Data Snapshot: Consumers Are Surviving, Not Thriving

American consumers are rapidly reinventing how they live, work, and manage money—but there are worrisome signs that digital banking is failing to keep pace. Consumers Are Surviving, Not Thriving shows that although most American consumers are confident they can meet their week-to-week and month-to-month financial obligations, their progress toward long-term goals like saving for retirement or paying off debt is trending downward. This trend underscores the need for financial fitness features that provide not just oversight but also foresight and coaching. This report is part of the Digital Banking Data Snapshot series, which examines how banks and credit unions can earn and maximize their hold on primary-FI status in a brutally competitive environment.