CardinalCommerce Awarded US Patent for Expanded eCommerce Technology
Mentor, OH - March 4, 2014 — CardinalCommerce, the pioneer and global leader enabling remote commerce, announced it has received new intellectual property protection with regard to technology that expands its Universal Merchant Platform invention, in the form of patent US 8,650,118 B2. The United States Patent and Trademark Office (USPTO) awarded Cardinal the patent on February 11, 2014. Cardinal’s Universal Merchant Platform is a method of securely processing Consumer Authentication for eCommerce. The company’s patents on the invention date back to 2002.
The new patent, Universal Merchant Platform for Payment Authentication, provides further and strengthened protection for Cardinal’s systems with regard to various connection methods and data formats associated with processing Consumer Authentication and enabling payment methods that use authentication.
“This new patent shows Cardinal’s Customers that while we offer a time-tested software platform, we’re incorporating innovative technologies to ease implementation and seamlessly facilitate the broadest connectivity in the marketplace,” said CardinalCommerce Chief Executive Officer Michael A. Keresman, III. “We continue to ensure our Customers’ transactions get from any place to the right place, the right way. In essence, Cardinal can FutureProof™ our Customers’ payment needs with one connection — better enabling them to protect transactions, and therefore to grow and protect their eCommerce businesses.”
This most recent patent is the fourth in the US, and the sixth worldwide, granted to Cardinal in its Universal Merchant Platform family. “The new Payment Authentication patent further illustrates the unique position in which Cardinal operates within its market, as validated yet again by the utmost authority on patents, the USPTO,” said Patrick R. Roche of Fay Sharpe LLP, a nationally prominent IP law firm. “It serves to further ‘gold-plate’ Cardinal’s growing intellectual property portfolio, ensuring that Cardinal continues to have the ability to offer the protection that its Customers require.” Eric Goodman, Vice President, Global Customer Services at Cardinal, added, “Our Customers rely on Cardinal to provide the most up-to-date technology and to innovate for the future, to keep their eCommerce businesses running securely with the best Consumer Authentication platform available. With our industry-leading know-how, including this patent, we continue to build on our technology, improve our Customers’ experience and help to FutureProof their businesses.”
Cardinal’s patent portfolio now includes 36 issued patents and approximately 100 patent applications pending.
Since 1999, CardinalCommerce has been the pioneer and global leader for digital commerce, normalizing payments through one connection. With its proprietary cloud-based payment platform, Cardinal enables global capability in consumer authentication, alternative payment services including digital wallets and mobile commerce. Cardinal SafeCloudTM SaaS software platforms for merchants, banks, processors and transaction supply chain providers create friction-free interoperability among otherwise disparate and incompatible operating systems. Cardinal's platforms enable technology-neutral authentication across a wide range of applications. The Company's proprietary, patented solutions easily facilitate the addition of new technology for remote distribution channels through one connection. This allows merchants to securely accept payments from the entire financial transaction ecosystem.
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.
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