Wells Fargo’s mobile user numbers are higher than ever—but that’s not thanks to new activity by consumers.
According to the retail banking numbers the banks released today for the month of January, its customers aren’t opening as many accounts—are, in fact, closing more of them—and aren’t applying for as many credit cards as last year.
These numbers are part of Wells Fargo‘s drive for greater public transparency and trust and have been released monthly since October 2016.
