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.

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.

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”

A "worm" of the most malicious kind is making its way within Apple's iPhone system.

Launched in October 2008 in four cities from New York to Los Angeles, ING-Girls Inc. Investment Challenge is an innovative financial literacy and empowerment program that gives participating girls hands-on investing experience

The Dutch parent of ING Direct, ING Group, announced that in compliance with the European Union's rules on state aid provided during the financial crisis, it has been forced to separate its banking and insurance operations.

Today, ING Direct made a few adjustments to their 6 and 12 Month CD rates.

If you have ever considered ING Direct or currently have an account with them, The ING Business Savings Account could be a great addition if or when you start your own business.

ING Direct and Discover Bank continue to attract more and more Americans with online banking accounts. Online banks have been growing in popularity because of their higher interest rates and banking convenience.

The most common promotion for CDs is a high introductory rate for new deposits. The CD usually renews at a lower rate, so it is good to go for the longest rate you are willing to lock in. Capital One offers 5.5% on a 10 year CD, if you are willing to lock up your money for so long. Capital One and Chase both offer 5% for 5 years. ING's highest rate is 3.75% for 12 and 18 month CDs, longer term CDs at ING Direct have the lower rate of 3.5%. CitiBank's special is a 6-month CDs with a 3% APY interest rate.  Some banks are like Bank of America offering “No Risk CD's”. At Bank of America, the 9 month CD gets 2% interest, you have to deposit the money you withdraw into another Bank of America account, and you might be required to give 7 days notice before withdrawing the funds. Compare this to earning 1.39% on Bank of America's money market account or choosing another bank's money market account, or one of the short term, high interest rate offers.