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 pa...
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 wa...
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...
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...
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 efficientl...
Modo Partners with Etihad Airways to Co-Create Loyalty Solution as part of the FinTech Abu Dhabi Innovation Challenge
DALLAS, Aug. 28, 2018 — Modo, the payments technology startup focused on creating interoperability between payment systems, today announced their partnership with the leading international airlines of the UAE, Etihad Airways, to co-create a unique loy...
Finextra: Deutsche Bank buys stake in Modo to expand payments biz to non-bank platforms
Written by Finextra Deutsche Bank has moved to beef up its transaction banking franchise through the acquisition of a stake in US startup ModoPayments. Terms of the deal were not disclosed. Founded in 2010, Dallas-based Modo works to reduce friction in the p...
PYMNTS: Deutsche Bank invests in Modo
Written by PYMNTS Deutsche Bank announced that it has acquired an equity stake in Modo Payments, a payments technology company focusing on reducing friction in the payments industry. “Payments are the bloodline of banking. More and more global payme...
Finovate: Deutsche Bank Takes Equity Stake in Modo Payments
Written by Finovate Payments technology company Modo Payments announced this afternoon it received an equity investment from Deutsche Bank. The amount was undisclosed. Prior to today’s announcement, Modo had raised a total of $11.3 million since it was fo...
