Payments 2017: The Year of No Disruption spoke to Bruce Parker, Founder & CEO of Modo, for the 2017 PYMNTS year-end eBook on the defining moments of the past year. The most defining moment to him? No disruption. Check out why below.  We’ve been hearing (for a few years now) that this will be the year FinTechs will replace banks, disrupt […]

Modo Announces Brian Billingsley, Former CEO of Klarna North America, to Join Team

Christmas comes early for Modo as Billingsley officially agrees to become a ModoNaut DALLAS, Dec. 15, 2017 /PRNewswire/ — Modo, the company that creates interoperability for payments, today announced Brian Billingsley, Former CEO of Klarna North America, as the latest to join their team. Billingsley has an extensive payments background that will play an integral role in continuing the […]

The Key to Interoperability is being Payment Event Driven

Bruce Parker, ModoPayments: Payments data is unique from other types of data as it has special security and compliance requirements How did the idea behind ModoPayments start? Modo started with a missed opportunity. Bruce Parker, a payments and business strategy expert for some of the largest financial companies in the world, was never called into a […]

Fridays with Fintechs: What Have I Done?

By Bruce Parker No seriously. What have I done?! I’ve fallen for payments, and now I can’t get up. I spend all day every day pondering how payments ought to be, and how a startup focused on payments ought to be. All the little and big things that are the state of our industry, and […]

Alliance Data To Create Loyalty, Checkout Events Via Modo’s Payment Service

By Modo and Alliance Data’s Columbus, Ohio-based credit card services business announced news on Monday (Oct. 23) that they have inked a new partnership. Alliance Data can now create loyalty programs and checkout events using Modo’s cloud-based payment event service. In a press release, Modo stated that via its payment events service, it securely and fairly conducts […]

Using Interoperability to Overcome a False Sense of Complexity

By PaymentsSource Of all the many technology innovations in the last few years, the truly unparalleled innovation is interoperability. When companies with their disparate systems and platforms can communicate and share their data the multiplier effect on new technologies and benefits is tremendous. Or, as Bruce Parker, founder and CEO of Modo, puts it: “We’re […]

Modo and Alliance Data Partner to Deliver Data-Driven Payments Experiences

Alliance Data’s card services business to leverage Modo’s payment event data service for Checkout and Loyalty Events in order to accelerate innovation and increase interoperability with retailers   Las Vegas, Nevada – October 23, 2017 – Modo and Alliance Data’s Columbus, Ohio-based card services business, a premier provider of private label, co-brand and business card […]

In the Wake Of Equifax, A Call To Share More Data Not Less

By American Banker When Equifax disclosed its enormous data breach that exposed the personal information of some 143 million people, the reaction of many consumers and corporate executives was similar and familiar: our data is at risk at all times and the less access we give to others the better. But that is precisely the […]

Modo Emerges From Reverse Stealth With New Service For Payment Event Data

Modo prepared to discuss the hard work they have been doing for key clients that demanded 100% of their attention during a two month media blackout. DALLAS, Oct. 17, 2017 /PRNewswire/ — Modo, the payments fintech working with Bank of America Merrill Lynch, Alliance Data, FIS, Verifone, and Klarna, today announced they’re ready to break their self-imposed silence […]

How Do You Share a Secret?

By Matthew Leavenworth Published in the Fraud eBook   How Do You Share a Secret? You have a secret that only you know. If you keep that secret to yourself and tell no one, then there’s no problem — no one else in the world knows what you know. But what if you have […]