TradeCard Inc, the end-to-end financial supply chain service provider for global trade partners, has been granted a patent in Singapore
“Each patent that we receive proves the uniqueness of the TradeCard service,” says Kurt Cavano, chairman and CEO, TradeCard. ” The data compliance and settlement engine is a vital part of the TradeCard user experience and functionality and we view the patent as essential to differentiating and protecting our service from others.”
The TradeCard Platform is now patented in the US, Taiwan, and Singapore, and is pending patent protection in additional countries and regions around the world, including Europe, where the European Patent Office recently notified TradeCard of its intention to grant TradeCard a European patent.
TradeCard is the only end-to-end financial supply chain service provider that enables transparent commerce among global trade partners over an open, secure and neutral network, claims the firm. For the first time, buyers and sellers can manage transaction workflow with complete visibility into purchasing and financial transactions, from order to settlement, resulting in optimized cashflow and credit lines.
With TradeCard, global trading partners can realise unprecedented value from the financial supply chain including immediate cost savings, improved partner relationships and shortened trade cycles. TradeCard offers the most expansive network of extended trade services including export and vendor financing, payment assurance, money movement and inspection. This range of offerings makes TradeCard a proven alternative to traditional paper-based, expensive and labour-intensive trade settlement methods, the company declares. Headquartered in New York City , TradeCard has offices in the San Francisco Bay Area, Hong Kong , Taipei , Seoul and Tokyo . TradeCard is a registered trademark in the United States and elsewhere throughout the world.