ING Direct CEO Arkadi Kuhlmann spoke earlier this week at the Prepaid Expo in Las Vegas, comparing his company to other innovators like Southwest Airlines and Google.

Bank of America announced late yesterday that it plans to get rid of overdraft fees on its debit card accounts starting June 19th. This change comes in anticipation of federal rules that could potentially limit overdraft fees for debit cards, as the Credit CARD Act has for credit cards.

Today has seen a drop in CD rates from some of our top online banks. Ally, Discover and ING Direct have all lowered their rates across the board, some by as much as 0.25 percentage points.

UPDATE: While the Credit CARD Act does include a clause pertaining to consumers' ability to opt-out of overdraft fees on credit accounts, the decision to include similar opt-out clauses for debit card accounts is at the discretion of the bank. The new Credit CARD Act rules went into effect last week, and banks are struggling to determine how to recoup some of the revenue from fees and interest rate charges that will be restricted under the new law.

Shuffling the traditional hierarchy of financial institutions, Ally Bank has passed banking giant Bank of America in a survey of national online banking services.

Ok, so while this may not be surprising if you remember how idealistic you here in high school, a recent survey by ING Direct and Junior Achievement (JA) showing that more teens chose “having a positive impact on society” over “being well paid”

ING Direct has decided to bring back their $50 bonus for current and new customer who open an Electric Orange Checking account.

Over the past year MyBankTracker.com has seen banks take different approaches to bring new innovation to today's consumer

Here we are in 2010, a little over a year from when the economy really started to crash and burn, and many reports seem optimistic that the recession is over, and we are on the road to recovery.

Back in November, ING DIRECT offered consumers a way to save with their Black Friday promotion. As we approach the new year, ING is back again with another offer to help those looking to make a financial resolution in 2010.