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After ticketing and security processing, the average amount of free time a passenger has before a flight is 85 minutes, which theoretically should suggest lots of time for leisurely shopping or dining.
This underlying structural change, while not a substitute for everyone, will allow for a re-engineered air travel system that will provide radically improved quality, including faster security processing.
Trusts and security processing account for more than half of the business of Bank of New York, he added, so it is less vulnerable to sharp declines in interest rates than many other banks.
One thing is certain: in the future, to get through to the gate faster, you'll need to be on "the list" -- a database of travelers who have applied for and received (most likely by paying a fee) a "smart card" I.D. that can be used for expedited airport security processing.
This also enables low complexity of the security processing.
Security processing with error propagation must be provided to achieve security.
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Her father retired as a vice president for global securities processing at Citibank in New York.
He cited gains in private equity, stock underwriting and trading, asset management and securities processing.
The story was different at Bank of New York, which derives most of its earnings from securities processing.
Mrs. Foley, 28, is a data analyst in Jersey City at Pershing, a securities processing division of Credit Suisse First Boston.
Those fees from securities processing rose 28percentto to $372 million, lifting total noninterest income 18percentto to $737 million.
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