I have no doubt this TLD will be used for phish.ing <bank name>.bank.ing <bank name>.pay.ing <credit card>.charg.ing <email service>.renew.ing

I have no doubt this TLD will be used for phish.ing <bank name>.bank.ing <bank name>.pay.ing <credit card>.charg.ing <email service>.renew.ing <online store>.shipp.ing <delivery service>.track.ing etc. Worse, there will be some number of companies stupid enough to pay for and start using .ing for legitimate reasons further confusing people as to which URLs are legitimate.