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Under the amended
Corporate Governance Guidelines, any nominee in an uncontested election who receives a greater number of âagainstâ votes than âforâ votes shall promptly tender his or her resignation following certification of the vote. The 12 Corporate Governance and Nominating Committee shall consider the resignation offer and shall recommend to the Board the action to be taken. In considering whether to recommend accepting or rejecting the tendered resignation, the Corporate Governance and Nominating Committee will consider all factors that it deems relevant including, but not limited to, any reasons stated by stockholders for their âwithheldâ votes for election of the director, the length of service and qualifications of the director, their Corporate Governance Guidelines and the director's overall contributions as a member of Board. The Board will consider these and any other factors it deems relevant, as well as the Corporate Governance and Nominating Committee's recommendation, when deciding whether to accept or reject the tendered resignation. Any director whose resignation is under consideration shall not participate in the Corporate Governance and Nominating Committee deliberation and recommendation regarding whether to accept the resignation. The Board shall take action within 90 days following certification of the vote, unless a longer period of time is necessary in order to comply with any applicable
734:. The VX Evolution devices also integrate the company's NFC software technology to manage multiple NFC-based mobile wallets, applications, and programs. It also offers various other VX model countertop devices, including a hybrid device that reads both magnetic strip and chip card transactions using a single card reader, offering options for a range of connectivity choices, and battery operated and color displays. The company also supplies PIN pads that support credit and debit card, EBT, EMV, and other PIN-based transactions, and include multiple connectivity options, including a 3G option and NFC capability. Its countertop devices also support a range of applications that are either built into electronic payment systems or connect to electronic cash registers (ECRs) and POS systems. In addition, it offers a range of certified software applications and application libraries that enable its countertop systems and PIN pads to interface with major ECR and POS systems.
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Committee consults with independent compensation experts and seeks to structure the program so as to not encourage unnecessary or excessive risk taking. Company's compensation program utilizes a mix of base salary and short-term and long-term incentive awards designed to align the executive compensation with success, particularly with respect to financial performance and stockholder value. The
Compensation Committee sets the amount of company's executivesâ base salaries at the beginning of each fiscal year. A substantial portion of bonus amounts are tied to overall corporate performance and stockholder value. Compensation provided to the executive officers also includes a substantial portion in the form of long-term equity awards that help align executivesâ interests with those of its stockholders over a longer term.
783:, digital offers, and other value-added services using a POS device. Its multimedia consumer-facing products are offered under its âMX solutionsâ brand. These products include color graphic displays, interfaces, ECR compatibility, key pads, signature capture functionality, and other features that serve customers in a multi-lane retail environment. The company's âMX solutionsâ also feature a modular hardware architecture that allows merchants to introduce capabilities, such as contactless or NFC. Its âMX solutionsâ include a range of products that support these same features in self-service market segments, such as taxis, parking lots/garages, ticketing machines, vending machines, gas pumps, self-checkouts, and quick service restaurants.
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covers various country level registrations that the company had previously filed) for âVERIFONEâ trademark, including its ribbon logo. On
November 3, 2014, The company unveiled a new corporate logo, and brand identity that represents a new Verifone that is driving the future of commerce in a rapidly evolving digital world where electronic payments, commerce and mobility are converging. From its beginnings as the first payment device manufacturer, Verifone's product and point-of-sale service offerings have changed considerably. Verifone offer payment technology expertise, and services that add value to the point of sale with merchant-operated, consumer-facing and self-service POS payment systems.
506:, Verifone has rolled out a suite of software products targeted at consumers, merchants, and financial institutions allowing secure purchases and other transactions online. Purchases over the Internet, which still produced as little as $ 10 million in 1995, were expected to reach into the billions by the turn of the century. Verifone has also been working to marry the smart card to the Internet; in 1996, the company introduced the Personal ATM (P-ATM), a small smart card reader designed to be attached to the consumer's home computer, which will enable the consumer not only to make purchases over the Internet, but also to "recharge" the value on the card. Verifone has also partnered with
657:, and has marketing and sales offices across the world. High economic growth abroad, coupled with infrastructure development, support from governments seeking to increase value-added tax (âVATâ) and Sales Tax collections, and the expanding presence of IP and Wireless communication networks resulted in revenue from abroad exceeding revenue generated from domestic sales. Specifically, its North America market share fell from 57.4% of total revenues in 2006, to only 39% or $ 359.14 million in total revenues for fiscal 2008. On the other hand, International operations went from comprising only 42.5% of total revenues in 2006 to 61% or $ 564.46 million of total revenues in 2008.
762:-integrated communications modules. The Vx670, in particular, is a deterrent against the theft of credit information because the customer is not required to relinquish possession of his or her credit card; instead transacting directly with the Vx670 in a 'pay at table' sense. The Vx510 is repackaged as Omni 3730, capitalizing the huge sales of the Omni 3700 series. A derivative of Omni3730 is the Omni 3750LE, which has reduced features, but lower price. The VX Evolution devices integrate the company's NFC software technology to manage multiple NFC-based mobile wallets, applications, and programs.
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exposures related to compliance with legal and regulatory requirements, and management's actions to monitor and control such exposures. The Vice
President of Internal Audit reviews with the Audit Committee company's annual operational risk assessment results and at least once each quarter the results of internal audits, including the adequacy of internal controls over financial reporting. The Vice President of Internal Audit and Chief Information Officer report to the Audit Committee on information systems controls and security.
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to policies and approved guidelines, information systems and security over systems and data, treasury, insurance structure and coverage, tax structure and planning, worldwide disaster recovery planning and the overall effectiveness of company's operations risk management policies. The Audit
Committee is generally scheduled to meet at least twice a quarter, and generally covers one or more areas relevant to its risk oversight role in at least one of these meetings.
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574:. To place the company close to technological developments in France and the rest of Europe, Verifone opened its Paris research and development center in 1994. The company launched its smart card in May 1995. The company introduced its Personal ATM, a palm-sized smart card reader capable of reading a variety of smart card formats, in September 1996, with the product expected to ship in 1997. Among the first customers already signed to support the P-ATM were
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the first time. In August 1995, however, Verifone took an even bigger step into the
Internet transaction arena, with its $ 28 million acquisition of Enterprise Integration Technologies, developer of the S-HTTP industry standard for safeguarding transactions over the World Wide Web. Verifone followed that acquisition with a $ 4 million investment in William Melton's latest venture, CyberCash Inc., also working to develop Internet transaction systems.
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555:, Singapore, England, Dallas, and Ft. Lauderdale, in addition to its Hawaii and California facilities. Rolling out its Gemstone line of transaction systems, which added inventory control, pricing, and other capabilities, Verifone was aided by announcements from Visa and MasterCard that the companies would no longer provide printed warning bulletins, while requiring merchants to seek authorization for all credit card transactions by 1994.
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include
Verifone software in their Internet browsers, Verifone and Microsoft announced in August 1996 that Verifone's virtual point of sale (vPOS) would be included in the Microsoft Merchant System to be released by the end of the year. Verifone's announcement of the P-ATM, able to be attached as a computer peripheral, wedded the company's smart card and Internet transaction efforts.
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payment-enabled media, and payment system security; and server-based payment processing software and middleware. Further, the company offers equipment repair or maintenance, gateway processing, remote terminal management, software post-contract support, customized application development, helpdesk, customer service, warehousing, and encryption or
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with the purchase of the transaction automation business of Icot Corp., then second in the market with a 20.5 percent share. The acquisition boosted
Verifone's revenues to $ 125 million. By then, Verifone had entered the international market, starting with Australia in 1988 and placing its millionth ZON system in Finland in 1989.
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and corporate governance. The Board and its committees meet throughout the year on a set schedule, usually at least once a quarter, and also hold special meetings from time to time. Agendas and topics for Board and committee meetings are developed through discussions between management and members of
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In 2010 Verifone announced the VX Evolution product line, designed to PCI PED 2.0 specs and providing native support for VeriShield Total
Protect, Verifone's encryption and tokenization solution. The VX Evolution line is an extension of Verifone's countertop and PIN pad products and included a number
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and ZON Jr XL(1987), Omni 460 (1991) and Omni 3200 (1999) which were the most successful transaction terminals of their times. The company's most popular current products include the Omni 3700 Family, featuring the Omni 3750 and Omni 3740. In 2004, Verifone introduced its newest line of products, Vx
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functions, as well as payment systems for integration. In addition, it provides mobile payment methods for various segments of the mobile point of sale environment; contactless peripherals; network access devices; security systems; payment-as-a-service and other managed services, terminal management,
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Bank, and Sweden's
Sparbanken Bank. Contracts for each called for the purchase of a minimum of 100,000 units; the total market potential for the device was estimated at more than 100 million households. In addition, Verifone began developing smart card readers to supplement and eventually replace its
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By the beginning of the 1980s, the major credit card companies began seeking methods to reduce processing costs and losses due to fraud. In 1981, Visa and MasterCard began offering merchants discounts on their transactions if they agreed to use newly developed automated transaction technology for all
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A contested election is defined as an election for which company's Corporate Secretary determines that the number of director nominees exceeds the number of directors to be elected as of the date that is ten days preceding the date their first mail notice of meeting for such meeting to stockholders.
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Throughout each fiscal year, the Audit Committee invites appropriate members of management to its meetings to provide enterprise-level reports relevant to the Audit Committee's oversight role, including adequacy and effectiveness of management reporting and controls systems used to monitor adherence
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has developed its own series of proprietary electronic payment systems for the U.S. market. Moreover, Verifone competes with suppliers of cash registers that provide built in electronic payment capabilities and producers of software that support electronic payment over the internet, as well as other
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Inc., a developer of Internet, interactive television, computer network, and other software, to couple Verifone's Virtual Terminal softwareâa computer-based version of its standard transaction terminalâwith BroadVision's offerings, thereby extending Verifone's products beyond the retail counter for
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The company doubled revenues, to about $ 30 million, in 1986. By January 1988, Verifone controlled more than 53 percent of the POS systems market. Revenues had reached $ 73.4 million, with net earnings of more than $ 6 million. The following year, the company increased its dominance in the industry
533:
Verifone introduced its first POS product in 1982. By lowering manufacturing and operating costs through outsourcing production, Verifone brought its first system to the market at $ 500. Working with Visa, Verifone captured a large share of the POS market. In 1984, the company introduced ZON credit
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Founded in Hawaii, U.S. in 1981, Verifone in 2014 operated in more than 150 countries worldwide and employed nearly 5,000 people globally. Verifone's steady growth came organically through a dedication both to innovation and strategic partnerships, and from smart acquisitions. Core focus and growth
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Guidelines in fiscal year 2013 to adopt a majority voting provision which became effective immediately following the close of it 2013 Annual Meeting of Stockholders. Such provision provides that, in an uncontested election of directors, each director shall be elected by the vote of the majority of
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Verifone, Inc. is an international producer and designer of electronic payment methods and devices. The company divides its business into two segments: Systems Solutions and Services. Systems Solutions consists of operations related to the sale of electronic payment products that enable electronic
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Since the late 1980s, Verifone has held more than 60 percent of the U.S. market, and during the 1990s the company captured more than half of the international market for such systems. In 1996, the company placed its five millionth system. Domestic and international sales of POS systems continue to
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The Compensation Committee oversees risks associated with company's compensation policies and practices with respect to executive compensation and executive recruitment and retention, as well as compensation generally. In establishing and reviewing the executive compensation program, Compensation
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Under the Corporate Governance Guidelines of the company, the Board is free to select its Chairman and company's CEO in the manner it considers to be in its best interests at any given point in time. Since 2008 the positions of Chairman of the Board and CEO have been held by separate persons. The
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Verifone is one of the top three providers of electronic payment systems and services in the world. The markets for this company's products are highly competitive, and have been subject to price pressures. Competition from manufacturers, distributors, and providers of similar products have caused
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has primary responsibility for overseeing their enterprise risk management process. The Audit Committee receives updates and discusses individual and overall risk areas during its meetings, including financial risk assessments, operations risk management policies, major financial risk exposures,
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interface for merchants conducting sales with consumers; Internet Gateway or vGATE, to conduct transactions between merchants and financial institutions; and the Pay Window interface for consumers making purchases on the Internet. After securing agreements from Netscape, Oracle, and Microsoft to
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Revenues jumped from $ 155 million in 1990 to $ 226 million in 1992. Verifone had just placed its two millionth system a year ago. By 1993, Verifone systems were in place in more than 70 countries, including its three millionth system, in Brazil, representing the company's expansion in the Latin
438:
As of October 31, 2013, the company held trademark registration in 22 jurisdictions (including registration in the EU that covers various country level registrations that the company had previously filed) for the âVERIFONEâ trademark and in 32 jurisdictions (including registration in the EU that
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Verifone went public in March 1990, raising more than $ 54 million. As the credit card industry matured, Verifone pushed to install its systems into new markets, such as restaurants, movie theaters, and taxis, as well as developing software capacity to bring its systems into the health care and
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Banks began rolling out debit cards in the mid-1990s. In response, Verifone produced terminals designed with keypads for PIN numbers. But as the domestic credit and debit card markets neared saturation, Verifone changed its primary focus to producing software applications, offering vertically
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oversees risks related to company's overall corporate governance, including development of corporate governance principles applicable to company, evaluation of federal securities laws and regulations with respect to its insider trading policy, development of standards to be applied in making
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The company also offers multimedia consumer facing POS devices; unattended and self-service payment methods designed to enable payment transactions in self-service environments; and integrated electronic payment systems that combine electronic payment processing, fuel dispensing, and
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transactions. The Services segment includes warranty and support services. In fiscal year 2008, Verifone's Systems Solutions segment generated 87.5% of total revenues, which amounted to $ 807.46 million, while its Services segment contributed 12.5%, or $ 114.46 million in revenue.
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In October 2004, Israeli-based Lipman Electronics had acquired United Kingdom-based Dione plc, to go alongside its "NURIT" brand. On November 1, 2006 Verifone completed its acquisition of Lipman, and added both Dione and NURIT products to its portfolio for an undisclosed sum.
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terminal, the MX 870. The MX 870 is capable of full screen video and is used to build applications by Verifone customers. The MX 870 is the first in the MX 800 series of Visual Payment Terminals, to compete with MX 850, MX 860 and MX 880. All of these terminals run
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the Board and its committees. Information and data that are important to the issues to be considered are distributed in advance of each meeting. Board meetings and background materials focus on key strategic, operational, financial, enterprise risk, governance and
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health insurance markets and to government functions. International sales also began to build, as use of credit cards became increasingly accepted in foreign markets. VeriFone was also building its global operation, opening facilities in
1352:
In considering best practices of corporate governance among peer companies and governance practices recommended by shareholder advisory organizations and supported by company's stockholders, company amended its Bylaws and the
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the votes cast (meaning the number of shares voted âforâ a nominee must exceed the number of shares voted âagainstâ such nominee), and in a contested election, each director shall be elected by a plurality of the votes cast.
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Board believes that this structure is appropriate for them because it allows CEO to focus his time and energy on leading its key business and strategic initiatives while the Board focuses on oversight of management, overall
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The company's range of multimedia consumer facing POS devices are designed to allow merchants, primarily in the multi-lane retail environment, to engage in direct customer interaction through customized multimedia content,
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730:(NFC) technology, mobile wallets, chip and PIN, QR code and contact-less payments. Its VX Evolution generation of countertop devices supports a range of applications, such as pre-paid products, including gift cards and
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manufacturers or distributors of electronic payment systems. Finally, Verifone competes with smaller companies that have been able to develop strong local or regional customer bases. The firm's main competitors are:
652:
The company was formerly known as VeriFone Holdings, Inc. and changed its name to VeriFone Systems, Inc. in 2010. In 2014 the company rebranded itself as Verifone with a lowercase 'f'. Verifone in 2014 was based in
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Its principal product lines have included point-of-sale, merchant-operated, consumer-facing and self-service payment systems. It provides countertop electronic payment terminals that accept card payment options
473:
The sudden growth of the Internet, and especially the World Wide Web, in the mid-1990s created a demand for secure online financial transaction applications. Verifone has designed applications conforming to the
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card authorization system was priced at $ 125. It took advantage of improvements in processor speeds and the lowering cost of both processors and memory. The following year, Verifone moved its headquarters to
379:. Verifone sells merchant-operated, consumer-facing and self-service payment systems to the financial, retail, hospitality, petroleum, government and healthcare industries. The company's products consist of
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programs, healthcare insurance eligibility, and time and attendance tracking, and allows these services to reside on the same system without requiring recertification upon the addition of new applications.
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American market. International sales, which had contributed less than ten percent of revenues before 1990, now accounted for more than 30 percent of the company's nearly $ 259 million in annual revenues.
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credit card purchases greater than $ 50. This move opened the way for the creation of an industry devoted to producing POS authorization systems. Early systems typically had starting prices of $ 900.
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that run its own operating systems, security and encryption software, and certified payment software, and that are designed for both consumer-facing and unattended environments.
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wireless configurations, and is considered a 'countertop mobile' product. The Vx670 is a true portable or 'handover' version available with GPRS, WiFi, and as of November 2007,
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697:, and other PIN-based transactions; an array of software applications and application libraries; and portable devices that support 3G, GPRS, Bluetooth, and WiFi technologies.
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integrated systems, including applications for standard computer operating systems. It also built a new plant near Shanghai in China in 1994 to increase production capacity.
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In 1995, Verifone began the first of its aggressive steps to enter an entirely new area, that of Internet-based transactions. In May 1995, the company partnered with
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made up of mostly company outsiders, as is customary for publicly traded companies. Members of the board of directors as of June 2014 are: Robert W. Alspaugh(
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determinations as to the absence of material relationships between company and a director and formal periodic evaluations of the Board and management.
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access, and the Vx610 and Vx670 which are portable, include batteries, and an integrated wireless communications module. The Vx610 is offered in
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price reductions, reduced margins, and a loss of market share (need date that this started). For example, one of Verifone's former customers--
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The Board executes its risk management responsibility directly and through its committees. As set forth in its charter and annual work plan,
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form the majority of Verifone's annual sales, which hit $ 387 million in 1995 and were expected to top $ 500 million in subsequent years.
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In September 2006 Verifone acquired some divisions of Irish terminal and payment services company Trintech Group plc â headquartered in
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rule or regulation, in which event the Board shall take action as promptly as is practicable while satisfying such requirements.
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1798:"VeriFone Mobile Money and Airtel Africa Group Announce Master Agreement for the roll out of Merchant Enablement across Africa"
2017:"VERIFONE AND BROADVISION SIGN JOINT DEVELOPMENT AGREEMENT TO ENABLE TRANSACTION PROCESSING OVER ELECTRONIC COMMERCE NETWORKS"
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2214:"Verifone Debuts New Brand Voice, Identity, Logo Designed to reflects convergence of electronic payments, commerce, mobility"
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Solutions (also called VerixV). These include the Vx510, Vx520 and Vx570, which are countertop terminals offering dial-up or
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Verifone has headquarters in Coral Springs, Florida; London, U.K.; and Singapore and a presence in more than 45 countries.
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for $ 3.4 billion. The company's architecture enables multiple applications, including third-party applications, such as
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By 1996, Verifone was ready with its Payment Transaction Application Layer (PTAL) lineup of products, including the
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Its products process a range of payment types, including signature and personal identification number (PIN)-based
3079:"Manhattan Associates Acquires Assets of GlobalBay Technologies for Mobile-Enabled Point-of-Sale and Clienteling"
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of upgrades from earlier models, such as full color display, ARM 11 processors and a fully programmable PIN pad.
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486:. With the $ 28 million 1995 acquisition of Enterprise Integration Technologies, the company that developed the
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538:, outside of San Francisco. The company's revenues grew to $ 15.3 million, earning a net profit of $ 864,000.
2729:"VeriFone And First Data Bring End-To-End Encryption And Tokenization To Gas Stations And Convenience Stores"
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Golder Rauner, LLC. In 2005, Verifone was listed as a public company on New York Stock Exchange (NYSE: PAY).
494:, led by Verifone founder William Melton, and with 1996 partnership agreements with Internet browser leaders
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1991:"VERIFONE AND GEMPLUS FORM JOINT VENTURE TO PROVIDE 'SMARTCASH' SOLUTIONS FOR AUTOMATING CASH TRANSACTIONS"
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2339:"Contactless Payments Market Expected to Reach $ 9.88 Billion by 2018 â New Report by MarketsandMarkets"
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The company's countertop devices accept various card payment options, including payment options using
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acquired Verifone in a $ 1.18bn stock-swap deal in April 1997. Four years later Verifone was sold to
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2565:"VeriFone Systems (PAY) NFC Terminal May be Popular Choice for Small Businesses Moving to Apple Pay"
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Verifone has sold numerous point-of-sale credit card reading products, including the ZON Jr (1984),
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areas for the company include mobile commerce, security, services and emerging global markets.
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1746:"Verifone's CEO Explains Why It Spent $ 1 Billion on Acquisitions for a New Payments Strategy"
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570:, a France-based maker of the cards, and MasterCard International to form the joint venture
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2043:"HP Buys VeriFone for $ 1.15 Billion / Move secures foothold in electronic commerce market"
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Verifone acquired a smaller competitor Hypercom in an all-stock transaction deal in 2011.
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1589:"Mid-Morning Market Update: Markets Gain On Jobs Data; VeriFone Earnings Beat Estimates"
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Provides transaction processing services especially related to network payment systems
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2401:"VeriFone Security Solution Wins The Banker Technology Project of the Year 2014 Award"
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2108:"PVH, VeriFone, Ciena, Matrix Service, and Methode Electronics are big market movers"
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Verifone moved to take the lead in the coming smart card revolution, teaming up with
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1876:"MasterCard Acquirer Provides Mobile POS Capabilities throughout Peru with VeriFone"
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to incorporate a P-ATM interface directly into that company's computer keyboards.
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2865:"VeriFone Buys European Payments Processing Company Point For Over $ 1 Billion"
1923:"Verifone acquires the assets of ICOT Corp" (Press release). CBR. June 1, 1989.
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2365:"Leading NFC terminal maker Verifone encourages merchants to enable Apple Pay"
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whose goal is to increase awareness of and improve payment industry security.
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Designs mobile retail software to enhance retailer-to-consumer interaction
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2965:"Verifone Acquires Electronic Payments Company Hypercom For $ 485 Million"
2795:"Verifone Acquires Electronic Payments Company Hypercom For $ 485 Million"
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in 1981, and named itself after its first product, the name standing for
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2076:"Why VeriFone Systems (PAY) Stock Is Rising In Pre-Market Trading Today"
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Provides mobile POS solutions and gateway services for mobile merchants
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2505:"VeriFone Enables Delivery of Elavon Loyalty Solution at Point of Sale"
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371:. Verifone provides technology for electronic payment transactions and
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1719:"VeriFone Systems (PAY) Stock Jumps on Partnership With Vantiv(VNTV)"
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2889:(Press release). ARCHITECTPARTNERS. November 3, 2011. Archived from
1850:"VeriFone closes acquisition of Enterprise Integration Technologies"
1502:. United States Securities and Exchange Commission. October 31, 2013
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2266:"SigFig - The easiest way to manage & improve your investments"
1852:(Press release). THE FREE LIBRARY. November 8, 1995. Archived from
1772:"Card Networks Gain As Apple Pay Boosts Visa, MasterCard, VeriFone"
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amongst other locations â in a 12.1M USD (âŹ9.4M) cash transaction.
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Verifone was founded by William "Bill" Melton and incorporated in
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2989:(Press release). ISO&AGENT. September 9, 2010. Archived from
2751:"VeriFone has $ 15.4 mln verdict tossed by federal appeals court"
2403:(Press release). BUSINESSWIRE. September 24, 2014. Archived from
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2941:(Press release). TELECOM ENGINE. January 4, 2011. Archived from
2167:(Press release). SILICON VALLEY BUSINESS JOURNAL. April 10, 2006
1774:(Press release). BIDNESS ETC. September 11, 2014. Archived from
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Provides software and consulting services for Internet Commerce
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2939:"Gemalto hands over point of sale business to partner VeriFone"
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1963:"Verifone completes Restaurant Brands payment terminal rollout"
1653:"Verifone Reinforces Mission With New Brand Voice And Identity"
1635:"Francisco Partners to Take VeriFone Private for $ 3.4 Billion"
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646:
634:
583:
455:
406:, electronic bill payment, check authorization and conversion,
145:
3037:(Press release). SILICON VALLEY BUSINESS JOURNAL. May 17, 2010
2913:"VeriFone to Acquire South Africa Payments Solutions Provider"
1949:"Verifone puts the 'fast' in fast food with Restaurant Brands"
3622:
3501:
3471:
3427:
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3377:
3367:
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2703:"VeriFone and First Data Partner on Payment Security Efforts"
257:
3107:(Press release). Market Watch. June 17, 2014. Archived from
2291:"VeriFone Expands Way2ride Mobile App to Philadelphia Taxis"
1655:(Press release). retailsolutionsonline.com. November 3, 2014
774:
A touch screen based VeriFone MX 915 series payment terminal
3597:
3551:
3496:
3491:
3476:
3372:
3305:
3268:
2427:"VeriFone Expands Point-to-Point Encryption Services to UK"
1522:"Verifone, Inc. (PAY) ranked TOP in NASDAQ research report"
755:
751:
747:
618:
2642:
New Non-Profit To Take On Retailers' Payment Security Woes
2618:"Verifone MX Terminals Receive Pan-European Certification"
2092:. BloombergBusinessWeek. September 4, 2014. Archived from
1900:(Press release). awepay. November 12, 2014. Archived from
591:
five million credit and debit card authorization systems.
522:
Former Verifone headquarters in Redwood City, now home to
3131:"Verifone's CEO Focused on Streamlining Over Deal Making"
2843:"VeriFone Enters Retail-Display Ad Market With LIFT Deal"
2773:"Fed. Circ. Tosses $ 15M Patent Verdict Against VeriFone"
1977:"Data Breaches Drive Retailers To Update Payment Systems"
694:
579:
188:
3692:
Companies formerly listed on the New York Stock Exchange
2817:"Verifone spends $ 70m on Eftpos acquisition in NZ push"
1347:
2317:"VeriFone's Glimpse Into Apple's Future Payment System"
1548:"Markets Open Higher; Verifone Profit Tops Street View"
946:
Provides computer terminals and online payment gateway
513:
3169:
3105:"VeriFone Welcomes Karen Austin to Board of Directors"
2915:(Press release). REUTERS. May 25, 2011. Archived from
1824:"VeriFone buys Global Bay to win mobile retail market"
1699:(Press release). InvestorsObserver. September 15, 2014
341:
3687:
Manufacturing companies based in San Jose, California
3013:"VeriFone Acquires WAY Systems For Up To $ 9 Million"
2677:"Verifone Evolution Takes Payments to the Next Level"
1377:
545:
62:, and by adding encyclopedic content written from a
2511:(Press release). September 30, 2014. Archived from
1173:Linux-based and unattended point of sale terminals
617:in May 2001. In 2002 Verifone was recapitalized by
2887:"VeriFone Acquires Global Bay Mobile Technologies"
2819:(Press release). NBR. June 6, 2013. Archived from
2705:(Press release). NACS. May 5, 2014. Archived from
1478:"Verifone Systems Shareholders Equity (Quarterly)"
210:POS systems for the petro and convenience industry
16:Multinational point-of-sale equipment manufacturer
2845:(Press release). BloombergBusiness. March 2, 2012
2429:(Press release). BUSINESSWIRE. September 17, 2014
2216:(Press release). CSP Daily News. November 5, 2014
2110:. Fox Business. September 4, 2014. Archived from
1993:. THE FREE LIBRARY. June 29, 2006. Archived from
1675:"Verifone Debuts New Brand Voice, Identity, Logo"
1629:
1627:
1614:"Verifone Systems (NYSE: PAY) Investor Relations"
1563:"VeriFone profit tops estimates, to cut 500 jobs"
1318:
689:(NFC) as well as support Credit and Debit cards,
490:(S-HTTP), and a $ 4 million equity investment in
3682:Financial services companies established in 1981
3668:
2455:(Press release). October 1, 2014. Archived from
2019:. THE FREE LIBRARY. May 15, 2006. Archived from
1253:Global Bay sold to Manhattan Associates in 2014.
1241:Provides technology for transaction automation
786:In 2005 Verifone released its first full color
3015:(Press release). TechCrunch. September 1, 2010
2967:(Press release). TechCrunch. November 17, 2010
2867:(Press release). TechCrunch. November 14, 2011
2797:(Press release). TechCrunch. November 17, 2010
2592:"VeriFone Announces Vx 670 Bluetooth Solution"
2589:
2185:
1878:(Press release). BUSINESSWIRE. October 1, 2014
1624:
3206:
3192:
1677:(Press release). CSPnet.com. November 5, 2014
1429:. wikiinvest. October 3, 2014. Archived from
1139:Provides payment terminals in transportation
765:
3133:(Press release). Bloomberg. November 4, 2014
3057:"VeriFone buys Lipman Electronic for $ 793M"
2319:(Press release). Seeking Alpha. June 9, 2014
2165:"VeriFone buys Lipman Electronic for $ 793M"
1935:"Verifone and MasterCard Pilot Taxi Offers"
1453:"Verifone Systems Total Assets (Quarterly)"
3651:
3199:
3185:
2987:"VeriFone Acquires Encryption Firm Semtek"
2753:(Press release). REUTERS. October 17, 2014
2731:(Press release). RETAILERS. April 29, 2014
2234:
2188:"VeriFone Completes Acquisition of Lipman"
2059:
1560:
713:
100:
3697:Electronics companies established in 1981
2775:(Press release). LAW360. October 17, 2014
2594:(Press release). VeriFone. Archived from
2535:"VeriFone TRANZ 330 Credit Card Terminal"
2190:(Press release). VeriFone. Archived from
2135:"Verifone Acquires Lipmanâand the Future"
1156:Provides payment terminals (NURIT brand)
82:Learn how and when to remove this message
3035:"VeriFone acquires Korea's Orange Logic"
2479:"Yapital integrated into VeriFone H5000"
2090:"PVH and VeriFone are big market movers"
1697:"Verifone's path leads to a pot of gold"
1079:Semtek innovative Solutions Corporation
769:
717:
660:In April 2018, Verifone was acquired by
517:
2260:
2258:
1088:Provides endpoint encryption solutions
3677:American companies established in 1981
3669:
2132:
1743:
1500:"2013 Form 10-K, VERIFONE SYSTEMS INC"
1031:Provides electronic payment solutions
1022:Destiny Electronic Commerce Pvt. Ltd.
997:Provides electronic payment solutions
926:Provides electronic payment solutions
624:
43:contains content that is written like
3180:
2638:
1348:Adoption of Majority Voting Provision
2389:(Press release). September 12, 2014.
2255:
1951:. Scoop Business. December 18, 2014.
1744:Duryee, Tricia (November 30, 2011).
1586:
1257:
1198:Enterprise Integration Technologies
514:1980s: Introduction and rapid growth
27:
2590:Verifone, Inc. (October 17, 2007).
2485:(Press release). September 10, 2014
2186:Verifone, Inc. (November 1, 2006).
1898:"History of Credit Card Processing"
1427:"Verifone Holdings (WIKI ANALYSIS)"
1224:Provides internet payment services
980:Provides digital marketing systems
722:VeriFone VX820 credit card terminal
106:Verifones's logo, in use since 2023
13:
3732:Private equity portfolio companies
2371:(Press release). October 27, 2014.
1280:Chairman of the Board of Directors
488:Secure HyperText Transfer Protocol
417:In 2018, Verifone was acquired by
125:Banking & finance, electronics
14:
3763:
3149:
2620:. Business Wire. November 4, 2014
2571:(Press release). October 31, 2014
2383:"Apple Pay Drives Verifone Sales"
1830:(Press release). November 1, 2011
1725:(Press release). October 27, 2014
1276:Director; Chief Executive Officer
802:In 2009, Verifone partnered with
546:1990s: Expansion into new markets
3650:
3641:
3640:
3154:
3085:(Press release). August 12, 2014
1965:. Voxy.co.nz. December 18, 2014.
1804:(Press release). August 20, 2014
1399:
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1130:VeriFone Transportation Systems
293:
292:
268:
267:
243:
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3059:(Press release). April 10, 2006
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352:Footnotes / references
2539:1ST NATIONAL PAYMENT SOLUTIONS
2345:(Press release). June 28, 2014
2297:(Press release). June 17, 2014
2133:Bruene, Jim (April 17, 2006).
1606:
1587:Cook, Garrett (June 6, 2014).
1580:
1554:
1540:
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1492:
1470:
1445:
1419:
1319:Boardâs Role in Risk Oversight
1247:
825:
396:radio frequency identification
381:POS electronic payment devices
297:US$ 1.384 billion (2013)
272:US$ 3.748 billion (2012)
219:loyalty and upselling solution
1:
3752:2018 mergers and acquisitions
3747:2005 initial public offerings
3742:2001 mergers and acquisitions
3737:1997 mergers and acquisitions
3702:1981 establishments in Hawaii
1979:. LAW360. September 23, 2014.
1480:. wikiinvest. January 3, 2013
1412:
1339:The Corporate Governance and
478:(SET) standards developed by
476:Secure Electronic Transaction
3727:Retail point of sale systems
3712:Hewlett-Packard acquisitions
2639:Roach, Jay (June 15, 2009).
578:, MasterCard International,
247:US$ 1.8 billion (2014)
7:
1373:
1190:Provides payment terminals
667:
433:
412:Electronic Benefit Transfer
135:; 43 years ago
10:
3768:
2453:NATIONAL RETAIL FEDERATION
2078:. TheStreet. June 6, 2014.
1308:enterprise risk management
812:Secure POS Vendor Alliance
766:Multimedia Customer Facing
449:
216:taxi media and advertising
18:
3717:Payment service providers
3636:
3585:
3214:
3208:Payment service providers
1122:Provides payment systems
963:Provides EFT-POS systems
402:, prepaid gift and other
365:multinational corporation
350:
336:
326:
305:
280:
255:
234:
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207:tablet-based POS software
195:
181:
171:
160:
152:
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99:
1458:. YCHARTS. April 1, 2012
1286:), Wenda Harris Millard(
1278:), Alex W. (Pete) Hart(
1262:The company is run by a
1051:Point of sale solutions
799:for their GUI platform.
728:Near field communication
687:Near field communication
19:Not to be confused with
3722:Point of sale companies
3083:GlobeNewswire News Room
1524:. ZACKS. Archived from
1294:), Jonathan I. Schwart(
988:Point International AB
816:non-profit organization
714:Countertop and PIN Pads
1561:Pallivathuckal, Anne.
971:Lift Retail Marketing
833:First Data Corporation
775:
723:
615:Gores Technology Group
586:, Visa International,
526:
369:Coral Springs, Florida
165:Coral Springs, Florida
3517:Sarvatra Technologies
3163:at Wikimedia Commons
2545:on September 14, 2018
2449:"What's Next for NFC"
2237:"Verifone Fact Sheet"
2062:"VeriFone Fact Sheet"
1778:on September 27, 2014
1298:), Jane J. Thompson(
957:United Arab Emirates
773:
721:
664:for US$ 3.4 billion.
568:Gemplus International
521:
156:William "Bill" Melton
64:neutral point of view
3227:Airtel Payments Bank
2993:on February 22, 2015
2945:on February 22, 2015
2919:on February 22, 2015
2823:on February 17, 2021
2709:on November 29, 2014
2683:on November 16, 2011
2598:on December 13, 2007
2145:on December 24, 2014
1355:Corporate Governance
1341:Nominating committee
1282:), Robert B. Henske(
937:New Zealand Limited
917:AJB Software Design
681:, chip and PIN, and
655:San Jose, California
584:Mondex International
373:value-added services
230:Payment as a service
3111:on November 5, 2014
2194:on October 23, 2008
2096:on October 2, 2014.
2023:on November 8, 2014
1904:on December 3, 2014
1856:on November 8, 2014
1620:on August 16, 2013.
1147:Lipman Electronics
781:in-store promotions
683:Contactless payment
625:2000s: Acquisitions
328:Number of employees
96:
56:promotional content
2515:on October 6, 2014
2459:on October 6, 2014
2114:on October 6, 2014
1264:board of directors
1113:Orange Logic Ltd.
1096:WAY Systems, Inc.
776:
724:
662:Francisco Partners
527:
500:Oracle Corporation
419:Francisco Partners
404:stored-value cards
313:Francisco Partners
94:
58:and inappropriate
3664:
3663:
3159:Media related to
2569:StreetInsider.com
2049:. April 24, 1997.
1641:. April 10, 2018.
1528:on April 28, 2019
1270:), Karen Austin(
1258:Corporate affairs
1245:
1244:
870:Acquired company
408:signature capture
367:headquartered in
358:
357:
203:Payment terminals
92:
91:
84:
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3653:
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3311:Chase Paymentech
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3170:Official website
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1440:
1438:
1433:on July 19, 2018
1423:
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1392:
1391:
1390:
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1005:Global Bay Inc.
864:
863:
732:loyalty programs
637:with offices in
604:Virtual terminal
576:American Express
346:
343:
298:
296:
295:
285:
273:
271:
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187:Himanshu Patel (
143:
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3507:Red Dot Payment
3388:Oxigen Services
3338:Global Payments
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2893:on July 9, 2017
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2407:on July 2, 2017
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1997:on July 8, 2017
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1325:Audit Committee
1321:
1274:), Paul Galant(
1260:
1250:
1215:CyberCash Inc.
1184:United Kingdom
1161:September 2006
1093:September 2010
1076:September 2010
1011:$ 28M in stock
884:September 2020
862:
851:NCR Corporation
828:
797:Opera (browser)
768:
716:
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611:Hewlett-Packard
548:
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492:CyberCash, Inc.
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2295:Business Wire
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954:Sektor Group
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810:to found the
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41:This article
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30:
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26:
22:
3707:Credit cards
3562:Worldline SA
3541:
3153:
3135:. Retrieved
3125:
3113:. Retrieved
3109:the original
3099:
3087:. Retrieved
3082:
3073:
3063:February 22,
3061:. Retrieved
3051:
3041:February 22,
3039:. Retrieved
3029:
3019:February 22,
3017:. Retrieved
3007:
2997:February 22,
2995:. Retrieved
2991:the original
2981:
2971:February 22,
2969:. Retrieved
2959:
2949:February 22,
2947:. Retrieved
2943:the original
2933:
2923:February 22,
2921:. Retrieved
2917:the original
2907:
2897:February 22,
2895:. Retrieved
2891:the original
2881:
2871:February 22,
2869:. Retrieved
2859:
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2847:. Retrieved
2837:
2827:February 22,
2825:. Retrieved
2821:the original
2811:
2801:November 21,
2799:. Retrieved
2789:
2777:. Retrieved
2767:
2755:. Retrieved
2745:
2735:November 21,
2733:. Retrieved
2723:
2713:November 20,
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2707:the original
2697:
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2681:the original
2671:
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2538:
2529:
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2513:the original
2509:BUSINESSWIRE
2508:
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2269:
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2241:the original
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2181:
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1902:the original
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1844:
1834:November 23,
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1647:
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1618:the original
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1526:the original
1516:
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1494:
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1472:
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1447:
1435:. Retrieved
1431:the original
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1212:August 1995
1116:South Korea
1062:Corporation
940:New Zealand
905:Netherlands
860:Acquisitions
855:
829:
820:
801:
785:
777:
736:
725:
708:tokenization
699:
685:, including
675:
671:
659:
651:
643:Neu-Isenburg
632:
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536:Redwood City
532:
528:
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437:
427:loyalty card
416:
392:credit cards
385:
360:
359:
351:
283:Total equity
258:Total assets
161:Headquarters
112:Company type
78:
69:
54:by removing
50:Please help
42:
25:
3460:paysafecard
3403:Paymentwall
3137:November 7,
2779:October 22,
2757:October 22,
2659:|work=
2624:November 7,
2602:February 4,
2575:November 2,
2549:November 2,
2198:February 4,
2027:November 8,
2001:November 8,
1860:November 8,
1802:PR Newswire
1729:November 1,
1681:November 7,
1659:November 5,
1567:MarketWatch
1248:Divestments
1232:LCOT Corp.
1181:Dione plc.
1127:April 2010
968:March 2012
826:Competition
596:Broadvision
588:Wells Fargo
400:smart cards
388:debit cards
173:Area served
3671:Categories
3333:Freecharge
3232:Amazon Pay
3089:August 17,
2519:October 1,
2489:October 1,
2463:October 1,
2433:October 1,
2411:October 1,
2387:PYMNTS.COM
2220:August 26,
2118:October 2,
1882:October 1,
1808:October 1,
1782:October 1,
1756:October 5,
1703:October 1,
1506:October 5,
1484:October 5,
1462:October 5,
1437:October 5,
1413:References
1406:Technology
1313:compliance
887:2checkout
879:Expertise
710:services.
639:Montevideo
508:Key Tronic
484:MasterCard
183:Key people
52:improve it
3613:PayDirect
3593:Billpoint
3455:Openbucks
3418:Braintree
3237:Ant Group
2661:ignored (
2651:cite book
2139:netbanker
1723:TheStreet
1639:Bloomberg
1550:. NASDAQ.
1394:Companies
1315:matters.
1164:Trintech
1110:May 2010
1019:May 2011
760:Bluetooth
739:Tranz 330
691:EBT cards
572:SmartCash
553:Bangalore
504:Microsoft
480:Visa Inc.
423:gift card
177:Worldwide
3646:Category
3608:Wirecard
3572:YooMoney
3557:WebMoney
3547:VersaPay
3542:Verifone
3532:Tata Neu
3450:Neteller
3440:PayPoint
3408:Payoneer
3393:Passport
3363:MobiKwik
3348:Ingenico
3294:Cash App
3289:Afterpay
3279:BillDesk
3161:VeriFone
3115:June 28,
2483:Finextra
2349:June 28,
2323:June 28,
2301:June 28,
2247:June 19,
1593:Benzinga
1532:June 28,
1374:See also
1300:Director
1296:Director
1292:Director
1288:Director
1284:Director
1272:Director
1268:Director
1170:$ 12.1M
1167:Ireland
1060:Hypercom
902:Dimebox
846:Ingenico
808:Ingenico
804:Hypercom
744:Ethernet
668:Products
496:Netscape
434:Overview
342:verifone
227:Services
196:Products
122:Industry
72:May 2015
21:Veritone
3603:Clinkle
3586:Defunct
3537:Tencent
3482:PhonePe
3445:Paysafe
2369:9To5Mac
1380:Portals
1153:$ 793M
1150:Israel
1068:$ 485M
1045:France
1040:Gemalto
994:$ 818M
991:Sweden
960:$ 8.2M
920:Canada
876:Amount
788:EFT-POS
524:Equinix
450:History
414:(EBT).
398:cards,
375:at the
337:Website
235:Revenue
153:Founder
138: (
130:Founded
116:Private
3527:Stripe
3522:Shift4
3512:Remita
3465:Skrill
3423:Zettle
3413:PayPal
3358:Mi-Pay
3353:Klarna
3328:Dwolla
3299:Square
3257:Wallet
3215:Active
2270:SigFig
2047:SFGATE
1828:GIGAOM
1456:(XBRL)
1204:$ 28M
1085:$ 18M
1048:$ 14M
1028:$ 37M
943:$ 70M
935:EFTPOS
923:$ 75M
754:, and
647:London
635:Dublin
502:, and
456:Hawaii
167:, U.S.
148:, U.S.
146:Hawaii
3623:Ukash
3502:Quahl
3472:Paytm
3428:Venmo
3383:Opayo
3378:Nuvei
3368:Nagad
3343:Gopay
3316:WePay
3284:Block
3274:bKash
3242:Apple
3222:Adyen
2343:PRWEb
1238:n.a.
1187:n.a.
1136:n.a.
1119:n.a.
1102:$ 9M
977:n.a.
867:Date
460:Verif
332:5,000
306:Owner
3656:List
3628:Zong
3598:C2it
3577:Zeta
3552:Veem
3497:QRIS
3492:Qiwi
3477:PayU
3433:Xoom
3398:Paya
3373:Nexi
3306:BPAY
3269:BHIM
3264:Atom
3247:Card
3139:2014
3117:2014
3091:2021
3065:2015
3043:2015
3021:2015
2999:2015
2973:2015
2951:2015
2925:2015
2899:2015
2873:2015
2851:2015
2829:2015
2803:2014
2781:2014
2759:2014
2737:2014
2715:2014
2689:2011
2663:help
2626:2014
2604:2008
2577:2014
2551:2014
2521:2014
2491:2014
2465:2014
2435:2014
2413:2014
2351:2014
2325:2014
2303:2014
2277:2019
2249:2013
2222:2015
2200:2008
2173:2014
2151:2014
2120:2014
2029:2014
2003:2014
1910:2014
1884:2014
1862:2014
1836:2014
1810:2014
1784:2014
1758:2014
1731:2014
1705:2014
1683:2014
1661:2014
1600:2019
1574:2019
1534:2014
1508:2014
1486:2014
1464:2014
1439:2014
1364:NYSE
1235:USA
1218:USA
1201:USA
1133:USA
1099:USA
1082:USA
1065:USA
1008:USA
974:USA
890:USA
814:, a
806:and
756:WiFi
752:CDMA
748:GPRS
645:and
619:GTCR
482:and
425:and
410:and
344:.com
140:1981
133:1981
3618:Tez
3323:CNG
3252:Pay
1368:SEC
1366:or
1302:).
1042:NV
873:HQ
703:ECR
695:EMV
580:GTE
464:one
318:BCI
189:CEO
144:in
3673::
3081:.
2655::
2653:}}
2649:{{
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