Customer service

CFPB complaint portal will remain public, with changes banks sought

09/18/19

The agency put to rest speculation that it might take the database offline, yet new disclosure statements are meant to combat the notion that a complaint proves a company’s guilt.

[more]

Why BOK Financial gave its robo adviser human backup

09/11/19

In addition to launching an automated investing app, the bank created a dedicated adviser unit to provide personal service to customers when they need it.

[more]

Successful bankers step outside the branch

09/05/19

With brick-and-mortar locations dwindling, it’s even more important to meet potential customers in the field.

[more]

The power of the pat on the back

08/01/19

If your employees are unhappy, your customers will be the first to notice. Showing a little appreciation may be an investment in keeping both.

[more]

Making bank complaint data more useful

06/10/19

The information the Consumer Financial Protection Bureau collects about customer problems can be valuable, but analysts need to move past the headline numbers.

[more]

Tech could help reinvent debt collection

05/28/19

Better analytical tools could help banks spot and address potential issues before a customer goes delinquent.

[more]

'A bunch of disrespectful windbags': Comments of the week

05/16/19

Readers consider a Senate Banking Committee investigation into Facebook's use of consumer data, weigh the value of the CFPB's complaints database, debate legislation that would require big bank executives to testify before Congress annually and more.

[more]

As CFPB mulls privatizing database, consumer complaints mount

05/12/19

The Consumer Financial Protection Bureau received over a quarter-million complaints in 2018, according to analysis by an advocacy group that urged the agency to maintain public access to its database.

[more]

JPMorgan's snarky tweet about financial wellness draws swift backlash

04/29/19

Bank critics and some lawmakers quickly seized on a tone-deaf posting by JPMorgan Chase that was designed to tout the virtues of saving money.

[more]

Why fewer consumers are switching banks

04/25/19

Larger institutions in particular have made banking so convenient that customers see little reason to move their accounts, according to a new report from J.D. Power.

[more]