Fridays with Fintechs: What Have I Done?

By Bruce Parker No seriously. What have I done?! I’ve fallen for payments, and now I can’t get up. I spend all day every day pondering how payments ought to be, and how a startup focused on payments ought to be. All the little and big things that are the state of our industry, and […]

Alliance Data To Create Loyalty, Checkout Events Via Modo’s Payment Service

By PYMNTS.com Modo and Alliance Data’s Columbus, Ohio-based credit card services business announced news on Monday (Oct. 23) that they have inked a new partnership. Alliance Data can now create loyalty programs and checkout events using Modo’s cloud-based payment event service. In a press release, Modo stated that via its payment events service, it securely and fairly conducts […]

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 […]

Modo Announces the Unnouncement

Modo likes announcing announcements, you know. We announce them on high, we announce them down low. We announce them with others, we announce them alone (the latter especially when using “that tone”). We announce them on Twitter, LinkedIn, and Facebook “We’re proud to announce! Will you please have a look?” We announce about things that […]

Orchestrating Partners and Payments Across Any Payment Network

By Mercator Advisory Group Introduction Perhaps the most common point of friction between commercial partners is the effort associated with keeping the books balanced between the two entities, which typically have very different perspectives. This friction is most often addressed using trusted third parties that provide arbitration and occasionally escrow services at no small cost […]

NSFW: Raw Payments Data

Are you in a safe, private place? Okay, fine don’t leave your desk. Just shield your screen, and avoid your co-workers prying eyes because we have some raw, unfiltered payments data coming at you. A little context for what you’re about to see: We recently added Dee Hock, Founder of Visa and the “Original #PaymentsGeek […]

David & Goliath An Alternative Ending at Money20/20 Europe 2017

Banks’ greatest strengths (their size, scope and scale) can complicate the delivery of new capabilities. Collaboration with FinTech startups can be the path to creating next-generation services for global banks. When Bank of America Merrill Lynch needed to move quickly to accelerate innovation, they sought a unique partnership with a fast-moving, rip-roaring startup, Modo. In […]

Payment hubs are ‘invisible,’ but necessary for a dynamic future

By Eric Grover Two-sided retail-payment networks such as Alipay, Mastercard and Visa enjoy the limelight, enable commerce worldwide, and are taken for granted by billions of consumers and tens of millions of merchants. Near-invisible payment “hubs” are also two-sided networks, and while not glamorous, are increasingly indispensable for managing and delivering payments. At their most […]

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 […]

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