For startups, it’s never easy explaining when they’re doing something the same yet different. The payments industry already has switches, gateways and hubs to connect the one to many, the many to one and the many to many — so, what makes Modo any different?...
Being a startup means constant chaos. Hopefully controlled chaos, but chaos nonetheless. Yet it’s an exciting time in any company’s lifecycle, and entrepreneurs seem to enjoy the ride, somehow thriving on the whirlwind of activity. “All my startup friends have been telling me to expect...
Class is in session! For the summer. Today, (June 26), Mastercard announced news that it admitted six new startups into the Start Path program’s class of 2017. So far, Mastercard says that Start Path has helped 150 later-stage tech and FinTech startups grow from “good to great to...
Payments are often described like the Tower of Babel, with disparate platforms trying to talk to each other without speaking the same language. It’s this inability to communicate that is causing connections to fall apart through the lifecycle, from initiation at the point of sale...
November 12, 2018
Decline rates are on the rise, reaching 30 percent of CNP transactions, depending on where one looks. Bruce Parker, CEO of ModoPayments, said that’s a bit of a black box and plumbing issue, where going “auth shopping” might help boost conversion rates. A marketplace model among payment services, too, may open up a whole new eCommerce world for merchants.
June 26, 2017
Class is in session! For the summer. Today, (June 26), Mastercard announced news that it admitted six new startups into the Start Path program’s class of 2017. So far, Mastercard says that Start...
June 21, 2017
Payments are often described like the Tower of Babel, with disparate platforms trying to talk to each other without speaking the same language. It’s this inability to communicate that is...
October 21, 2016
Bank of America Merrill Lynch, a player in transaction services, and ModoPayments, a digital payments company, announced Thursday (Oct. 20) a strategic relationship that will give the bank access to Modo’s patented COIN Operated Digital Payments Hub. In a press release, the companies said, through the hub, Bank of America Merrill Lynch clients will have the ability […]
