CardinalCommerce (Cardinal), the pioneer and global leader in authenticating remote payments and enabling payment brands, and SecureBuy, an industry leader in fraud prevention and security technology, announced that they have entered into a settlement of a dispute that began late last year. In November of 2013, SecureBuy filed suit against Cardinal and challenged Cardinal's Universal Merchant Platform (UMP)-related inventions in the
"We are pleased with the outcome and the results of the process. We have invested in our intellectual property since the beginning and it is reassuring to know that we have been confirmed as pioneers and inventors. Our Customers benefit from our award- winning and proprietary technology. With one connection, we can FutureProofTM the industry's payment needs," commented
CardinalCommerce has been a pioneer and global leader in enabling authenticated payment transactions in the card-not-present payments industry since 1999. Through one connection to our proprietary SafeCloud™ payment platform, CardinalCommerce enables 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 the 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
About SecureBuy – A SignatureLink Company
SecureBuy is a wholly owned subsidiary of
Vice President, Marketing
Read the full story at http://www.prweb.com/releases/2014/06/prweb11950647.htm
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