Technology

Banks and others have been rolling out new technologies and updated features in recent weeks that are designed to improve customer satisfaction. Following are five ways banks are aiming to use software upgrades to delight customers in major and minor ways.

WASHINGTON — Bankers and their representatives harshly criticized a call for the U.S. Postal Service to offer financial products like prepaid cards, remittances and even small consumer loans to underbanked consumers, saying it was a dangerous and foolhardy idea.

Mike Liberatore has become the new chief financial officer at the payments startup Clinkle.

A Wisconsin woman accused of embezzling thousands of dollars last year from the bank where she worked claimed she committed the crime to pay back debt to payday loan companies.

Mobile app developer Photopon is launching technology that lets merchants customize its photo-based offer system.

NVoicePay has expanded its hosted business payments technology to a number of new industries, betting there will be an increasing appetite for outsourced payments automation.

Apple Inc. has taken its time to establish a potential foothold in payments, never seeming to follow the path set by its rivals and never seeming to indicate just how close it is to the finish line.

Michaels is investigating a possible data security attack, CEO Chuck Rubin said in a letter to customers.

PayPal's adjustments to its developer program will provide an early look at how the company's Braintree acquisition will change PayPal's approach to new payments technology.

While this still hinders some customers' adoption of their bank or credit union's mobile bill pay offerings, in reality, today's technology has made mobile bill pay more secure and easier than ever before.