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A Loyal Customer for 25 Years: What Amex Gave Me Was Silence

A Loyal Customer for 25 Years: What Amex Gave Me Was Silence

Member since 2000: 25 years of loyalty to AMEX – What I got was silence Recently, I closed my Marriott American Express account, which had been around for 25 years, originally starting as Starwood Amex. The longevity of accounts is a significant aspect of what American Express stands for. The “member” date is displayed right […]

How Data Identifies Hidden Customer Loss Before Cardholders Leave

How Data Identifies Hidden Customer Loss Before Cardholders Leave

Optimizing Data Utilization in Banking Data has become crucial for managing financial portfolios effectively, with a focus on ensuring operational efficiency. However, the bank’s ability to transform raw transaction data into actionable insights quickly is essential. This is the premise of Visa’s Data Strategy, particularly their Data Manager platform, which aims to provide reliable card […]

New federal regulations mandate $1 billion in customer refunds from Missouri’s largest health insurance provider

New federal regulations mandate $1 billion in customer refunds from Missouri's largest health insurance provider

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Plaid and JPMorgan Establish Agreement for Customer Data Sharing

Plaid and JPMorgan Establish Agreement for Customer Data Sharing

JPMorgan Chase and Plaid have come to an agreement following discussions about FinTech’s access to customer information. On September 15th, both companies announced a renewal of their data access agreement. This new arrangement includes a pricing structure aimed at providing consumers with “safe, secure, quick, and consistent” access to their data in the future. “We […]

The decrease in customer service and its significance

The decrease in customer service and its significance

The Crisis in American Etiquette The US has been facing a civil crisis for quite some time now. It’s more than just a matter of “manners”—the decline in polite behavior serves as a significant indicator of broader societal issues. Just like many cultures, the US has its own unwritten rules on how to interact in […]

Salesforce cuts customer support staff from 9,000 to 5,000 with AI assistance.

Salesforce cuts customer support staff from 9,000 to 5,000 with AI assistance.

Salesforce recently announced a reduction of 4,000 customer support positions, replacing them with artificial intelligence (AI) agents, as stated by CEO Marc Benioff. He discussed this change while addressing the impact of new technology on the workforce at his $248 billion software company during an episode of the “Logan Bartlett Show” podcast released on Friday. […]