Data has been breached at a payments processing firm and the personal information of up to 10 million users can potentially be compromised, says security blog Krebs on Security. Apparently, the scale of the breach is "massive" and major credit card companies like Visa and MasterCard have been alerting their customers about this development and to reassure them that the actual Visa and Read more

It's a new year and a new you! Fresh Start is a short series detailing 12 helpful tips to start off the year right, whether it be to advance your career or increase your financial cushion. We've already given you advice on kicking your daily deal habit, quitting caffeine, and making a call to lower your bills. Here's another way to start afresh in 2012. An important to-do on your financial list Read more

We're thrilled to present this smart Kiplinger story here on Savvy! If you need a safe place to park your money now, you have a surprising variety of options to consider — even if the returns on some of them aren’t pretty. Don’t expect rates to move up anytime soon. In response to the still-sluggish economy, the Federal Reserve has announced that it will keep short-term rates near zero Read more

The good ol' days when ING's interest rate hovered around three or four percent are now gone. Instead, the rate keeps dropping, and the online bank has just lowered its interest rate to 0.9 percent from one percent four days ago. As the New York Times noted, ING has given full disclosure in the fine print that they "may change the Interest Rate for your account at any time." Of course, those who Read more

If you're not happy with your bank, you're not alone. About 63 percent of people are dissatisfied with their financial institution, according to a recent study by consulting company Ath Power. In the aftermath of the economic crisis, banks are taking a blow from the new consumer protection laws, which causes them to raise fees and penalties and do away with rewards and freebies. If you're looking Read more

ING Direct is famous for being truly digital — not having brick-and-mortar stores and offering paperless accounts. However, it seems it has succumbed to its customers' needs and is offering the option for ING account holders to use paper checks. Although paper-check payments are slowly being phased out as banking becomes more digital, checks still make up less than 25 percent of non-cash Read more

It appears that movies like Wall Street are making a good impression on the younger generation. Teenage respondents on a Monster.co.uk study picked being a banker as their top second dream career, according to the Daily Mail. The driving factor behind their top career picks is wealth, with 25 percent of teens saying monetary success is the main reason they admire their role model. According to Read more