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Possible Answers:
IDEAL.
Last seen on: NY Times Crossword 7 Feb 23, Tuesday
Random information on the term “Optimal”:
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Richard Ernest Bellman (August 26, 1920 – March 19, 1984) was an American applied mathematician, who introduced dynamic programming in 1953, and made important contributions in other fields of mathematics, such as biomathematics. He founded the leading biomathematical journal Mathematical Biosciences.
Bellman was born in 1920 in New York City to non-practising Jewish parents of Polish and Russian descent, Pearl (née Saffian) and John James Bellman, who ran a small grocery store on Bergen Street near Prospect Park, Brooklyn. On his religious views, he was an atheist. He attended Abraham Lincoln High School, Brooklyn in 1937, and studied mathematics at Brooklyn College where he earned a BA in 1941. He later earned an MA from the University of Wisconsin. During World War II he worked for a Theoretical Physics Division group in Los Alamos. In 1946 he received his Ph.D at Princeton under the supervision of Solomon Lefschetz. Beginning 1949 Bellman worked for many years at RAND corporation and it was during this time that he developed dynamic programming.
Random information on the term “IDEAL”:
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A payment service provider (PSP) is a third-party company that assists businesses to accept electronic payments, such as credit cards and debit cards payments. PSPs act as intermediaries between those who make payments, i.e. consumers, and those who accept them, i.e. retailers.
PSPs establish technical connections with acquiring banks and card networks, enabling merchants to accept different payment methods without the need to partner with a particular bank. They fully manage payment processing and external network relationships, making the merchant less dependent on banking institutions.
PSP can also offer risk management services for card and bank based payments, transaction payment matching, reporting, fund remittance and fraud protection. Some PSPs provide services to process other next generation methods (payment systems) including cash payments, wallets, prepaid cards or vouchers, and even paper or e-check processing.[citation needed]