Turning To APIs To Bridge The Gap Between Old And New Tech

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For FIs, the biggest roadblock to innovation is often making new technology work in harmony with legacy infrastructure.

So what’s a FI to do?

Bruce Parker, CEO of cloud-based payments utility Modo, says the answer to getting these systems on the same page may be choosing interoperability over integration.

Parker tells PYMNTS how the company works to store and categorize transaction data from almost any legacy payment system in the cloud, inside the latest B2B API Tracker.

From mom-and-pop retail shops to the world’s largest companies, nearly every business is looking to offer the latest technology to its consumers.

For many in the financial services world, though, implementing innovations is…

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