Bloomberg: Deutsche Bank Pushes Digital With Second Fintech Deal This Year

Written by Bloomberg   Deutsche Bank AG beefed up its digital banking operations again with a second investment in a fintech startup within four months, a move that points to a slow revolution at one of its most important divisions. The German lender, which has been shrinking staff and operations internationally, agreed to buy an unspecified […]

Deutsche Bank takes stake in payments technology start-up Modo

Deutsche Bank to expand payments business to fast growing non-bank platforms. Focus on mobile wallets and peer-to-peer networks Deutsche Bank today announced that it has acquired an equity stake in US-based ModoPayments, LLC (Modo), an industry leader in digital payments innovation. In line with Deutsche Bank’s strategy to grow its transaction banking franchise, Modo’s technology […]

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.  […]

Money20/20 #PaymentsGeek Quiz Prep

Modo CEO, Bruce Parker, is speaking on stage with Amy Neale from Mastercard Start Path at Money20/20 Europe. Come take the official #paymentsgeekquiz at the session and get a little math lesson on why Corporates + Startups = Innovation.   Session Details: The Joint Fintech Formula Tuesday, June 5 at 5:20 PM The Lion’s Den […]

Sharing Success on Small Business Week

PYMNTS spoke with our CEO, Bruce Parker, to get the inside scoop on starting a company in honor of National Small Business Week. Read excerpts from the interview featured on PYMNTS.com below.   PYMNTS: As a thriving and fast-growing startup, what advice do you have for entrepreneurs who are on the verge of launching their […]

What makes a ModoNaut?

At Modo, we’re working every day to do the most good for the most people by reducing friction in payments. That starts by making better, faster connections between payment systems. But the true driving force behind our purpose is the people doing the work – the ModoNauts who are giving their time and effort to […]

Thanksgivings from the ModoNauts

  Thanksgiving is a time to pause and reflect, and at Modo we reflect the very best with lots of food. And drink. And more food. Lucky for us, we had a lot to be thankful for this year so this meant a very unhealthy amount of eating. As we sat around enjoying each other’s […]

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 […]

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 […]

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