83% of United States consumers expect to cut back on the family budget

Survey shows higher customer satisfaction with direct banks, as customers feel more supported during challenging times

Only slightly more than half of Americans have more emergency savings than credit card debt

Credit loss forecasting is a crucial aspect of risk management for financial institutions

Inflation, too many expenses, and debt cited as top reasons inhibiting saving

Nearly three-quarters of consumers demand more personalized banking experiences

Conference to be held at the University of Chicago, Booth Business School Downtown

Over half of consumers believe AI can assist people in making informed decisions

Over three-quarters of customers who received financial advice acted on it

Recent developments in the technology are seeing a growth in investment in AI