Payments have been a pain point throughout the evolution of merchants. As commerce globalizes, merchants are left wondering whether they have the payment methods that people want to use through digital channels, while also facing the sheer magnitude of declines. “Merchants have problems with payments...
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...
It’s not always easy to tell the difference between the meaning of integrations and interoperability: Integrations are systems connected in the same way, while systems that are interoperable work together, but remain different. If Modo’s founder and CEO, Bruce Parker, sent you an email, for example,...
Financial institution and payments interoperability provider Modo has announced news of an addition to its team. According to a Friday company press release, Brian Billingsley, former CEO for Klarna North America, is joining the Modo family as its chief revenue officer. “I was blown away...
October 17, 2017
Each event in life is made up of smaller decisions and actions, all combined in moving parts to make a cohesive whole. Why should payments be any different? Modo is emerging from a self-imposed dark period with the goal of changing the way we talk about payments — and the change should go well beyond semantics, CEO Bruce Parker told PYMNTS’ Karen Webster.