Today in the payments news roundup, a report shows that credit unions could be more in tune with their customers’ needs, and a senior executive at Mastercard explains why ePayables are the future. Also, Tencent is bringing chat to cars, and Postmates is joining the growing league of delivery companies that offer group ordering.
Even though people reportedly choose credit unions because of the inherent trust factor, a new study shows that the institutions often don’t know what their customers want. One potential answer is a closer look at customer data.
In a PYMNTS video interview with Karen Webster, Andrea Gilman, senior vice president of product management and new payments at Mastercard, discussed the possibilities of ePayables and how financial institutions aim to cut their reliance on physical checks.
Postmates will join DoorDash and Caviar in offering group ordering. The Postmates announcement comes as the company reportedly moves closer to going public when it debuts its IPO paperwork next month.
Chinese tech giant Tencent is going to add WeChat capability to cars in the near future. The voice-activated in-car app will have the ability to send and receive texts.
A new report shows that new international taxes could be on the way for big tech companies in countries like India, Egypt and Kenya. At least one unnamed official was quoted as saying “all countries are trying to find a consensus on major tech companies.”
Apple has shelved a feature that would allow iPhones without wireless service to communicate with each other using long-distance radio waves that would bypass cellular service. Apple did not explain why it decided to quit on the project.