A Synopsis on DataTreasury Corporation and its Patented Technology

In the year 1998, DataTreasury Corporation was invented by Claudio Ballard in Melville, New York, with the sole purpose of promoting his radical innovation, the secure check imaging technology. Primarily, DataTreasury was established for marketing technology, which chiefly dealt on electronic check processing, documents and all other correlated payment processing tools. However, gradually it began to evolve and is presently considered as a professional, which specializes in secure remote image capture with transaction processing and centralized storage.

Since its arrival, DataTreasury proved to be a beneficial aspect for all the banks, pecuniary firms, and small businesses and this is also one of the prime reasons behind its colossal popularity. In the years 1999 and 2000, Ballard even succeeded in obtaining the exclusive rights for his secure check imaging technology under the name of DataTreasury Corporation.

Additionally, the patented technology of DataTreasury Corporation even features all state-of-the-art technological facets and thus it further eradicates all those flaws, which occurs during the conventional imaging and transaction processing techniques.

Furthermore, DataTreasury even enables its clienteles to access the all-inclusive document imaging and transaction solutions, which encompass few of its main technological standards, such as,
• Fault Tolerance
• Highly Secure Image File Storage
• Ongoing Innovation
• Dependable Transaction Processing

Apart from this, DataTreasury Corporation even comes up with the enhanced feature of intellectual property convoyed with biometric elements. These elements have been exclusively designed to enhance the security of all sorts of transactions and it even verifies the original identity of the transaction initiators.

DataTreasury further treats the clients with the additional benefit of Global Repository Platform (GRP), which enables them to store all of their confidential data and information in a secured way. However, this facility can only be accessed by the employees of the client companies.
From the very beginning, Ballard was quite confident that DataTreasury’s patented technology would be highly appreciated by all the top rated organizations of the country and eventually it happened. As most of the banks were already spending a large amount of money in transferring their imperative data and information, thus, quite expectedly, they welcomed this cost-effective technology instantaneously.

However, things started to change drastically when some of the banks, which were in fact the clients of DataTreasury Corporation started to acclaim its patented technology as their own without even the proper approval of the latter. This very act of the banks infuriated both Ballard and the members of DataTreasury to a large extent and they eventually filed lawsuits against these banks, which generally include the prominent Bank of America, Citigroup Inc etc.

However, the defendants have also access to some of the superlative legal representative officials and hence they even challenged the intellectual property of DataTreasury at the United States Patent Office. In fact, these days, the intellectual property of the company is even undergoing several tests and trials in the various courts of USA. Recently, Claudio Ballard has even been summoned at the Supreme Court of the State of New York, which further signifies the problematic scenario of this organization.


With the patented technology of DataTreasury Corporation, now the companies can preserve all of their important data and information in an effective manner. However, presently, the intellectual property of DataTreasury is going through several tests and trials in the courts of USA.