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NIST proposes barring some of the most nonsensical password rules
(arstechnica.com)
This is a most excellent place for technology news and articles.
One of the four major banks in Australia used to (or maybe still does?) limit passwords to 6 characters. No more, no less. Exactly 6. They're case insensitive, too.
One of the other banks used to silently truncate passwords (to 12 characters if I remember correctly). They removed the truncation one day, and there were so many issues because people who had passwords longer than 12 characters couldn't log in unless they knew to only enter the first 12 characters of it. It was a mess. Their phone support had a recorded message saying to only enter the first 12 characters if you have trouble logging in.