NEW YORK

New York is a state in the Mid-Atlantic and Northeastern regions of the United States, and is the country's third most populous state. The state is bordered by New Jersey, and Pennsylvania to the south, Connecticut, Massachusetts and Vermont to the east. The state has a water border with Rhode Island off the east coast of Long Island, as well as an international border with the Canadian provinces of Quebec and Ontario to the northwest. New York is often referred to as New York State to distinguish it from New York City.

New York City, which is the largest city in the United States, is known for its history as a gateway for immigration to the United States and its status as a financial, cultural, transportation, and manufacturing center. It was named after the 17th century Duke of York, James Stuart, future James II and VII of England and Scotland.

New York was inhabited by the Algonquin, Iroquois, and Lenape Native American groups at the time Dutch and French nationals moved into the region in the early 17th century. First claimed by Henry Hudson in 1609, the region came to have Dutch forts in Fort Orange, near the site of the present-day capital of Albany in 1614 and was colonized by the Dutch in 1624, at both Albany and Manhattan; it later fell to British annexation in 1664. About one third of all of the battles of the Revolutionary War took place in New York. New York became an independent state on July 9, 1776 and enacted its constitution in 1777. The state ratified the United States Constitution on July 26, 1788 to become the 11th state. According to the US Department of Commerce, it is also the state of choice for foreign visitors, leading both Florida and California in tourism.

New York covers 54,556 square miles (141,299 km²) and ranks as 27th largest state by size. The Great Appalachian Valley dominates eastern New York, while Lake Champlain is the chief northern feature of the valley, which also includes the Hudson River flowing southward to the Atlantic Ocean. The rugged Adirondack Mountains, with vast tracts of wilderness, lie west of the valley. Most of the southern part of the state is on the Allegheny plateau, which rises from the southeast to the Catskill Mountains. The western section of the state is drained by the Allegheny River and rivers of the Susquehanna and Delaware systems. The Delaware River Basin Compact, signed in 1961 by New York, New Jersey, Pennsylvania, Delaware, and the federal government, regulates the utilization of water of the Delaware system. The highest elevation in New York is Mount Marcy in the Adirondacks.

New York's borders touch (clockwise from the west) two Great Lakes (Erie and Ontario, which are connected by the Niagara River); the provinces of Ontario and Quebec in Canada; Lake Champlain; three New England states (Vermont, Massachusetts, and Connecticut); the Atlantic Ocean, and two Mid-Atlantic states (New Jersey and Pennsylvania). In addition, Rhode Island shares a water border with New York.

Contrasting with New York City's urban atmosphere, the vast majority of the state is dominated by farms, forests, rivers, mountains, and lakes. New York's Adirondack Park is the largest state park in the United States. It is larger than the Yellowstone, Yosemite, Grand Canyon, Glacier and Olympic National Parks combined. New York established the first state park in the United States at Niagara Falls in 1885. Niagara Falls, on the Niagara River as it flows from Lake Erie to Lake Ontario, is a popular attraction. The Hudson River begins with Lake Tear of the Clouds and flows south through the eastern part of the state without draining Lakes George or Champlain. Lake George empties at its north end into Lake Champlain, whose northern end extends into Canada, where it drains into the Richelieu and then the St. Lawrence Rivers. Four of New York City's five boroughs are on the three islands at the mouth of the Hudson River: Manhattan Island, Staten Island, and Brooklyn and Queens on Long Island.

"Upstate" and "Downstate" are common terms used to distinguish New York State counties north of suburban Westchester and Rockland counties, on the one hand, from the New York City metropolitan area on th other. Upstate New York typically includes the Catskill and Adirondack Mountains, the Shawangunk Ridge, the Finger Lakes and the Great Lakes in the west; and Lake Champlain, Lake George, and Oneida Lake in the northeast; and rivers such as the Delaware, Genesee, Mohawk, and Susquehanna. (A popular joke goes, "Where does Upstate begin?" "At the sign that says, 'Welcome to Yonkers'!") Central New York is the region centered around Syracuse and Utica, regions west of Syracuse are Western New York (i.e. Rochester and Buffalo), Binghamton, Elmira and west along the Pennsylvania line is the "Southern Tier," and "The North Country" is the region between the Adirondacks and the Canadian border, from the Watertown area to Plattsburgh. Residents of neighboring states and provinces may use the term "New York State" to refer to Upstate New York, to distinguish the region from New York City

THE LAST DAYS OF PRİVACY

Within the next four months, a major Bay Area supermarket chain plans to introduce a payment system that uses biometric fingerprint authentication to verify customers' identities. Under this system, shoppers in checkout lines won't need to use cash, checks, debit cards or credit cards. Instead, they can place their fingers on scanners that read fingerprints, and once the device links to their bank or credit card accounts, they can buy groceries, get cash back and do everything else shoppers do.


The system is already used in cities around the United States, including Portland, Ore., and Chicago, where one shopper says it has changed his life for the better. Linc Thelen, a 37-year-old interior designer, says the fingerprint system -- known commercially as Pay By Touch -- is convenient to use and expedites his way through grocery lines at Jewel-Osco, where he shops. Thelen says the system lets people leave their wallets behind, so they don't have to worry about being robbed or losing their credit cards.

"I had no reservation," Thelen said in a phone interview. "It's a safe way to store information."

But no system is 100 percent foolproof.

Despite the fact that armed men guard the computers that store the customers' virtual fingerprints, despite the fact that Bank of America's former security chief now heads Pay By Touch's security division, and despite the fact that Pay By Touch hires people to try to expose vulnerabilities in its computer system (so those vulnerabilities can be eliminated), Pay By Touch President John Morris acknowledges that "it's not impossible" for computer hackers to figure out how to tamper with its information.

And therein lies one of the 21st century's most vexing problems: More and more of our personal data are captured and stored by corporate and government interests, and are potentially available to anyone with the technological, legal or financial means to access that information.

Whether it's phone calls we make, library books we check out, CDs we buy on the Internet or divorces we finalize in court, we leave a trail of information that becomes susceptible to prying eyes. For the price of a bus pass, you can pay a company to supply anyone's address, phone number, political affiliation, estimated income and property history. For $20 more, you can find out if that person is married or divorced, has a criminal record, and what sort of jobs he or she has worked.

Sen. Hillary Clinton, D-N.Y., says she will introduce a "privacy bill of rights" because identity theft and security failures of personal records have become "one of the most important issues facing us as individuals and as a nation."

The availability of personal information -- downloadable onto laptop computers, which are increasingly being fitted with fingerprint technology -- is changing the culture in ways that may seem trivial but are really benchmarks for a new society already in its formative stages.

A small example: Unbeknownst to the men who date her, Judy runs background checks on all of them, using a private investigator to dig out any "red flags" that would presage troubling behavior. A businesswoman in Southern California, Judy, 50, uses a company called DateSmart, whose client base has boomed in the past five years as more people confront the perils of online dating.

"I'm glad the information is out there," says Judy, who did not want her last name used because of concerns her suitors would read this article. "The men I'm talking to online are complete strangers. And I have absolutely no knowledge of their character other than what they're saying in their profiles. I need to feel comfortable knowing that they're not an ax murderer. The people you meet might be well dressed, but you never know if they have any criminal history. It's for (my) safety."

Background checks are nothing new. What's changed are the speed with which you can obtain them, their relatively small price (some companies advertise free checks) and their growing public acceptance. The information revolution has transformed the background check into a common and casual tool, and those being scrutinized probably don't have a clue. More obvious are the security cameras embedded in nearly every major American city, including New York, Milwaukee, Chicago, Atlanta, Los Angeles and, yes, San Francisco, where lenses record people's activities in such crime-ridden neighborhoods as Bayview-Hunters Point and the Western Addition. The spread of these cameras is championed by authorities, who say it reduces criminal activity, and criticized by the ACLU, which says the equipment is an unnecessary intrusion into public spaces.

Civil liberties groups have joined the widespread outcry against the government's monitoring of Americans' phone-call records. Two weeks ago in federal court, the ACLU challenged the legal rationale behind the National Security Agency program, arguing that the NSA's actions -- involving "data mining" of records provided by AT&T and other telephone companies -- violate Americans' rights to free speech and privacy as guaranteed under the First and Fourth Amendments. Last week, privacy experts raised questions about the U.S. government's monitoring of international bank transfers -- previously secret data surveillance officials say is justified by the fight against terrorism.

Americans' rights to privacy will be tested even more in the next few years as biometric technology creeps increasingly into everyday arenas. For example, on the campus of UC San Diego, biometric experts are testing a soda machine that uses both fingerprint and face-recognition technology. The machine is in a lounge for grad students in UC San Diego's computer science building.

"The students are very excited about getting it working," Serge Belongie, a UC San Diego associate professor of computer science, says in a phone interview. "People think it's very cool. ... No one uses money. They have accounts. What would be fun is if (the machine) recognizes you and says, 'Would you like your usual?' "

If UC San Diego students are reluctant to use the machine, their privacy concerns are outweighed by convenience -- a sentiment echoed in survey after survey on biometric technology. In March, Unisys Corp. released a report on public perception of "identity management" that said convenience and efficiency were the two biggest reasons consumers would use biometric technology. (The most preferred biometric methods are fingerprints and voice recognition, according to the survey. The least preferred, because of its perceived intrusiveness, is an iris or eye scan.)

Two of the biggest turnoffs for those who shun biometric technology: suspicion of how the technology works and loss of privacy. Among respondents from North America, just 56 percent said they'd be willing to share their fingerprint with a government organization such as a post office or tax authority. Among respondents from the Asia-Pacific region, 71 percent said they'd share their fingerprint with the government.

"As consumer confidence grows in the large-scale usage of (biometric technology) and standards are more generally comfortably adopted, you're going to see a pretty rapid migration" to it, says Mark Cohn, Unisys vice president for homeland security solutions.

Cohn, a principal architect of the Department of Homeland Security's US-VISIT Exit system, which uses fingerprint technology to run background checks on visa applicants and verify their entry to and arrival from the United States, says Malaysia offers a preview of how the United States may change in the coming years.

Since 2001, the Malay government has issued a biometric "multipurpose card" to Malaysians 12 years and older. The card, which features a thumbprint and photograph, acts as a passport, driver's license, ATM card, toll and parking pass, and medical record that lists blood type and any allergies.

The card is convenient to use -- but it's a nightmare for Malaysians who lose it or have it stolen. Crime syndicates in Malaysia have altered cards with different photographs and used them to give members new identities, though the Malay government insists these identity thieves can't access the original cardholders' personal information. Special chip technology and other password features prevent this, they say. Also, the cardholder's fingerprint -- rather than being visible on the card -- is encrypted in the card itself: To reveal the fingerprint, the card must be inserted into a special biometric device that compares the encrypted print with that of the person claiming to be the cardholder.

For anyone who has read Orwell's "Nineteen Eighty-Four," where "telescreens" keep track of people's lives, this new biometric technology will seem like fiction come to life. It's showing up everywhere. By the end of this year, U.S. passport agencies hope to issue "electronic passports" with computer chips that have digital photos of the holders. With the help of face-recognition machines, airport security can compare a photo with the face of the passport holder. For two years, an American corporation, VeriChip, has sold government-approved electronic chips that are inserted under people's skin to give doctors instant access to patients' medical histories.

In 2008, as mandated by the Real ID Act, states plan to issue driver's licenses linked to a database that includes each license holder's photo and Social Security number. These licenses (civil liberties groups call them national identity cards) will likely include a biometric photo of the driver accessible by authorities.

In the meantime, banks are considering using iris scans and even palm scans at ATMs in an effort to cut down on fraud. (In 1999, Bank United in Texas adopted iris-scan technology at three of its ATMs in a test that was discontinued when Washington Mutual took over the bank.)

Some people love the new technology. Others shun it.

Pay By Touch admits it has encountered some resistance among shoppers it approached in supermarkets that already use the company's fingerprint service. But Morris, its president, says many of these customers are quickly won over by the convenience of Pay By Touch, which is free for consumers, and that the company keeps data points based on users' fingerprints, not actual fingerprints. So far, supermarkets in 40 states use the Pay By Touch system.

Pay By Touch, which is based in San Francisco, wouldn't say which Bay Area supermarket chain will start using its fingerprint system in the next four months -- only that the chain will use the system in just a handful of its Bay Area stores. Pay By Touch users sign up voluntarily and are under no obligation to use it at the checkout line.

Pay By Touch says it takes great care to safeguard its users' data. After fingerprints are converted into algorithms, they're encrypted, then stored in IBM computers. Those algorithms can't be reconverted into an exact copy of the fingerprint, though Pay By Touch may eventually store users' actual fingerprints if the technology improves, Morris says. The company insists it will never sell users' personal information or fingerprints to anyone else -- a pledge that's backed up in writing when users sign up with the company. But what if federal authorities, citing national security, insist on the finger scan and payment history of a Pay By Touch user?

Pam Dixon, who heads the World Privacy Forum, a public research group, went to Chicago to warn potential Pay By Touch users about possible dangers.

"It didn't stick," she says. "People were (more) concerned with (convenience than) the potential risks. People can put their thumb on a pad and be done with it. But meanwhile, their biometric data is sitting with another company, a third party, that's subject to subpoena. One argument that I made: Let's say that every supermarket in the country, particularly the large chains, (use) a biometric payment system. It's a law enforcement dream because who needs a biometric database run by the U.S. government when you've got one being run by private companies?"

Citing the recent disclosure by the Veterans Administration, which said a computer with credit information on millions of veterans had been stolen, Dixon says, "The second issue is information security. If the VA can't keep its records secure, which is a government agency that has all sorts of strict controls that are supposed to be in place, how on Earth can a private company without the resources of something like the VA manage to keep something secure? When we have a credit card stolen, we can call the credit card company and say, 'Give me a new number.' But you can't do that with your biometric. You can't say, 'Give me a new fingerprint.' "

Morris dismisses such concerns, saying that Pay By Touch will actually decrease the likelihood that consumers' credit information is stolen or misappropriated. "I think (Pay By Touch users) get pretty rapidly that it's the ultimate way to secure their private data," he says. "It connects (their accounts) to something that's uniquely them, as opposed to handing a credit card over to a stranger or writing a personal check that seven or eight humans touch before it gets in their statement. Securing information by a biometric is a giant leap forward. (Users) like that they don't have to pull their card out anymore. They (tell us they) like that they don't have to carry their (purses or wallets) through the parking lot of an urban supermarket. There's a physical security benefit. Their numbers are never displayed. The safety of securing their data is the No. 1 thing they like."

The marketplace will determine whether the public is ready to accept commercial fingerprint identification. Investors in Pay By Touch believe that day is here, capitalizing the company with $190 million in the past 12 months. More than 2.5 million shoppers already use the Pay By Touch system. Morris envisions a day when all stores -- even mom-and-pop ones -- offer a Pay By Touch option.

Soon, customers will be able to use Pay By Touch from home with the help of fingerprint readers attached to their computers. In ancient China, rulers would put their fingerprints on documents to give them an official seal. Artists would also mark their work with prints. It wasn't until the late 1800s that authorities realized they could use fingerprints to catch criminals. Their evolution as a way to pay for groceries is a 21st century twist fueled by technology. It's also a trade-off between privacy and convenience. Welcome to the brave new world in Aisle 5.

Hyde Park

Hyde Park is one of the largest parks in central London, England and one of the Royal Parks of London, famous for its Speakers' Corner.

The park is divided in two by the Serpentine. The park is contiguous with Kensington Gardens; although often still assumed to be part of Hyde Park, Kensington Gardens has been technically separate since 1728, when Queen Caroline made a division between the two. Hyde Park is 350 acres (140 hectare/1.4 km²) and Kensington Gardens is 275 acres (110 ha/1.1 km²) giving an overall area of 625 acres (250 ha/2.5 km²), making this park larger than the Principality of Monaco (1.96 square kilometres or 485 acres), but still smaller than New York City's Central Park (3.41 square kilometres or 843 acres). To the southeast (but outside of the park) is Hyde Park Corner. Although, during daylight, the two parks merge seamlessly into each other, Kensington Gardens closes at dusk but Hyde Park remains open throughout the year from 5 am until midnight.

The park was the site of The Great Exhibition of 1851, for which the Crystal Palace was designed by Joseph Paxton.

The park has become a traditional location for mass demonstrations. The Chartists, the Reform League, the Suffragettes and the Stop The War Coalition have all held protests in the park. Many protestors on the Liberty and Livelihood March in 2002 started their march from Hyde Park.

On 20 July 1982 in the Hyde Park and Regents Park bombings, two bombs linked to the Provisional Irish Republican Army caused the death of eight members of the Household Cavalry and the Royal Green Jackets and seven horses.




History
In 1536 Henry VIII acquired the manor of Hyde from the canons of Westminster Abbey, who had held it since before the Norman Conquest; it was enclosed as a deer park and used for hunts. It remained a private hunting ground until James I permitted limited access to gentlefolk, appointing a ranger to take charge. Charles I created the Ring (north of the present Serpentine boathouses) and in 1637 he opened the park to the general public.

In 1689, when William III moved his habitation to Kensington Palace on the far side of Hyde Park, he had a drive laid out across its south edge, formerly known as "The King's Private Road", which still exists as a wide straight gravelled carriage track leading west from Hyde Park Corner across the south boundary of Hyde Park to St. James's Palace. The drive is now known as Rotten Row, possibly a corruption of rotteran (to muster), Ratten Row (roundabout way), Route du roi or rotten (the soft material with which the road is covered). Public transportation that was entering London from the west paralleled the King's private road along Kensington Gore, just outside the park.


The first coherent landscaping was undertaken by Charles Bridgeman for Queen Caroline; under the supervision of Charles Withers, Surveyor-General of Woods and Forest, who took some credit for it, it was completed in 1733 at a cost to the public purse of ₤20,000. Bridgeman's piece of water called The Serpentine, formed by damming the little Westbourne that flowed through the park was not truly in the Serpentine "line of beauty" that William Hogarth described, but merely irregular on a modest curve. The 2nd Viscount Weymouth was made Ranger of Hyde Park in 1739 and shortly began digging the s Serpentine lakes at Longleat. The Serpentine is divided from the Long Water by a bridge designed by George Rennie (1826).

One of the most important events to take place in the park was the Great Exhibition of 1851. The Crystal Palace was constructed on the south side of the park. The public in general did not want the building to remain in the park after the closure of the exhibition, and the design architect, Joseph Paxton, raised funds and purchased it. He had it moved to Sydenham Hill in South London.

ULTRASOUND

Ultrasound, human ear can not hear high frequency sound waves is the name given to. Öteses, ultrasound suggested names for these concepts are.

Sound energy türüdür.Ses, occurs as a result of vibration of objects. X - ray electromagnetic radiation of sound is not unlike. Is an acoustic wave ultrasound. (In other words, the gas, liquid or solid medium is a wave in the mechanics). An environment of sound to be transmitted (article) is required. Of sound from one location to another location dissemination is the energy transport. The spread of the sound wave speed, depends on the density of media.

Sound waves are separated 3.

Infrasound (ultrasonic); frequency is 20 hertz or lower volume.
Audible sound frequency is between 20-20 000 hertz is the audible sound.
Ultrasound; 20 to 000 hertz (2 - 15 MHz) is the frequency of sound that can not be heard.

Wave length and speed
Ultrasonic frequency sound speed is fixed at a certain speed = frequency x wavelength, the equation by increasing the frequency of the sound wavelength is shorter. The relationship is inversely proportional to the soft tissue out of the audio frequency to 1.5 MHz Mhzden 3 wavelength of 0.5 mm to 1mm or drops. Volume Watt / cm ² are measured in units. Practice is measured by volume Bel (1B = 10 dB). Article Density Sound Speed (m / s) 1.85 3360 Nov 1.06 1570 Bone Air 0,001 330 Oil 0.93 1480 due to the blood based on echo 1.0 1560 X-ray utrasonografi, is different from tomography and magnetic resonance. Ultrasound between different acoustic density between the surface of soft tissue structures can be separated. Intensity of the reflected acoustic echo between the surface and the shock of the sound beam angle is optional. Angle of incidence of the sound beam is how close to right angles to the less sound is reflected. More than three degrees from the vertical angle deviation is reflected in the sensor, the sensor can not capture sound.

Ultrasound of the abdominal organs and soft tissues in a good while, such as lung and gastrointestinal tract can not be transported in air-containing organs. also do not have a bone ultrasound, bone around the organs in the environment can not be examined by ultrasound. Absorption Ultarsound wave intensity, with dissolution refleksiyon and decreases. Increase the frequency of ultrasound waves with tissue absorbsiyonu increases. Ultrasound beam with a certain acoustic properties of a tissue with different acoustic properties of a tissue section to reflect a beam when it is sound. Angle is usually equal to the angle Refleksiyon come. Reflection of sound waves beam larger than the neck requires a flat and level. For example diyafragma, vascular walls and the surface of these features are the boundaries of many organs. Ultrasonic sound technology to benefit.
• Human and animal location and size of the diseased area is determined.
• Object is the disinfection.
• thickness of the pipe is determined whether or cracks.
. Ultrasonic sound that can be removed and Yarasalar
• Through use of sound reflections can find the direction and hunting are

KYC COMPLİANCE

Know Your Customer (KYC) compliance regulation has proved to be one of the biggest operational challenges banks, accountants, lawyers and similar financial service providers worldwide have had to overcome.

World-Check, the industry standard KYC compliance solution, provides an overview of KYC compliance and its origins, and outlines the compliance mandate as applicable to banks, accounting firms, lawyers and other regulated financial service providers – not just in the UK, Europe and the USA, but all around the world. Relied upon by more than 3,000 institutions worldwide, this KYC database solution provides effective legal and reputational risk reduction.

Why “Know Your Customer?”

The 9/11 terrorist attacks on the World Trade Centre revealed that there were sinister forces at work around the world, and that terrorists activities were being funded with laundered money, the proceeds of illicit activities such as narcotics and human trafficking, fraud and organised crime. Overnight, the combating of terrorist financing became a priority on the international agenda.

For the financial services provider of the 21st century, “knowing your customers” was no longer a suggested course of action. Based on the requirements of legislative landmarks such as the USA PATRIOT Act 2002, modern Know Your Customer (KYC) compliance mandates were created to simultaneously combat money laundering and the funding of terrorist activities.

What is Know Your Customer (KYC)?

Know Your Customer, or KYC, refers to the regulatory compliance mandate imposed on financial service providers to implement a Customer Identification Programme and perform due diligence checks before doing business with a person or entity.

KYC fulfils a risk mitigation function, and one its key requirements is checking that a prospective customer is not listed on any government lists for wanted money launders, known fraudsters or terrorists.

If preliminary KYC checks reveal that the person is a Politically Exposed Person (PEP), for example, Advanced Due Diligence must be done in order to ensure that the person’s source of wealth is transparent, and that he or she does not pose a reputational or financial risk in terms of their finances, public positions or associations. Beyond customer identification checks, the ongoing monitoring of transfers and financial transactions against a range of risk variables forms an integral part of the KYC compliance mandate.

But to understand the importance of KYC compliance for financial service providers better, its origins need to be examined.

Origins of Know Your Customer (KYC) compliance

The arrival of the new millennium was marred by a spate of terrorist attacks and corporate scandals that unmasked the darker features of globalisation. These events highlighted the role of money laundering in cross-border crime and terrorism, and underlined the need to clamp down on the exploitation of financial systems worldwide.

Know Your Customer (KYC) legislation was principally not absent prior to 9/11. Regulated financial service providers for a long time have been required to conduct due diligence and customer identification checks in order to mitigate their own operation risks, and to ensure a consistent and acceptable level of service.

In essence, the USA PATRIOT Act was not so much a radical departure from prior legislation as it was a firmer and more extensive articulation of existing laws. The Act would lead to the more rigorous regulation of a greater range of financial services providers, and expanded the authority of American law enforcement agencies in the fighting of terrorism, both in the USA and abroad.

In October 2001, President George W. Bush signed off the USA PATRIOT Act, effectively providing federal regulators with a new range of tools and powers for fighting terror financing and money laundering. During July 2002, the US Treasury proceeded to introduce Section 326 of the PATRIOT Act, a clause that removed some key burdens for regulators and added significant enforcement muscle to the Act.

What 9/11 changed, in essence, was the extent to which existing legislation was being implemented. Using the provisions of the earlier anti-terrorism USA Act as a foundation, it included the Financial Anti-Terrorism Act, which allowed for federal jurisdiction over foreign money launders and money laundered through foreign banks. Significantly, it is this anti-terror law that would make the creation of an Anti Money Laundering (AML) programme compulsory for all financial institutions and service providers.

Section 326 of the USA PATRIOT Act dealt specifically with the identification of new customers (“CIP regulation”), and made extensive provisions in terms of KYC and the methods employed to verify client identities.

In accordance with this piece of updated KYC legislation, federal regulators would hold financial institutions accountable for the effectiveness of their initial customer identification and ongoing KYC screening. Institutions are required to keep detailed records of the steps that were taken to verify prospective clients’ identities.

Although current KYC legislation does not yet demand the exclusion of specific types of foreign-issued identification, it recommends the usage of machine-verifiable identity documents. The ability to notify financial institutions if concerns regarding specific types of identification were to arise, combined with a risk-based approach to KYC, proved to provide a robust mechanism for addressing security concerns.

Effectively, the risk-based approach to customer due diligence grants regulated institutions a certain degree of flexibility to determine the forms of identification they will accept, and under which conditions.

KYC compliance: Implications for banks, lawyers and accounting firms

The KYC compliance mandate, for all its positive outcomes, has burdened companies and organisations with a substantial administrative obligation. Additionally, KYC compliance increasingly entails the creation of auditable proof of due diligence activities, in addition to the need for customer identification.
With the ever-increasing emphasis on being able to demonstrate adequate anti money laundering procedures and prevention techniques, plus the draconian penalties for those failing to maintain suitable evidence of such activity, no financial institution can afford to be without an automated system such as MLTrac.

MLTrac is part of our portfolio of banking software and is dedicated to identifying, tracking and regulating potentially suspicious or illegal activities in respect of money laundering and/or the proceeds of crime.

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MLTrac enables financial institutions to improve their internal disciplines,supplement their policies and procedures, and make a clear statement to the authorities about their commitment to effective anti money laundering controls.

MLTrac's functionality is based upon a combination of our experience, together with contributions from our customer base and the relevant international financial authorities. Regular updates also take account of any future changes in market requirements and legislation.

Functions:


KYC Document Management - The definition, scanning, management and tracking of customer documentation, and reporting of any deviations.
KYC Account Monitoring -The tracking of movements over account(s) looking for deviations outside of a pre-determined profile.
Manual Watch List Checking. Enter a name and the system will check to see if the name, or like sounding names, appear on any of the watch lists (e.g. OFAC, Bank of England and others) that the system monitors
Message Monitoring. MLTrac can be configured to check all inbound and outbound messages, irrespective of format, to see whether any field (normally the Ordering Customer and Beneficiary) appears on one of the supported checklists. The bank has control over the granularity of the name checking so as not to create too many false alerts. Messages that fail Watch List Checking are put to a quarantine queue for manual intervention. Full Audit Trails of all checks and actions taken is maintained by the system.
Cash Remittances. For the many institutions that originate from a country with a large overseas population the problems associated with accepting cash for remittance back home when taken against the potential ramifications of anti money laundering legislation means that the business is very risky and, often, not worth doing. The Cash Remittances module does away with this fear. Information concerning the remitter is maintained as part of the KYC Documentation Management module and is displayed and made available to the teller at the point of capturing data. A full record off all remitters and beneficiaries is maintained. Limits can be placed upon the individual remitter and upon the ultimate beneficiary (irrespective of source). The resulting SQL database can be interrogated for unusual payment patterns

SHADYSİDE INN SUİTES

Shadyside Inn Suites is different. Your idea of staying in a hotel is about to change. Our suites are not typical hotel rooms. In fact we do not have rooms; we only offer suites. Why are we different? Your suite is a fully furnished apartment with the same amenities as a hotel located in a residential neighborhood. It’s not just any neighborhood, it's Shadyside, Pittsburgh’s most quaint, trendy, and upscale urban area. Picture Boston’s Newberry Street, or New York’s East Village and you will get an idea of what the Shadyside area is like.

Imagine having your own apartment in the best location in Pittsburgh for as little as a day or for as long as a lifetime. Shadyside Inn Suites is as flexible as you need. Only going to be here for a night? Why not have your own fully equipped apartment? Need somewhere to stay for a month while your house is renovated? Shadyside Inn Suites is your answer. Looking to attend the University for only nine months? Shadyside Inn Suites can accommodate. Think this is going to cost you more than a hotel? Not even close. Our rates are lower, our suites are double the size of any hotel in the area, our parking is free, and our location is unrivaled.

Our suites are located within a block or two of some of the best dining, entertainment, and shopping in Pittsburgh. At your door are 135+ shops, 15+ restaurants and some of the best nightlife in the area. Shop in small boutiques, visit your favorite national store, and dine on cuisines from all over the world. Shadyside living is unmatched.

Stay in Shadyside and still be approximately 4 miles from Downtown Pittsburgh and the Convention Center and less than 1 mile from the following hospitals: Presbyterian, Montefiore, Magee Women's, Falk Clinic, West Penn, Children's, Shadyside Hospital, and Western Psychiatric

Within 1 mile of the Shadyside Inn Suites is The Carnegie Museum of Art, The Museum of Natural History, The University of Pittsburgh, Carnegie Mellon University Chatham College, and Carlow College.

Besides coming for a visit, the best way to learn about our story is read what other people have said about us. Please click on the following links to read what the professionals have to say.