Datatreasury For Small Businesses, Banks And Financial Organizations

DataTreasury Corporation is a company that specializes in acquiring, developing and licensing it secure check imaging technology to companies like banks, financial organizations and other small companies. The company was established in 1998 as there was a need for a platform that could help market the technology to companies having an understanding of the worth of intellectual property. It is located in Plano, Texas, United States. Banks were in immense need of such a technology as they spent a bulk of money every year in the transfer of important documents and data.

It all happened due to the efforts made by a single man, named Claudio Ballard. Ballard was a computer engineer and one 1994 night he went to a local pizzeria with his dad for having dinner. There he found the man at the restaurant using shoe boxes for storing important information like credit card receipts. Ballard thought to himself that there had to be a technology that would help store securely important information, images, documents and data. He started working on these lines and came up with the secure check imaging technology that year itself. A year after he also developed the working prototype for his technology.

After the foundation of DataTreasury Corporation, Ballard also received the patents for his technology in 1999 and 2000. The company started to license its technology to the companies and organizations that asked for it and were in need of the technology.

Everything was working out quite well, until some of the banks decided to play foul and use the technology as their own. This is what earned the anger of DataTreasury and the company went on to sue those banks, though several of those banks later settled the cause with the company. The company’s own intellectual property is also being faced with tests and trials currently at many courts. The intellectual property of DataTreasury also is being faced with challenges at the United States Patent Office by the defendants who have access to the largest law firms and the most powerful lobbying groups in the world, as well as have access to a huge legal budget.

Global Repository Platform

The Global Repository Platform or GRP is a storehouse for storing securely, managing as well as retrieving different kinds of restricted information and data. This is the platform that offers unparalleled levels of security and accountability that has been formulated for ensuring the security and location of information and also assuring only authorized personnel access to the restricted information.

The GRP is an information platform that has the ability to support different kinds of files, documents and images for their storage, retrieval and management. Support is rendered for the processing if documents and electronic data which have been associated with many applications that include business, sales, banking as well as the general consumer transactions.

If you have plans to be licensed the technology of DataTreasury Corporation, make sure that you have read through their licensing policy and understood it and also have knowledge on and respect for intellectual property.

DataTreasury Corporation is a specialist in secure and remote image capture through transaction processing that has been supported by centralized storage capacities.