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Article: Actrade Financial Technologies Announces Change in Strategic Direction; Establishes E-TAD Clearing Center, Inc. (ECC).
- Article from:
- PR Newswire
- Article date:
- March 12, 2002
CopyrightCOPYRIGHT 2002 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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NEW YORK -- Actrade Financial Technologies, Ltd., , a leading provider of electronic payment technologies that deliver financial solutions for large-scale commercial transactions, today announced a change in the strategic direction of the company to more appropriately reflect its next stage of development. Actrade will focus on the licensing of its payment processing technology through strategic alliances and to financial institutions.
In conjunction with this new strategy, the company announced the creation of the E-TAD Clearing Center, Inc ("ECC") to provide payment, settlement and data management services. The ECC, located in Somerset, New Jersey, will ...