Welcome to Payments Innovation! In our most recent podcast episode, Chris (Currencycloud) interviewed Bruce Parker (Modo Payments) about what he means when he says payment interoperability.
After two decades in the software side of the payments business, Bruce has seen a lot of technology and infrastructure challenges when it comes to managing data in payments… and navigating exchange between systems and networks among all the various participants in the payments ecosystem.
At Modo, he’s focused on how payment data gets exchanged—and, in particular, how to achieve interoperability. “What Modo does is connect the dots,” Bruce said. “We connect between the new and the old.