Payments 2017: The Year of No Disruption

PYMNTS.com 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 […]

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 […]

Modo Announces Addition of Matthew R. Leavenworth, Former Head of Strategy and Innovation, Global Transaction Services, BAML

Matthew R. Leavenworth, Former Head of Strategy and Innovation, Global Transaction Services, Bank of America Merrill Lynch   Wow, that’s a long title. We’ll call him MRL. Or maybe just Jelly. DALLAS, July 13, 2017 /PRNewswire/ — Modo, the payments technology company leading the connection of legacy financial services infrastructure to new digital experiences, today announced the addition […]

A COIN By Any Other Name

By PYMNTS Bruce Parker, CEO of ModoPayments, checks in with PYMNTS Karen Webster on the value of interoperability and how their COIN technology is powering some of the most innovative solutions for payment’s biggest players. Payments are often described like the Tower of Babel, with disparate platforms trying to talk to each other without speaking […]

In the Internet of Things, is a payments ‘hub’ better than a product?

ModoPayments is fresh off a string of new customer implementations with COIN, its payment “hub” approach for merchants and banks, and it’s already looking ahead to bigger prospects with the emerging Internet of Things (IoT). “COIN acts like a bridge, handling payments from the accounting and settlement to encryption and compliance, freeing companies up to […]

Bank of America Teams Up With ModoPayments

PYMNTS Bank of America Merrill Lynch, a player in transaction services, and ModoPayments, a digital payments company, announced Thursday (Oct. 20) a strategic relationship that will give the bank access to Modo’s patented COIN Operated Digital Payments Hub. In a press release, the companies said, through the hub, Bank of America Merrill Lynch clients will […]

Bank of America Connects To Digital Payment Networks With Modo

Finextra Bank of America Merrill Lynch, a global leader in transaction services, and ModoPayments, LLC (Modo), an industry leader in digital payments innovation, today announced a strategic relationship that will give the bank access to Modo’s patented COIN Operated Digital Payments Hub. Through the hub, Bank of America Merrill Lynch clients will have the ability […]

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