The first six digits, including the major industry identifier, compose the issuer identifier number (IIN) which identifies the issuing organization. The IINS was previously called the "bank identification number" (BIN) and some places still use that term.
Read more about this topic: ISO/IEC 7812
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“Computers are good at swift, accurate computation and at storing great masses of information. The brain, on the other hand, is not as efficient a number cruncher and its memory is often highly fallible; a basic inexactness is built into its design. The brain’s strong point is its flexibility. It is unsurpassed at making shrewd guesses and at grasping the total meaning of information presented to it.”
—Jeremy Campbell (b. 1931)