Cardinal Expands Global Patent Portfolio
Cleveland, Ohio, September 7, 2016 — CardinalCommerce, the global leader in authenticating e-commerce transactions, expanded its global patent portfolio with the addition of new patents in the U.S. and Japan. Cardinal’s technology, along with the new patents, is designed to improve authorization rates, including cross border transactions, eliminate fraud and ensure consumers can buy without unnecessary friction during the checkout process.
“Innovation has been one of the cornerstones of our success as a pioneer and leader of the global eCommerce payments industry,” said Mike Keresman, CEO of Cardinal. “These latest patents not only demonstrate our ongoing commitment to innovation but make clear our ability to secure patent protection for our intellectual property in a way that strengthens our global leadership and our competitive advantage.”
Cardinal has a portfolio of more than 63 U.S. and foreign patents. The U.S. patent, number 9,430,769, was granted August 30, 2016, by the U.S. Patent and Trade Office. Two patents were allowed by the Japan Patent Office on June 16, 2016 and July 12, 2016, respectively.
The U.S. patent is of particular note in that it demonstrates the successful acquisition of a patent for an innovation in the area of financial transactions following the U.S. Supreme Court’s 2014 decision in a landmark patent eligibility case, Alice Corp. vs. CLS Bank International.
Cardinal was able to obtain the patent by working closely with its patent attorneys, Fay Sharpe LLP, of Cleveland, Ohio, and with the USPTO patent examiners, and by providing detailed descriptions of the innovation behind the technology. “Cardinal’s technology team worked closely with us to provide the needed details about the innovation to enable us to successfully defend the patent application to the patent examiners,” said Patrick R. Roche, a partner with Fay Sharpe.
A list of Cardinal’s patents can be found at https://www.cardinalcommerce.com/Intellectual-Property/Patents
CardinalCommerce is the pioneer and global leader in enabling authenticated payment transactions in the card-not-present payments industry, and the largest authentication network in the world. Through One Connection to the proprietary Cardinal SafeCloudTM, we enable friction-free, technology-neutral authentication and alternative payment services (including digital wallets and mobile commerce services). Cardinal services, partners with and complements most providers in the marketplace to deliver their One Connection solution to secure transactions. In accommodating this growing number of payment brands and methods, Cardinal's platforms serve as universal switches, supporting virtually all merchant platforms, wallets, legacy processing systems and authentication methodologies.
CardinalCommerce is headquartered in Cleveland, Ohio and services a worldwide Customer base from facilities in the United States, Europe and Africa. For more information, visit www.cardinalcommerce.com.