A Vivid Analysis on DataTreasury Corporation and Its Patented Technology

Published: 07th July 2011
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While speaking about DataTreasury Corporation, the foremost name that comes in our mind is none other than the well-known Claudio Ballard and his patented secure check imaging technology. In the year 1994, Ballard invented this technology, with the sole purpose of providing utmost security to all those financial organizations and banks, which remain highly concerned regarding the security of their valuable data and possessions.

Ballard was a computer engineer by profession and thus one day, when he saw a man at the restaurant to store credit card receipts in the shoe boxes, it forced him to think on this very aspect and he thought that there must be some improved way in order to preserve such crucial data and information. Thus, it eventually resulted in the creation of the secure check imaging technology.

Now, after coming up with this technology, Ballard was in need of a platform through which he would be able to promote the same and it eventually resulted in the formation of DataTreasury Corporation. In 1998, Ballard founded DataTreasury and since its very advent, it proved to be an asset for all the first-rate financial organizations of the country.


In the years 1999 and 2000, the company was granted its first two network architectural patents. The secure check imaging technology, invented by Ballard, soon began to fulfill all the deficiencies of the traditional imaging and transaction processing techniques and it further instigated a large number of organizations to opt for the same.

The banks were especially in need of this technology and hence, quite presumably, most of them started to opt for the assistance of DataTreasury Corporation. Everything was going quite well, until and unless some of the banks started to claim this patented technology as their own without even the approval of DataTreasury.

This very act of the banks annoyed Ballard to a large extent and he was left with no other option instead of prosecuting the same on the ground of forgery. Although, some of the banks of New York have already settled the dispute, but still DataTreasury is leaving no stone unturned to mitigate this very aspect. According to the news reports, DataTreasury Corporation has even appointed their own Washington supplicant in order to deal with this very aspect.


However, these days, the intellectual property of DataTreasury Corporation is itself undergoing several tests and trials in the court of USA and is even being challenged at the United States Patent Office by the defendants. Moreover, the defendants have even access to some of the largest law firms and lobbying groups of the world.
In fact, truly speaking, these days, the situation has turned so extreme that recently Claudio Ballard has even been summoned at the Supreme Court of New York along with some of his business partners.

However, even after all of these adversities, DataTreasury Corporation still holds a reputation of its own and is presently serving some of the some of the top notch organizations like the United States Department of Treasury, Internal Revenue Service and lots more.


DataTreasury Corporation was established by Claudio Ballard in 1998, with the sole purpose of promoting his innovation, the secure check imaging technology. However, presently, DataTreasury is undergoing several tests and trials at the courts and Ballard is even being summoned at the Supreme Court of New York.

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Source: http://bettyparker.articlealley.com/a-vivid-analysis-on-datatreasury-corporation-and-its-patented-technology-2309108.html


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