def METHOD_NAME(self, param, reset_failcount=True):
    """
    update - process initialization parameters
    :param param: dict of initialization parameters
    :type param: dict
    :return: nothing
    """
    if "otpkey" not in param:
        raise ParameterError("Missing parameter: 'otpkey'")
    # motp token specific
    try:
        otpPin = param["otppin"]
    except KeyError:
        raise ParameterError("Missing parameter: 'otppin'")
    self.setUserPin(otpPin)
    HmacTokenClass.METHOD_NAME(self, param, reset_failcount)
    return