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 […]

FinTech Firms On The New FinTech Charter

Modo CEO, Bruce Parker, spoke with PYMNTS about the recent US Department of Treasury report on supporting FinTech growth and innovation in the States.  Getting bogged down in a maze or taking unnecessary risks — the current climate for FinTech in the United States often leaves players with only those two stark choices, according to […]

Modo: Interoperability Can Help eCommerce Merchants Work With Wallets

Modo CEO, Bruce Parker, spoke with PYMNTS on the differences between interoperability and integrations in payment systems. We know they sound like similar words, but the differences between them are abundant and have a huge impact on how systems are connected. Modo is fully on the interoperability train – find out why below.  It’s not […]

Money20/20 Session: Corporates + Startups = Innovation

Some of our favorite #paymentsgeeks Bruce Parker, Founder & CEO of Modo, and Amy Neale from Mastercard took the Money20/20 Europe stage to speak on the importance of collaboration between startups and corporates. Amy is leading the charge for Mastercard’s very successful Start Path program that works with later stage startups. Modo was selected by […]

Modo: Interoperability Is Payments’ Better Mouse Trap

Our fearless leader, Bruce Parker, spoke with PYMNTS about how Modo is changing the payments game through interoperability. Modo’s payments utility enables interoperability between systems and allows payment systems to exchange payments data without having to make any changes to their existing infrastructure. Read more about it in this excerpt from PYMNTS’s interview with Bruce.  […]

PYMNTS Mid-Year eBook: The Future Fissures in Fintech

Modo CEO, Bruce Parker, spoke with PYMNTS about his payments predictions for the remainder of 2018. You can read Bruce’s full excerpt from the Mid-Year eBook below.  By Bruce Parker    Maybe, just maybe, the glacier that is payments infrastructure is shifting.  Even possibly … calving! A long, long time ago when banks were created […]

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