When Capital One customer service is no longer on offer

Customer service at Capital One is now off the menu.Capital One said Monday it is cutting customer service to offer customers more time to get back on track.The company said that, due to increased costs of capital, it has taken “the necessary steps to further reduce our employee compensation expense.”In an email to customers, the …

Verizon, fios, fb customers face new data breach claims

Verizon has filed a federal class action lawsuit against three of its customers, alleging they were victimized by a security breach involving data stored on their credit card accounts.The Verizon lawsuit alleges the company was hacked in April 2015 and that the data was used to access their personal information and other information of others.The …

Why the world’s biggest banks are having such a bad time

One of the biggest problems facing the world of banking is that a large chunk of the world is now relying on banks to do everything from making loans to settling disputes.But the situation is getting worse by the day. Now a new report from the UK’s National Audit Office (NAO) shows that the UK has …

American Airlines says it will buy Capital One competitor, American Airlines

American Airlines is buying Capital One customer service and taxi service provider Capital One, its second acquisition in as many months.Capital One said in a regulatory filing Wednesday that it has acquired American Airlines customer service company Capital One.The transaction is expected to close in the fourth quarter of this year.Capital, a San Francisco-based customer …

How capital one got rid of its top employees

Capital One customer service executives told a Senate panel they were told not to talk to the media and to not even use the company’s own social media channels, even though they were on the verge of being fired over a sexual harassment scandal that led to the resignation of CEO Stephen Schwarzman and prompted …

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