Technology
KYT Limitations and their Fight Against Financial Crimes

Where the local and global regulatory authorities found it necessary to formulate the Know Your Customer regulations for the business sector’s prevention against fraud, they observed the need for a stronger system for the banks and other financial institutions as well. Since financial institutions deal with huge amounts of funds transfer on a daily basis, criminals find it easier to exploit them with their disruptive strategies. Concealing the original source of their funds and posing their illicit income to be legitimate has become a common practice. For this purpose, a stronger system than KYC was needed that would monitor the transactions diligently. This is exactly where the Know Your Transaction (KYT) limitations save the situation.
What is Know Your Transaction?
Know Your Transaction solution performs a function very similar to KYC with the exception that the latter focuses on the identification of the clients of a business and assesses risks while the former is more about having a diligent check on the transactional information of the banks. Millions of financial transactions take place every day in the name of the customers, some of them are listed below:
- Card Transactions
- Cash Transactions
- Bills and LC Transactions
- Cross-border Transactions
- Remittances
- Trade Finance
Apart from the aforementioned types of transactions, several others also take place quite frequently. This is where the criminals swoop in with their illicit intentions of concealing the original source of their funds and generating profits by posing their income to be legitimate. Since the banks process millions of transactions, regularly, too, every minute, it becomes relatively difficult for them to locate the illegal funds and report them. The criminals take advantage of this situation and successfully exploit them. Therefore, KYT verification services must be implemented to protect a bank from such fraud and assess risks through transactional data.
The Technologies used in the Implementation of KYT:
Banks and other financial institutions that are AML and KYC compliant, implement the Know Your Transaction solutions with the help of the following technologies:
Machine Learning:
A branch of artificial intelligence that is a combination of information, analytics and computer science. The banks benefit from machine learning in a way that enables them to create data models on multiple dimensions such as classification and regression etc. A transaction monitoring system that works on machine learning algorithms, speeds up the process and provides accurate results in real time.
Blockchain Technology:
Blockchain technology assists banks in preventing fraud in a way that keeps the customer as well as the transaction data scattered in its network instead of compiling it in one place. This is particularly done to ensure that no one can access it all at once and manipulate it. Moreover, the Distributed Ledger Technology of the blockchain enables the banks to store the data in an encoded form which can be utilised in each transaction update. This makes KYT verification across the specific blockchain network, easier and more accurate.
How does Transaction Monitoring Work?
The detailed analysis and verification of the transactions take place via an extensive and thorough transaction monitoring process that does not let any suspicious transaction go unnoticed. The following steps are covered during the verification process;
- Identifying suspicious transactions
- Fast implementation
- Automated processes
- Increased effectiveness
Why do AML-Compliant Organisations have to Follow the KYT Verification Protocols?
Any organisation dealing in the transfer of funds is prone to money laundering, hence mere AML compliance will not save them from the criminal’s fraudulent attempts. Adequate procedures for the implementation of transaction monitoring software must be followed. Considering the rapidly increasing rates of money laundering in the present era, transaction monitoring has become mandatory for every business. The KYT solution provider coils either be a simple process, following a traditional and rule-based approach or an extensive artificial intelligence integrated process that instantly detects any suspicious transaction.
If during the transaction monitoring process, any suspicious activity is detected, instant precautionary measures are adopted to prevent fraud. The suspicious tractions are directed to Enhanced Due Diligence where the Suspicious Transaction Reports (STR) are created. The respective authorities then deal with these suspicious matters according to the set standards and prevent further illicit activities.
The Growing Transaction Monitoring Market:
Keeping in view the surge in terrorist financing and money laundering, businesses have eagerly implemented transaction monitoring software in their security processes. In this regard, a study generated the finding that, considering the increased usage of the TMS, the transaction monitoring market is predicted to experience a boom with an annual growth rate of approximately 15.1% till 2023.
Technology
How to Recover Deleted Files on Windows: Best Tools & Best Practices

Sometimes, files recovery doesn’t take much time and many efforts. While sometimes, it looks like your files have gone forever. In the first case, you don’t need to worry indeed, but what about the second case? But we know solution even for cases that looks hopeless initially.
The Best Commercial Deleted Files Recovery Tools
Disk Drill
It is one of the best tools that can recover deleted files even if you have already lost the hope to do so. it uses the most advanced algorithms to scan and detect even the most inaccessible parts of the disk to get the lost information. And if you are wondering how to undelete files on Windows with Disk Drill, we can assure you that all is very simple: just follow the instruction.
MiniTool Power Data Recovery
One more tool to restore deleted files on Windows is at your service. It can undelete files on many external devices, even if they have been formatted. As well, it works with an extensive number of formats.
EaseUS Data Recovery Wizard
It can be of great assistance even if you lost all your data as a result of the crash of your system, or a virus attack or any other emergency. It works with about 1,000 file formats. We bet, not all users are able at least to name half of them. So, you can just imagine how powerful the tool is.
Recoverit
Around 500 formats that are supported by the tool, easiness to use and ability to recover files even if the partitions were lost or deleted make this tool a favorite choice of many users.
Recuva
To tell the truth, Recuva is a powerful tool even in its free version. Its only disadvantage is that it works with Windows only.
Recover Any Files with Disk Drill Professional Version
There is not a single doubt that the most powerful tool from the above mentioned is Disk Drill. It recovers all files in any circumstances. However, a free version of the tool has some limitations, so, when you complete with Disk Drill download, you will be asked if you would like to upgrade it. Well, do it if you want to have an unlimited recovery option indeed.
Further, if you need to undelete files on Windows, you will be able to select one of the most suitable options in your conditions. For a usual recovery, just click on Recover. But if it hasn’t worked or if you believe that it will not work, you can move to Arrow, and then, select whether you need a Quick Scan or a Deep Scan. The first option will return your files if the case isn`t the most complicated. In the second case, the tool will be looking for all files available for recovery.
Finally, after the tool has detected the files, you indicate where you want to see them, and the tool will return them to the indicated location.
And by the way, if you don’t want to look for ways how to undelete files after they have gone, use the Disk Drill Backup function. The tool will backup important data from time to time. So, even if your information disappears forever, you will be able to get at least its last version from the backup.
Now, when you know all about recovery tools, you can be sure that all your important data are safe.
REVIEWS
Netgear R6400 Nighthawk AC1750 Review

The Netgear R6400 AC1750 router is an “oldie but a goodie” model that still holds up quite well today. It can again smoothly run circles around some of the current-gen models within its price range. In general, the Netgear R6400 is part of the mid-range router crowd and can provide decent numbers in terms of its performance.
Main Features
Media Source: netgear.com
- AC1750 Wi-Fi (450+1300 Mbps)
- Dual-Band
- Beamforming+
- Gigabit LAN (x4) Gigabit WAN (x1)
- 2.0 and 3.0 USB port
- Nighthawk Netgear Genie App compatible
- Echo and Alexa support
- Design
The Netgear Nighthawk AC1750 is identical in design to its predecessor, almost beat by beat. That’s not a flaw, as the R6300 model had this visually striking sleek and futuristic aesthetic. The wide base will take up a considerable amount of space on your desk or shelf, but you also have the option of mounting the router to your wall, so limited space is not an issue here.
The front panel sports a dozen LEDs that display the status of the router. This is undoubtedly one of the most LEDs we have encountered in a router. It can also be a little distracting when all twelve are blinking like Christmas lights. You can turn off the LED, though, if you wish for a more “quiet” approach.
This unit features two USB ports with the 3.0 port on the front while the 2.0 is at the back. It utilizes three antennas that are attached to the back end of the device. The antennas are also relatively thicker than the previous model, which helps improve the Beamforming+ feature.
However, these antennas are only adjustable and cannot be replaced as they are fixed to the unit. Keep this in mind as a broken Netgear R6400 AC1750 antenna will require you to repair the entire unit itself rather than merely replacing that particular part.
Setup Guide for Netgear R6400 Nighthawk AC1750
As with all new Netgear routers, the Nighthawk R6400 AC1750 delivers that user-friendly signature quality that helped propel the brand to the upper echelons. With the installation wizard, all you need is to click and wait for it to automatically setup your network router. This is a must as not everyone is well-versed in setting up their internet network at home.
The router interface appears to be quite rudimentary to the point of looking outdated. We also had cases wherein the interface didn’t correctly work if you are using specific web browsers to access it, specifically with Google Chrome.
Setting up the Quality of Service setting also feels limited as you can’t select a specific device to prioritize their bandwidth allocation. That being said, the parental control delivers excellent customization and control.
Functionalities and Features
The Netgear R6400 AC1750 model provides the standard processors that are found within the majority of their routers, except for their higher-end models. The R6400 AC1750 comes with a 1GHz processor alongside a 256MB RAM with 128MB flash. This is a pretty standard router technology with units that are within the AC1750’s price bracket.
When it came to throughput speed performance, the R6400 router performed quite smoothly. It also managed to maintain its speed relatively better from a distance of over 10 feet away compared to other dual-band routers. Barriers and walls affected its range as expected, but it did manage to hold a decent number.
The R6400 unit uses an 800MHz dual-core processor, the Broadcom BCM4708. The unit rarely accumulates considerable heat due to the excellent ventilation on the case, which should prevent any overheating issues down the line. We tested it all day long in a non-airconditioned room it barely exceeded temperatures that you would consider worrisome.
Like all Netgear routers, this one also utilizes the convenient Netgear Genie app that lets users access their router’s system via smartphone. This app also makes sharing videos and music to other devices within the network to be extremely easy. The Netgear Genie app is quite useful when it comes to doing maintenance on your system.
When it comes to the AC1750’s speed and stability, it managed to clock in an impressive 524Mbps max connection speed. It led to maintain decent rates even at a distance of 10 feet to 25 feet away with only a slight dip.
Further speed testing showed that the router dipped down to 196Mbps at 25 feet away without any obstructions. With walls in between, the speed averaged at 182Mbps. This is a pretty good number for a router with this price tag. However, at an even greater distance, the rate went down to 20Mbps. With these tests, we consider this router to be a suitable device for medium to larger homes.
The router also hits impressive numbers with its file transfer rate, thanks to the 3.0 USB connection. The Netgear R6400 A1750 is a perfect example of how improvements should be handled with next-gen iterations. It far exceeds what its predecessor managed to deliver on all fronts.
For a budget-friendly router, the Nighthawk R6400 AC1750 certainly delivers in surpassing expectations of routers within its price range.
Pros:
Sleek design and perfect for use in limited space rooms thanks to its ability to be mounted to the wall.
Stable and top-notch 802.11ac speeds.
Solid Wi-Fi range.
Excellent NAS performance.
Cons:
The web browser interface looks and feels dated.
Conclusion
Overall, the Netgear R6400 Nighthawk AC1750 will satisfy those looking for the right balance between price and performance. The router delivers superb range and speeds. If you are working on a tight budget, you might want to check this router out. While it is a mid-range router, it is at the lower end of that spectrum, and it offers a full range of features that will make that couple extra bucks worth it.
Technology
How Can you Make Money from an App?

Hello, guys! Today, you can’t imagine your lives without a phone and the Internet. Nevertheless, a few people don’t know that a smartphone can be very useful. In this matter, I have the widely- known quote: “You must spend money to make money.” I suggest you read this information and you can earn money from apps, it is very easy.
How can you Start Earning your Money?

Famous Apps for Android to Help you Earn Money
It is important to read about the most popular apps. I’ll present you with general information about the apps that will help to begin earning some money.
Perk is a well-known platform that gives different ways for you to create a task on your Android phone and earn a rewards point.
You can observe videos, play games, visit websites, search the web, and do different activities to earn. I think it is a superb app.
ShopKick is another fresh app to make money if you are a heavy shopper. You can walk into any store and settle for gift cards or certificates. You can make some money while you are shopping. I think it is very fantastic if you like shopping.
CashPirate is one of the biggest apps to earn money immediately. If you want to earn money, you can download the apps, try free products, watch videos & refer to your friends.
From my point of view, it’s one of the quickest and cleverest ways to earn money.
Famous Apps for iOS

MobileXpression is an investigation app that gives you the opportunity to share your mobile internet activity. After downloading the app, you do what you always do on your phone and MobileXpression pays you accordingly. It is very easy for a newcomer. The most popular quotation: “Every beginner possesses a great potential to be an expert in his or her chosen field.”
AppTrailers is an app that focuses on paying you to watch a video about films, mobile games, and other matters. They also have trivia questions that earn you some bonus money.
Ibotta makes money by market shopping, booking hotels, and scanning revenue. As you can see, it is not very difficult to work. If you have a mobile phone or another device, it will be very easy for you.
Conclusion
If you are ready to make some extra cash, don’t waste your time, please. You have read interesting facts about how to make money from apps. Many people dreamed about this work. From time to time, you want to play games or watch videos. You may earn money, it is cool. I wish you success.
Author Bio: Alex Vasylenko – an expert in web development. He has a bachelor’s degree in computer science. During the last several years the CEO of AVA codes and Photobell companies. The author of numerous articles on web development, tech business, and startups. Leads his own blog – Alex Codes blog where he shares his experience from his work as a CEO and web developer.
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