Friday, September 4, 2020

Customers Should Never—Ever—Have To Call You

Is there anything worse than having to call customer service and wait on hold forever to get help? 

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People are using the phone, but it isn't effective. But what if customers never had to call companies? The goal of every company should be to create a product or service that is so good and that is constantly improving that there is no need for customers to ever call a contact center. 

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Publisher: Forbes
Date: 2020-09-03
Author: Blake Morgan
Twitter: @forbes
Reference: (Read more) Visit Source



While you're here, how about this:

Danske Bank to compensate more customers for over-charging - Reuters

COPENHAGEN (Reuters) - Danske Bank ( DANSKE.CO ) will pay out a total of up to 100 million Danish crowns ($16 million) in compensation to 900 customers after over-charging them for an investment product, it said on Friday, in the latest scandal to hit the Danish bank.

The overcharging, which relates to an investment product called Danske Portefoljepleje between February 2017 and July 2018, was discovered after review of a similar case, Denmark’s biggest bank said.

Publisher: U.S.
Date: 2020-09-04T09:41:15 0000
Author: Reuters Editorial
Twitter: @Reuters
Reference: (Read more) Visit Source



Wells Fargo settles charges stemming from its handling of customers' annuities | Local Business |

WASHINGTON — Wells Fargo & Co. agreed to pay $2.12 million in fines and restitution to settle U.S. regulatory charges its brokers failed to properly account for the costs of switching customers who owned variable annuities to new investments.

The Financial Industry Regulatory Authority (FINRA) said Wells Fargo failed to supervise the suitability of recommendations that customers sell variable annuities carrying "surrender" fees, and use proceeds to buy mutual funds and unit investment trusts carrying upfront sales charges.

Publisher: STLtoday.com
Date: 2020-09-04T06:50:00-0500
Author: Reuters
Twitter: @PostDispatchbiz
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Coast Line: PG&E asks customers to cut energy use – Santa Cruz Sentinel

PG&E is urging customers to conserve energy during afternoons and evenings over the three-day Labor Day weekend, according to a release from the utility. The state's grid operator has issued a Flex Alert, based on a forecast of increased power demand due to expected high temperatures.

Customers are asked to reduce their energy use from 3-9 p.m. each day, Saturday through Monday. By doing so, customers can help make sure the state has enough supply to meet the demand for electricity.

Publisher: Santa Cruz Sentinel
Date: 2020-09-04T03:00:52 00:00
Reference: (Read more) Visit Source



This may worth something:

UPDATE: CMP restores power to Hancock County customers

Early Friday morning they reported all of their customers in Hancock County, 6,227, were without electricity.

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Bucksport Police say the outage was caused by an Osprey's nest which caught fire on one of the light poles.

Publisher: https://www.wabi.tv
Twitter: @WABI_TV5
Reference: (Read more) Visit Source



Stash sees sign-ups, deposits swell as customers shift into 'save' mode | Banking Dive

The personal-finance fintech looks to build a digital community around its investing roots, arranging weekly fractional-share giveaways.

As consumers beef up their rainy-day savings during tough economic times, banking and investing platform Stash is seeing an uptick in activity and sign-ups.

"People are really waking up in terms of their finances, and getting that time to reflect on what's important to them," said Sudev Balakrishnan, the fintech's head of product.

Publisher: Banking Dive
Date: 2020-09-04
Author: Suman Bhattacharyya
Twitter: @bankingdive
Reference: (Read more) Visit Source



Sophisticated Phishing Scam Targeting Lloyds Bank Customers - Infosecurity Magazine

An estimated 100 people have reported receiving fake communication purporting to be from Lloyds, which is one of the largest banks in England and Wales.

In the SMS version of the scam, people received a text attempting to entice them into visiting the same fraudulent site. It says: “ALERT FROM LLOYDS: New device attempted to set up a payee to XXX. If this was NOT you, visit: Lloyds[Dot]bank[Dot]unusual-login[Dot]com.”

Publisher: Infosecurity Magazine
Date: 2020-09-04T14:45:00
Author: James Coker
Twitter: @InfosecurityMag
Reference: (Read more) Visit Source



Cal Water provides nearly $500,000 in COVID-19 related relief for customers

Along with its subsidiaries in California, Hawaii, New Mexico, and Washington, Cal Water finalized donations on Wednesday of nearly $500,000 to customers and community organizations impacted by the coronavirus crisis.

The coronavirus-related fund will help provide relief to customers who lost their jobs or were hit hard financially by the pandemic. Cal Water will forgive a portion of customers' past-due water bills for those who fell behind on payments during the pandemic.

Author: Vongni Yang
Reference: (Read more) Visit Source



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