The High Interest Rate Environment and its Impact on Consumers and Financial Institutions
The 2024 Alkami Telemetry Data Report provides multiyear trends of key deposit, loan and payment products, based on an aggregated panel of more than 2.5 million account holders.
The rising interest rate environment, which hasn’t been seen in decades, is creating new pressure on consumers and financial institutions alike. The 2024 Alkami Telemetry Data Report provides multiyear trends of key deposit, loan and payment products, based on an aggregated panel of more than 2.5 million account holders, to provide financial institutions with industry benchmarks against which to compare their own performance.
This report supplemented by an Alkami commissioned study, conducted through The Center for Generational Kinetics, assesses how the current macroeconomic environment has impacted attitudes and behaviors across the generations.
