MENTOR, Ohio, Oct. 19, 2010 (GLOBE NEWSWIRE) -- CardinalCommerce, the leading enabler of payment brands worldwide, today announced that it has been issued its seventh patent by the United States Patent and Trademark Office (USPTO).
Patent number US 7,797,731 B2, entitled Centralized Identity Authentication for Electronic Communications Networks, issued on September 14, 2010, protects the Company's methods and technologies related to secure informational and transactional exchange using authentication. CardinalCommerce's products and services allow its Customers to securely process transactions or access information using any number of various authenticated payment brands and authentication credentials. The application for the granted patent dates back to March 2000.
Cardinal's IP portfolio includes seven United States, three European, and three South African patents:
"We are certainly proud of being awarded our seventh U.S. patent. The combination of this patent with the rest of the Company's patent portfolio creates an intellectual property safe haven for Customers and Partners that utilize Cardinal technology," stated Michael A. Keresman, III, Chief Executive Officer of CardinalCommerce. "Applications for electronic payment transactions, medical information access, as well as others that utilize authentication over a public network, including the Internet and mobile channels would more than benefit from Cardinal's patents, technology and know-how. We are excited about the opportunities that this creates for our Customers, Partners and Stockholders and we look forward to using our intellectual property portfolio to contribute to the growth of secure commerce worldwide."
CardinalCommerce Corporation is the global leader in enabling authenticated payments, secure transactions and alternative payment brands for both eCommerce and mobile commerce.
The Cardinal Centinel® software platform enables payment brands, such as Verified by Visa, MasterCard® SecureCode™, Amazon Payments™, Bill2Phone™, Bill Me Later®, ClickandBuy®, Cred-Ex®, Ebates™, eBillme™, eLayaway™, Google™ Checkout, Green Dot® MoneyPak®, Mazooma™, Moneybookers, MyECheck, NACHA® Secure Vault Payments (SVP), NYCE® SafeDebit™, OneTouch Online Purchasing™, Paymate, PayPal™, paysafecard, RevolutionCard™, Rialto Pay SM, SafetyPay™, TeleCheck®, and Ukash™ , to a network of thousands of merchants and merchant service providers.
The Cardinal MAX™ mobile platform provides retailers, financial institutions and processors the ability to extend traditional commerce, marketing and banking into the mobile channel. Cardinal MAX™ Customers are able to safely and securely conduct business in the mobile space via SMS, mobile internet and mobile applications.
CardinalCommerce is headquartered in Cleveland, Ohio. With facilities in the United States, Europe and Africa, Cardinal services a worldwide Customer base. For more information, visit www.cardinalcommerce.com
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CONTACT: CardinalCommerce Corporation Media contact: Christopher G. Brown, Chief Financial Officer 877.352.8444 email@example.com