Balance runoff is picking up speed in 2023. With interest rates from some direct bank topping the tantalizing 4% mark on a savings accounts - a level not seen since 2007 - depositors are waking up and moving their non-operating cash to higher-yielding alternatives

For a rapidly growing number of consumers, spending means using a digital card on their phone to instantly debit their bank account

Bank leaders continue to struggle with determining the right number of branches for their network