "e-mon" Updates about what's happening on and around the NJIT campus. http://www.njit.edu/news en-us 2014 New Jersey Institute of Technology http://www.njit.edu/uicomponents/images/sub_logo.gif New Jersey Institute of Technology http://www.njit.edu 60 Arthur E. Hahn, Formerly of Edison and Matawan, Receives NJIT Alumni Achievement Award for Creating Coded Magnetic Strips Used in Credit Cards http://www.njit.edu/news/2010/2010-220.php http://www.njit.edu/news/2010/2010-220.phpWed, 16 Jun 2010 00:00:00 -0400 It happens many millions of times each day around the world ― the coded magnetic strip on a plastic credit card is automatically read to complete a purchase. The same technology makes it possible to use an ATM and to pay for riding on a subway or bus with a paper fare card. And it's all thanks to the role played by NJIT alum Arthur Hahn, formerly of Matawan and Edison, in the introduction of this indispensable innovation.  For this body of work, Hahn received on May 22, 2010, the NJIT Alumni Achievement Award.   Hahn now lives in San Diego.

Tagged: alumni, awards, honors, alumni achievement award, alumni relations