About Syncada

Syncada is a joint venture between Visa and U.S. Bank. Our mission is to create an open, global payment network that allows banks to deliver a robust, standardized platform for invoice processing, payment and integrated trade finance to their commercial and government clients.

Developed within one of the United States' top financial institutions, Syncada has set the standard for online transaction processing. For more than a decade, we've been trusted to handle all types of invoices and payments—regardless of industry, payment type or geography.

Through our sponsor banks, we automate the payables and receivables process for hundreds of buyers and tens of thousands of sellers in 42 countries. In 2009, our platform processed more than USD $18 billion in network payments and more than 270 million invoices and supporting trade documents.

The Syncada network leverages a multitude of international patent filings, dating back to the mid-1990s, with dozens of issued patents, including, for example, U.S. Patents No. 5,910,896, No. 6,697,702, No. 6,704,612, No. 7,110,959, No. 7,693,791 and No. 7,627,499. Syncada is a long-standing, industry-leading business solution for making accounts payable and accounts receivable processes more efficient.

Today, Syncada offers a complete financial supply chain network to banks and their clients around the globe.

Management Team

Our executive management team is led by CEO Kurt Schneiber. Responsible for the overall management of Syncada’s business, Mr. Schneiber brings more than 20 years experience in global financial services business development, management and marketing.

With a deep, comprehensive knowledge of the banking system and the financial supply chain, our entire executive management team constantly strives to design and develop new, innovative features for our platform. Our goal: to provide banks, and their clients, with the best product possible.