The Paypers: Modo in the Payments and Commerce Market Guide 2018 – 2019

Originally published in The Paypers Payments and Commerce Market Guide 2018-2019   The Paypers has interviewed Bruce Parker, founder and CEO of Modo, to learn more about loyalty programmes and the trends and developments impacting the payments industry.   Having worked in the payment industry for years with ubiquitous companies, why did you start Modo […]

PYMNTS PODCAST: Why Merchants Should Go ‘Auth Shopping’

Originally published on PYMNTS.com   Listen to the full podcast below:   If conversion is among the most important things to a merchant, and a frictionless experience is the most important thing to a consumer, the twain do not meet as well as they should. Consider the fact that decline rates are at eye-popping levels. […]

PYMNTS: Rethinking Card Declines, Data Security And Customer Experiences

PYMNTS chatted with Modo CEO, Bruce Parker, on the effect card declines have on merchants and their customer engagement. Read an excerpt from the interview below, or check out the full interview here.    To better serve clients and help make their businesses run smoother and more efficiently, FinTech startups are tackling an array of […]

The Nilson Report: Interoperability from ModoPayments

Originally published on The Nilson Report  ModoPayments handles distributed transaction processing on behalf of clients needing interoperability for payment and loyalty systems. The company’s cloud-based (AWS) platform, called Coin, is a utility that solves connectivity problems between different systems that need to work together. Modo offers a digital payment hub that enables connections to many […]

PYMNTS: Taking On Card Declines With Interoperability

Originally published on PYMNTS Merchants are facing a sizable number of card declines, which are stubbornly averaging at around 15 percent. That challenge is not lost on FinTech startups. “Merchants are now getting swamped with declines,” Modo Chief Executive Bruce Parker told PYMNTS in an interview. Yet around 12 or 13 percent of them fall into a […]

Gateway vs. switch: it is not an either/or only question

Originally published on The Paypers Bruce Parker, Modo, explains why gateways and switches fall short of working with “unhappy” payments and how merchants must change their tactics when going global By Bruce Parker, CEO of Modo As the number of digital payments continues to rise, there isn’t much disagreement that merchants need to be connected to […]

Less Isn’t More In Modern Disbursements

By Bruce Parker – Originally posted on PaymentsJournal  What’s the best way to disburse funds? Aha! It was a trick question. The answer depends less on you, the party sending the money, and more on who’s receiving it. For banks thinking about new ways to do disbursements, especially digital ones, and especially on the global […]

PYMNTS.com: How Airline Loyalty Points Work As Currency

Modo recently announced their partnership with Etihad Airways to turn their Etihad Guest loyalty points into a currency. The solution was a part of the Fintech Innovation Challenge in Abu Dhabi. PYMNTS spoke with us about our solution and dove into how it can work for merchants all around the globe. Read the full interview […]

Inside the Klarna/Modo deal: how to deliver fast and flexible payments

In 2016, Modo and Klarna announced their partnership to speed up time for merchants to integrate Klarna into their systems. Klarna referred to the project as “instant integration” because Modo’s technology allowed for merchants to use Klarna much faster that previously able. It’s been two years since the announcement of the partnership, and PaymentEye spoke […]

How Banks Can Connect To Emerging Payment Methods

Modo CEO, Bruce Parker, chatted with PYMNTS about why Deutsche Bank chose to invest in us, and what we can do for large banks of their size with our technology.  By PYMNTS Banks have honed their systems for decades to manage payments seamlessly and efficiently, while providing great client service with Titanic amounts of volume. […]

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