Webinar: More than Loyalty

How the “Open Economy” is Changing Loyalty Points FIS, a global leader in financial services technology, is partnered with Modo to power connections for their loyalty solution Pointopia™. Pointopia “combines all rewards points, coupons and offers from participating retailers, service providers and financial institutions; it then aggregates all rewards, turning them into currency that can […]

CardRates: Modo Helps Financial Institutions Connect the Dots

Originally Published on CardRates In a Nutshell: Payments systems have evolved rapidly in the digital age, and banks and other financial services companies have had to utilize multiple legacy systems from various companies to keep up with demand and preference. Modo helps companies with technology that allows for interoperability between multiple payments systems. The company currently focuses on, pay-outs, […]

Fintech 2.0: Collaboration + Innovation = Celebration!

Celebrations rang out at Money20/20 as Bruce Parker, Modo Founder and CEO, and Rick Striano, Managing Director Digital Product Development at Deutsche Bank, spoke on stage about the recent Modo Deutsche Bank partnership. We’re working to expand the bank’s payments business to fast-growing, non-bank platforms with a focus on mobile wallets and peer-to-peer networks. Continue reading […]

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.com: How Airline Loyalty Points Work As Currency

Originally published on PYMNTS When it comes to using loyalty points as a currency, some might underestimate the difficulty of such an application: “People kind of shrug,” Modo CEO Bruce Parker told PYMNTS.com in an interview. They think that “deploying loyalty points and redeeming them for stuff seems like something that should be pretty easy.” Consumers may be used to […]

PaymentEye: 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 […]

PYMNTS: How Banks Can Connect To Emerging Payment Methods

Originally published in PYMNTS Banks have honed their systems for decades to manage payments seamlessly and efficiently, while providing great client service with Titanic amounts of volume. However, they face a challenge when it comes to working with emerging forms of payments. “It’s hard to get those systems now to interact with things that are […]

PR: 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 loyalty solution for the airline industry as part of the FinTech Abu Dhabi Innovation Challenge (the Innovation Challenge). The annual Innovation Challenge, an […]

Finextra: Deutsche Bank buys stake in Modo to expand payments biz to non-bank platforms

Originally published on 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 payments industry through technology that creates interoperability between systems, without needing changes […]

PYMNTS: Deutsche Bank invests in Modo

Originally published in 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 payments are executed electronically via FinTech and online platforms,” John Gibbons, head of global transaction banking at Deutsche […]

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