Modo Strikes An Innovation Balance

Article featured in PYMNTS.com    Payments has a balancing problem, according to Modo CPO Matthew Leavenworth. There are two forces at odds, said Leavenworth: The growth of new ideas, entrants and true innovation in payments versus existing legacy systems — which often still function as designed, he noted, and weren’t cheap to implement. “People have made investments […]

There’s No ‘I’ in Payments, But There Should Be

No, we’re not suggesting to start spelling payments like P-A-Y-M-I-N-T-S; we’re talking about a missing piece to the payments puzzle. Right now, the payments industry is made up of  siloed systems, walled gardens and closed networks.  While efficient on a system by system basis, the current state  causes a ton of friction when attempting to [...]

We love to fight (hunger, that is)

Merry Christmas from the ModoNauts!     At Modo, we are #paymentsgeeks because we know that we can do the most good, for the most people, by reducing friction in payments. Let us explain: The global economy is the big picture, so we’re talking Trillions. With Trillions at stake, there’s leverage in even a fractional […]

Thanksgivings from the ModoNauts

  Thanksgiving is a time to pause and reflect, and at Modo we reflect the very best with lots of food. And drink. And more food. Lucky for us, we had a lot to be thankful for this year so this meant a very unhealthy amount of eating. As we sat around enjoying each other’s […]

Modo Announces the Unnouncement

Modo likes announcing announcements, you know. We announce them on high, we announce them down low. We announce them with others, we announce them alone (the latter especially when using “that tone”). We announce them on Twitter, LinkedIn, and Facebook “We’re proud to announce! Will you please have a look?” We announce about things that […]

NSFW: Raw Payments Data

Are you in a safe, private place? Okay, fine don’t leave your desk. Just shield your screen, and avoid your co-workers prying eyes because we have some raw, unfiltered payments data coming at you. A little context for what you’re about to see: We recently added Dee Hock, Founder of Visa and the “Original #PaymentsGeek […]

David & Goliath An Alternative Ending at Money20/20 Europe 2017

Banks’ greatest strengths (their size, scope and scale) can complicate the delivery of new capabilities. Collaboration with FinTech startups can be the path to creating next-generation services for global banks. When Bank of America Merrill Lynch needed to move quickly to accelerate innovation, they sought a unique partnership with a fast-moving, rip-roaring startup, Modo. In […]

Modo Goes Country

Howdy, y’all! Modo has officially gone country (and made it back to the city). A few times each year we gather all of the ModoNauts dispersed throughout the country (and now world) to get together in one location and reconnect on the Modo vision and principles. We call this super #paymentsgeeky gathering “ModoWeek”. The dust […]

You might be a #PaymentsGeek if…

Oh hello there. You seem to have stumbled across our blog. This might mean a couple things – either you’re lost, or you might just be a #paymentsgeek. In order to get to the bottom of this we have some memes to show you (because what’s more geeky than that?). If any of these resonated with […]

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