PYMNTS PODCAST: Why Merchants Should Go ‘Auth Shopping’

Originally published on PYMNTS.com   Listen to the full podcast below:   If conversion is among the most important things to a merchant, and a frictionless experience is the most important thing to a consumer, the twain do not meet as well as they should. Consider the fact that decline rates are at eye-popping levels. […]

PYMNTS: Rethinking Card Declines, Data Security And Customer Experiences

PYMNTS chatted with Modo CEO, Bruce Parker, on the effect card declines have on merchants and their customer engagement. Read an excerpt from the interview below, or check out the full interview here.    To better serve clients and help make their businesses run smoother and more efficiently, FinTech startups are tackling an array of […]

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 […]

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 […]

How Banks Can Connect To Emerging Payment Methods

Modo CEO, Bruce Parker, chatted with PYMNTS about why Deutsche Bank chose to invest in us, and what we can do for large banks of their size with our technology.  By PYMNTS Banks have honed their systems for decades to manage payments seamlessly and efficiently, while providing great client service with Titanic amounts of volume. […]

PYMNTS: Deutsche Bank invests in Modo

Written by 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 […]

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 […]

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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