
Banking
How Banks Price Deposits and Turn the Spread Into Profit
The FDIC put the US banking industry's net interest margin at 3.35 percent in the third quarter of 2025, and that one ratio explains how deposits make money.

William Elliott covers the intersection of finance and real-life technology — the payment tools, banking systems and AI products that people genuinely keep using. His reporting spans legal software and digital bank licensing, IPO filings through lockup expiry, hardware buying guides, newsroom product reviews, and books — read completely — alongside the reading apps they end up in.