Two new mobile authentication technologies introduced by Bank of America

An optional feature for consumers and small business clients, SafePass is an extra security system available free of charge to online customers. To access the service, it is necessary to register your mobile phone on the BoA website accounts overview page. Once registered, you will then be issued with a six-digit code by SMS. The code can be used to authorize a range of online transactions, including money transfers that exceed regular limits, authorization of new payees for bill paying, and addition of new accounts for online transfer.
The code expires after it has been used once. BoA are promoting the new system as an extra layer to protect against unauthorized transactions. SafePass is designed to be used in conjunction with SiteKey, BoA's existing secure log-in system, which uses image and word recognition, as well as posing a series of three questions to customers before giving them access to their accounts. Using SafePass, customers will be able to log-in from computers not recognized by SiteKey. The code is used to authorize online transactions, such as transferring money for amounts over current limits, authorizing new payees in bill pay, adding new accounts for online transfers. Says Lance Drummond, e-commerce executive for Bank of America: "We're committed to introducing features that continue to give our customers greater peace of mind when banking online." BoA claims that SafePass will significantly increase the security of online transactions and access to online accounts. A second aspect of the SafePass system currently being piloted by BoA is a wallet-sized card with an embedded button that can be pressed to automatically generate the single-use code. BoA plan to release the SafePass card for online brokerage customers of the bank's Investment Services before the end of this year. Use of the card will be necessary to perform some online brokerage transactions. BoA also plans to issue the card from next year as an optional feature for consumer and small business customers that can be used in conjunction with or in place of the SMS option. http://psbill.com/two-new-mobile-authentication-technologies-introduced-by-bank-of-america.html

Be Famous in Myspace

If you have a knack for singing, dancing acting or just about anything that people may love, why don’t you share them online? The internet is a another world of possibility that anyone can now do anything and be heard if the thing that they do best is interesting to other people. The internet could be anyone’s stage and you can easily show your talent and be known in the internet. Others are so good; they have used the internet to become famous. They don’t just create a website tell their friends to look at their video. Even though it will spread, it’s going to be really slow as it will just pass through the word of mouth. How do you do it? Social networking websites and the best in the US is Myspace.com.
Just create an account and sign yourself up as an artist and you’re on your way to popularity. The only excuse of not knowing the popularity Myspace.com in this country is if you’re living in a bomb shelter for more than 15 years. This social networking website has become the hangout of some people that is has become short of an addiction to them. Don’t just count thousands but millions. Social networking website connects you to other people even though you don’t know them personally. You can share how you feel and what you would like them to see or hear. Since it can be shared to one person to another, there’s a chance that you will be recognized and in no time you’ll have friends from all over the country. As we have said this is one of those sites that you can use as a platform to be quite famous for some time. There’s a page there dedicated for artists where you can sign up and be part of the great pool of artists that you have there. Once you’ve sign up, people will naturally browse through your songs and before you know it, people will acknowledge your work and you become famous. On the paper that’s really easy as one, two, three. But if you’re half committed to being famous either by music or film, you won’t get anywhere. There are hundreds of wanna bees in the internet that doesn’t even get close to be recognized by a hundred of people online. What they just do is create some silly music and from there try to impress people by being quite crazy in their songs. If you’re really an artist, you might get recognition but if not, people will just scorn you since you’re just wasting their bandwidth. Here’s a tip: if you want to break out in myspace.com you have to consider who goes there often and who are most likely to be looking for things online. If you’re creating music for the people of 40-60, you’re in bad shape since most of the people that are using online are way below that age. The famous people that can be launched to fame are those that create music for age group 16-30. If you can do something to entertain them you’re on your way.

Debt Management – Improve Your Credit Now!

If you are a borrower who is overburdened with innumerable debts, you may be having a very tough time. Constant debt burden can weigh heavy on the financial status of the borrower. Therefore, it is very important that you carefully plan out your course of action. It is important for you to manage your debts properly if you want to get over the debt burden. A debt management plan enables you to consolidate the existing debts into one single loan and make a payment for the same. Any borrower who is indebted to more than two creditors can avail debt management plan. Following these simple steps will help you get out of debt easily. • Spend only on the essential items – Ensure that you don’t spend money recklessly on things you don’t need. Spend only on the basic necessities. Also, always pay only by cash and not through credit cards. • Prepare a budget – Follow a budget which takes into account your earnings and spending. This will help you keep an account of your spending. • Pay On Time – If you always make payments on time for all your debts, you will never fall in the debt trap. This can also help you keep your financial situation intact. • Switch over to a cheaper debt plan – This will help you to reduce your debt burden and get a loan at a lower rate of interest too.
Alternately, you can also opt for a debt consolidation plan. A debt consolidation plan will help you consolidate all your debts into one single loan and make a single payment for the same. It goes a long way in reducing your debt burden.
Debt consolidation is the easiest solution for all your debt problems. Debt problems occur when one borrows money for some personal expenses and is unable to payback the amount to the creditors on time. This problem if not handled at the right time can lead to serious financial complications. Almost everyone finds themselves suffering from debt problems at on point or the other.
Therefore, debt consolidation comes across as the easiest solution for all the debt problems. Under this scheme, a debtor can consolidate his debts, negotiate with the creditors, reduce his debts by up to 40 per cent – 60 per cent and also restructure the payments in easy monthly installments. Moreover, the borrower can also eliminate late fees and taxes too.
What’s more? You can also get over the bad credit problems with the help of debt consolidation. A borrower can easily improve his credit and improve his financial situation. You can even apply online for a debt consolidation plan and save your precious time.
For more information Information Visit on: http://www-debtmanagement.co.uk/get-out-of-debt.asp

What Does It Take To Qualify For A Payday Loan?

Payday loans are a fast way to come up with cash you may need to hold you over until your next paycheck. This can make them very convenient because it allows you to get money very quickly. Here are some of the qualifications you will need to get a payday loan. Since you are entering into a legal contract, the first requirement is that you be at least 18 years old. A second one is that you have a job. You will need to have been working at this job for at least three months, and some lenders may require more. You will be asked for your place of work, as well as a contact name in many cases. Your pay will also be a factor, but your credit rating will not be considered. This nice fact makes it so that just about anyone who is working can get a payday loan. The amount of income that you make, though, will need to be more than $1,000 per month. There is some variance here, too, and some lenders may require up to $1,500. It will also be easier to get a payday loan if you have your pay put into your account with direct deposit. Then there is the matter of a checking account. You will need to have had one for at least three months. Your payday lender will want to put the money from your loan right into it. This makes them feel more secure - and more willing to lend you the money, too. In fact, if they can't deposit it directly, you will probably not get a loan. In some case, they may be able to use a savings account, but that is only if your bank will permit it. When you are being approved, you will also need to authorize them to withdraw the money directly from your account. You can do this by postdating a check to the date the payday loan is due, or sign an authorization that allows them to withdraw it electronically. Your loan application, if you apply online, will be quickly followed by a phone call from a potential lender. They will call to ask you a few more details and to fill in some gaps in the information. In some cases, you will be asked to fax them copies of your paystubs, and possibly some bank statements, too. If you are looking for a faxless payday loan, it will probably take considerably longer to be approved. This means that they will need to call your employer to verify the information. There are a lot of differences in some of the features of payday loans between lenders. One of the largest of these differences is the matter of interest. The interest can go anywhere from 15% all the way up to 30%. Another difference could be in the way you pay the loan. Most will require you pay it all on the due date, but some are now allowing you to make several payments. This means that it will pay to spend a little time in shopping around for the better deal.About The Author:Joe Kenny writes for the UK personal finance sites offering loans, credit cards, mortgages and insurance products - http://www.ukpersonalloanstore.co.uk/ and http://www.nationsfinance.co.uk. For US residents seeking loans, refinance or mortgages visit http://www.rebuild.org/

Is Your Financial Planner Going To Pay Your Long Term Care Bills?

I always like to ask my clients, "Will your financial planner be willing to pay your long term care bills, will they have access to good quality Home Health Care Providers?" Many lawyers and advisors are now reluctant to recommend against Long Term Care Insurance for fear of law suits later on, from children, when hundreds of thousands of dollars were required to pay for their parents long term care bills. Planners who fail to recommend coverage are more times than not, unaware of the real RISK of needing care one day. The senior has now become the GREATEST financial risk that Americans face today. The majority of them are unaware of it because let's face it: No One wants to think about needing Long Term Care. It is going to happen to someone else! Long term care bills are the biggest reason for financial failures among seniors today. Yet there are a lot of Financial Planners and Investment Advisors who will say that you don't need Long Term Care Insurance. If you already have a lot of money, perhaps you don't! The question is: Would it be a smart decision to have this coverage? What we are seeing today are many Financial Planners split on the subject of LTC Insurance. You will hear some say that if you have any resources you should not be without it, that it is an integral part of financial planning, while others think if you have enough money you should self-insure. Who is right? Every financial advisor I talk with would recommend long term care coverage if he knew in advance that his client would need several years of long term care. Do the math. In a state where long term care bills are averaging $170 per day, and the average premium is $4000 a year for a couple, aged 60, and they live another 20 years, they have paid out $80,000 in premiums for the peace of mind that they will not go broke. Without the insurance, they could end up paying over $80,000 in less than two years for ONE OF THEM on the advice from a Financial Planner telling them that they DON'T NEED IT! It must be concluded that Financial advisors who recommend against LTC Insurance figure you are not going to need care since they would recommend you obtain coverage if they knew you were going to have to spend several hundred thousand dollars. You should find out from the advisor what is the BASIS for their prediction? Also, be aware that Advisors are sales people. They are in the business of making you money. If you purchase Long Term Care Insurance, you have less money for them to manage! The decision is yours. At this point in your life, are you more interested in making a few more thousand dollars a year or are you more interested in protecting what you have already earned from the most DEVASTATING financial risk that people face in America today? One of the biggest financial mistakes a person can make today is needing Long Term Care and having no coverage! Is this a mistake you want to take a chance on making? Seek out a LTC Insurance Specialist to help you make the best informed decision for you and your family. Remember, your Financial Planner or Advisor is not going to pay your long term care bills. You will!About The Author:Georgia McClure is a Long Term Care Finance Specialist residing in Tampa, Florida. A recognized expert in planning for the cost of Long Term Care, For more information on LTCi visit http://www.longtermcareinsurance-guide.com/long-term-care-bills.html

What is the Source of Your Next Opportunity?

What is one of your biggest problems or concerns today? Is it your financial situation, your health, your job, or lack of job, or any of dozens of others. What is your foremost dream and desire? Is it financial independence, great health, relocating to your paradise, or helping others achieve their dreams? Consider the next question very carefully. How do you view your problems or concerns and your dreams and desires? Do you see them as insurmountable and unattainable or do you see the many opportunities associated with your problems or dreams? In every situation there are opportunities, even some life changing opportunities. The truth is, there is a fortune in each of your problems and dreams. The number of opportunities from one circumstance is amazing. Opportunity is defined as “a combination of circumstances favorable for the purpose”, and “a good chance”. It is interesting that some of our biggest problems create the most favorable circumstances, or opportunities. Many of the world’s great creations and breakthroughs have been the result of someone solving a problem, or perceived problem. Richard Simmons built an exercise empire out of his problem of being overweight. In an attempt to solve his father’s health problems Robert Jarvick invented the artificial heart. Both afore mentioned individuals contributed much to our society, and in the process created wealth for themselves. The list is extensive of those individuals who have taken great action in the face of what they considered problems, and great opportunities. There are three key elements to the foregoing examples. First is the perception of a situation, or problem, which needs changing. Second is the vision to see an opportunity and a solution for that problem. Third is taking consistent, persistent action to make that vision a reality. Each day new opportunities come our way. At the very basic level we always have the opportunity to be better at what we are doing, which often leads to unimagined, even life changing opportunities. Author and coach Jim Rohn puts it this way. “Every person you meet – what couldn’t it be? Unlimited! Maybe a friend for life. The next person could be an open door to retiring. The next person could be a colleague for years to come. It’s big time stuff”. How many times have you looked back with regret about having let an opportunity pass you by? At the time you may not have recognized that an opportunity was in front of you or you dismissed it because you couldn’t see its true potential and value. The point is not to focus on past decisions but to become more aware and sensitive to present and future opportunities. A wise man once told me “don’t look to the past and what might have been. Look to the future and what might be”. What great advice! What do you want out of life? Is your present situation providing the life and lifestyle you really want? Are you seeking to change the direction, and results, in your life? If you are looking for new opportunities are you really serious about making change, taking advantage of opportunity, and taking consistent and persistent action? All it takes is desire and a belief in self to achieve great success in any endeavor you choose. Today simply focus on being the best you can be in whatever you do. At the same time open your eyes, and mind, to the many opportunities life has to offer. Who knows, the next idea could be your ‘life changing opportunity’. Carol Carroll Life Style Mentor and Successful Entrepreneur, is helping many become the next success story. Whether you're looking to create an extra few thousand dollars per month, be an ex-corporate executive, or the next millionaire Mom, Carol can assist you to create a second stream of income and greater peace of mind. For more information visit : Build Wealth

The Real Truth About MLM And Network Marketing

Let me tell you the truth about MLM (Multi Level Marketing) and network marketing-- most people who get involved in the business fail at it. The common figures tossed about on the Internet these days say that 95% of the people involved in MLM fail. I will argue that figure later, but for now, let’s just say maybe 9 out of every 10 people in network marketing will fail. There are many reasons people fail in MLM. They may have gotten involved in a bad company with a poor compensation plan. The products may not be top quality or anything special, so there is no demand for them. They may have received little training, poor training, or even no training at all. They might have been abandoned by their sponsor. They may have had the wrong expectations-- thinking that the money will come pouring in without any effort on their part. But the biggest reason for MLM and network marketing failure is giving up! On the other hand, compare this to traditional entrepreneurship, which has its problems, too. I am a college business professor, and I’ve had traditional businesses of my own, so I know the odd of success in starting up a traditional business are that 9 out of 10 new business will fail the first year. And then there is another 4 in 5 chance that those businesses who survived the first year will fail to make it to the fifth year. Wow, when you consider the amount of money spent and/or borrowed to get those businesses running, that’s pretty scary! Add to that the time involved in running a small business. Often people put in 60+ hours a week, for less income than a job would give them. I’ve often seen dreamers who started their own traditional business find themselves crashing and burning with reality as they lost their credit, their homes, and in some cases marriages and families. Ouch! I believe in entrepreneurship! I believe in the dream of having your own business-- no boss, no time card. Freedom to set your own hours, work where you want, live where you want, spend time with your family, travel and take time off whenever you want. Freedom. That’s what its all about! And it’s not traditional business that brings this freedom, it’s network marketing. I’ll take the odds in MLM and network marketing any day! I’ll tell you why. If the 95% failure figure is correct, then it’s including all the people who just sign up to try the product, or decide for whatever reason they don’t want to work the business. The truth is, for those who really want to work at this business, 95% of all people who stay with their network marketing company for 10 years will reach the highest level of their company’s compensation plan, which is usually at least $500,000 annually. And the income needed to start and run a network marketing business is nominal compared to a traditional business! I’ll take those odds any day! You see, all you need to do is: 1) Find the best network marketing company you can. 2) Commit to learning and working your business. 3) And don’t quit. Success in MLM and network marketing is a choice. Choose to do it! I can do that. How about you? This article may be freely copied as long as it is not modified and the resource box accompanies the article, together with working hyperlinks.About The Author:I’ve found what I truly believe is the the best network marketing company ever! It's called ForeverGreen, and it’s the perfect time to get involved. Check it out now at http://marine-wellness.com By Dianne Ronnow © 2007. All rights reserved.