Mostyn Chase

Part of what incentivizes a consumer to buy is if and when their preferred payment method is available. It’s a testament to the power of choice and control (on the part of the shopper) that if they can’t pay the way they want to pay, they’ll hold off or go somewhere else to get what they want. Payments, then, become a competitive advantage. Read more: https://lnkd.in/e9UZjNwr #payments #bpnl

To effectively combat fraud, FIs are turning to AI and ML technologies, which are proving effective at detecting fraud in faster payments. Read more: https://lnkd.in/ePfZEuhT #banking #news #ai #fraud

Digital wallets in the U.S. are commonly used for transactions. According to the report, 48% of consumers use their digital wallets for online shopping, while 39% use them in-store. While these numbers reflect a steady trend, they also highlight a gap in usage, especially in comparison to other regions like the U.K., where a significant portion of the population embraces digital wallets for non-transactional uses. Consider 23% of U.K. consumers use their digital wallets to store travel or identity-related credentials, a feature that remains underutilised in the U.S. Read more: https://lnkd.in/dncj2tNp #digitalwallet #consumers #us #uk

In pursuit of the “perfect” hire, there's a tendency to prolong the interview process. However, an overly drawn-out process can frustrate candidates, causing you to lose out on top talent. This is particularly risky in the payments sector, where competition for skilled leadership is fierce. Read more in our latest: https://lnkd.in/eG4ZW78G #payments #leadership #hiring #hiringprocess

B2B payments remain tied to legacy systems, but emerging solutions are setting the stage for a more agile and responsive payment ecosystem. Read about it here: https://lnkd.in/ea6SGSbf #b2b #payments

49.7% of consumers surveyed said they had engaged with mobile banking on at least a weekly basis. A lower percentage said they had done the same, at 46.7%, with online banking. That translates to total annual activity days of 26 days for high-income earners (generally, those earning above $100,000), 23 days for middle-income consumers ($50,000 to $100,000) and 18 days for low-income consumers (below the $50,000 threshold). Read more: https://lnkd.in/gUb_QUba #bnpl #digitalpayments #mobilepayments

“This partnership means that our customers can spread the cost of Lenovo’s AI-enabled and optimized devices, from powerful workstations to portable laptops, in easy-to-manage, interest-free installments,” Angus Cormie, director and general manager, EMEA eCommerce at Lenovo, said in the release. Read more: https://lnkd.in/eyKwB6-h Lenovo Klarna #bnpl #ai #payments

We’re thrilled to hear such positive feedback about Nick! At Mostyn Chase, we pride ourselves on making the recruitment journey as seamless as possible for both clients and candidates. Nick’s commitment to transparency, responsiveness, and support embodies our values. "Nick made the recruitment process very smooth. He was always very responsive, transparent and helpful. Thanks for everything, Nick!" Thank you for trusting us with your recruitment needs! #Recruitment #Payments #Testimonial

The Payments Association has warned that international criminals are making the most of innovations in cross-border payments to stash funds and evade detection when undertaking authorised push payment (APP) fraud. Read more: https://lnkd.in/eJFyekkx #payments #innovation #app

Mastercard has set itself the target of using tokenisation and biometrics to eliminate manual card entry, passwords and one-time codes for online purchases by 2030. Read more: https://lnkd.in/euQygbx7 #mastercard #payments #biometrics