Settleware Awarded Patent for E-Signing Technology
July 10, 2012
The U.S. Patent and Trademark Office recently expanded Settleware Secure Services’ patent portfolio by awarding the company patent No. 8,204,807 relating to its e-signing technology.
Settleware’s e-signing technology enables parties involved in a transaction to use electronic and digital signatures to sign documents seamlessly and securely at any time online. It is also certified by the real estate and mortgage industry, including lenders, secretaries of state, county recorders, MERS eRegistry and Fannie Mae.
Settleware’s technology continues the advancement of paperless technology and transactions throughout various market segments including the real estate and mortgage industries.
With Settleware’s e-signing technology, users do not have to chase down signatures or worry about missing pages. Documents protected by Settleware are 100 percent compliant and tamper sealed to guarantee integrity and confidentiality.
“After working in the real estate industry for three decades, I saw that there was a need to streamline real estate and mortgage transactions,” said Rick Triola, founder and CEO of Settleware. “I knew there had to be a better way to conduct business, and Settleware is proud to provide that solution. This announcement is proof of the novelty of Settlware’s e-signing technology. It is a game-changer because it solves the problem of paper and eliminates the associated stress inherent with typically the largest purchase most consumers would ever make in their lifetime. 'Pen on paper' will soon be a thing of the past.”