Why Banks Are Suddenly Closing Down Customer Accounts

Re:Why Banks Are Suddenly Closing Down Customer Accounts by ToucanLoucan on Sunday November 05, 2023 @07:48PM (#38157474)

Wholeheartedly agree. If you don't want to pay customer service people, do not enter or build a business that requires serving customers at scale.

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Re:Why Banks Are Suddenly Closing Down Customer Accounts by BLKNSLVR on Sunday November 05, 2023 @08:27PM (#38157726)

The problem is that the likes of Google, Meta, and Amazon are normalising (have normalised?) "scale via automation" and are making bank on an unprecedented scale as a result.

If they can do it, so can we.

Just like offshoring manufacturing and service centres to places that pay the lowest wages (even though us proles aren't allowed to buy entertainment media from those same places, but that's a separate topic)

Race you to the bottom!

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Re:Why Banks Are Suddenly Closing Down Customer Accounts by bruce511 on Sunday November 05, 2023 @11:05PM (#38158715)

Google, meta and Amazon all have good customer service.

In the case of Google and Meta though don't confuse Customer with User. User service is not a thing.

Clearly this thread -is- about Customer (not User) Service, so I'm not suggesting that banks are the same.

Financial systems have a bot / scam / fraud problem. As others have pointed out, that is the cause of most of the human pain in that space.

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Re:Why Banks Are Suddenly Closing Down Customer Accounts by altfredd on Monday November 06, 2023 @02:16AM (#38159689)

Must be nice when your sole customers are nation-states and 3-letter agencies. Better B2B than B2B (or should it be called something else... N2B — nation-to-business?)

[ Parent | on HN ]