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 […]

2018 Forecast: ‘Global Local’ Becomes a Priority

By Brian Billingsley // Excerpt from the PYMNTS 2018 Forecast eBook   A quote from Bill Gates in his 1996 book The Road Ahead seems spot-on for payments: “We always overestimate the change that will occur in the next [one or] two years and underestimate the change that will occur in the next ten.” Look […]

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 [...]

Why The Future Of Payments Is Interoperable (Not Integrated)

By PYMNTS When one person is thinking about sending an email to another, there are all kinds of things to think about: how long or short to make it; whether or not to include pictures; whether an emoji is cute or will make them look immature. But what no one wonders about as they tap […]

Modo Announces Brian Billingsley, Former CEO of Klarna North America, to Join Team

Christmas comes early for Modo as Billingsley officially agrees to become a ModoNaut DALLAS, Dec. 15, 2017 /PRNewswire/ — Modo, the company that creates interoperability for payments, today announced Brian Billingsley, Former CEO of Klarna North America, as the latest to join their team. Billingsley has an extensive payments background that will play an integral role in continuing the […]

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 […]

Using Interoperability to Overcome a False Sense of Complexity

By PaymentsSource Of all the many technology innovations in the last few years, the truly unparalleled innovation is interoperability. When companies with their disparate systems and platforms can communicate and share their data the multiplier effect on new technologies and benefits is tremendous. Or, as Bruce Parker, founder and CEO of Modo, puts it: “We’re […]

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 […]

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