ModoPayments handles distributed transaction processing on behalf of clients needing interoperability for payment and loyalty systems. The company’s cloud-based (AWS) platform, called Coin, is a utility that solves connectivity problems between different systems that need to work together. Modo offers a digital payment hub that enables connections to many processors, acquirers, and alternative payment networks with one technical integration. Modo says its overall exception item rate is 0.05% and trending lower. Mastercard used Modo last year in an internet of things (IoT) pilot as a way t...