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At issue is a new terminal that Heartland is preparing to roll out that would provide end-to-end encryption of data after its system was breached by a hacker last year. It will be Heartland's first terminal. The current system only encrypts a portion of the data flow.
Finextra: VeriFone introduces VeriShield Protect for EMV smart cards - company announcement from VeriFone
Semtek Announces Closing of Series B Financing. Semtek Innovative Solutions Corporation announced today the closing of its Series B round of equity financing.
http://www.prlog.org/10361084-semtek-announces-closing-of-series-financing.html
In a conversation with Computerworld today, Heartland CEO and Chairman Robert Carr blasted VeriFone's lawsuit and its suggestion that Heartland is incapable of supporting VeriFone customers.
http://www.networkworld.com/news/2009/111809-heartland-ceo-encryption-on-track.html
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Nov 20, 2009 (Close-Up Media via COMTEX) --
VeriFone Holdings, Inc. announced that its VeriShield Protect encryption solution for card payment security will be available for use with the EMV smart card standard and will also support contactless payments.
First introduced in the U.S. to help merchants and acquirers secure cardholder information and comply with PCI data security requirements, the company said VeriShield Protect is now being expanded for use worldwide in support of all card payment types. VeriShield Protect with full EMV and contactless capability is now being introduced in the UK and for other regions beginning in spring 2010, according to the company.
"With Visa International and MasterCard now both mandating global compliance with the PCI Data Security Standard by the end of 2010, the authentication and anti-card skimming benefits of EMV is no longer sufficient-merchants and acquirers also need to protect the integrity of cardholder data," said Jeffrey Wakefield, VeriFone vice president and general manager, Global Security Solutions. "VeriShield Protect provides that data security element, and its unique format-preserving encryption technology makes it easy to implement within the existing infrastructure."
VeriFone said its VeriShield Protect eliminates usable cardholder data from a retailer's POS applications, networks and servers by encrypting it end to end, so that even in the event of a security breach no usable data could be compromised and any stored data is secure.
"VeriShield Protect now supports the broadest range of card payments, whether they are magstripe, contactless or EMV-based," said Wakefield. "As all of these payment acceptance methods will continue to co-exist in the foreseeable future, merchants and acquirers can now seamlessly protect all cardholder information that enters their enterprise."
More Information:
www.verifone.com/verishield-protect
www.verifone.com
((Comments on this story may be sent to newsdesk@closeupmedia.com))
Tags: president security technology
Companies: VeriFone Holdings Inc (PAY)
NEW DELHI, INDIA, Nov 20, 2009 (MARKETWIRE via COMTEX) --
Unexpected economic data lead the market down. Tech also joins the negative sentiments after unfavorable business outlook in coming quarter. US market slip loose balance and fall. As new market updates continue to fuel the current trading trend, Wall Street Sense analysts have issued valuable analysis on the following companies: Nike Inc. (NYSE: NKE), VeriFone Holdings Inc. (NYSE: PAY), Arrow Electronics Inc. (NYSE: ARW), Vonage Holdings Corporation (NYSE: VG), RPM International Inc. (NYSE: RPM) and Nokia Corp (NYSE: NOK).
A quick snapshot of today's reports follows, for the full report sign up today at Wall Street Sense:
-- NKE looks good on charts as it has picked up momentum from September
and currently stable at $64 for since October.
-- From April till July PAY movement was relatively stable but ...
-- Moreover ARW is showing bullish trend from mid July but from September
it is relatively stable at $27 with few dents at times.
-- Till third week of August VG was trading $0.50 soon in one day it
climbed to $2.17.
-- From July RPM started showing bullish trend and rose by 27% in 1
month. Currently it is stable at new level of $20. The overall growth is
42% since July.
-- NOK movement is very sluggish. In mid July it declined by 13% and
after a drop again it is showing bullish trend since first week of October
again post quarterly results it declined by 16%.
Unlike many companies that target only specific sectors for clients, Wall Street Sense is committed to teaching everyday people how to navigate a broader market and reap the rewards of participating in various sectors, no matter what their level of experience. We invite you to join our financial portal so that you can benefit from the above mentioned coverage, together with many others by signing up at www.wallstsene.com
Wallstsense.com is not a registered broker dealer or a registered investment advisor. However, we do use information from licensed analysts. No information accessed through the www.wallstsense.com or this release constitutes a recommendation to buy, sell or hold any security in any jurisdiction.
SOURCE: Wall St Sense
Tags: advisor broker business dealer editors investment investment opinion market note nyse research security
Companies: Arrow Electronics, Inc. (ARW), Nike, Inc. (NKE), Nike, Inc. (NKEw), Nokia Corp. (NOK), RPM, Inc. (RPM), VeriFone Holdings Inc (PAY), Vonage Holdings Corp (VG)
SAN JOSE, Calif., Nov 18, 2009 (BUSINESS WIRE) --
VeriFone Holdings Inc. (NYSE: PAY) announced today that it will host a conference call to report its financial results for the fourth quarter and fiscal 2009, which will be released on December 14, 2009.
The management of VeriFone will host the earnings call, which will be simultaneously webcast, on December 14, 2009, at 1:30 pm (PST). In addition to a discussion of VeriFone's fourth quarter and fiscal year results, management may also provide forward looking guidance on this call. To access the live conference call, the dial-in numbers are as follows:
Domestic callers: 866-700-7101
International callers: +1-617-213-8837
Passcode: 11590641
To access the audio webcast, please go to VeriFone's website (http://ir.verifone.com) at least ten minutes prior to the call to register. The recorded audio webcast will be available on VeriFone's website until December 21, 2009.
A replay of the conference call, which can be accessed by dialing toll-free 888-286-8010, and outside the U.S. by dialing +1-617-801-6888, will be available until December 21, 2009. The access code for the replay is 65867018.
Additional Resources:
http://ir.verifone.com/
About VeriFone Holdings, Inc. (www.verifone.com)
VeriFone Holdings, Inc. ("VeriFone") (NYSE: PAY) is the global leader in secure electronic payment solutions. VeriFone provides expertise, solutions and services that add value to the point of sale with merchant-operated, consumer-facing and self-service payment systems for the financial, retail, hospitality, petroleum, government and healthcare vertical markets. VeriFone solutions are designed to meet the needs of merchants, processors and acquirers in developed and emerging economies worldwide.
SOURCE: VeriFone Holdings Inc.
VeriFone Holdings Inc. Investor Contact: William Nettles -- Vice President Corporate Development & IR Tel: 408-232-7979 Email: ir@verifone.com or Editorial Contact: Pete Bartolik VeriFone Media Relations Tel: 508-283-4112 Email: pete_bartolik@verifone.com
Tags: conference consumer earnings financial results government healthcare nyse petroleum retail
Companies: VeriFone Holdings Inc (PAY)
Nov 17, 2009 (Wall Street Horizon via COMTEX) --
VeriFone Holdings Inc. (PAY)
Expected next earnings release: Announcement date: 12/15/2009 - After Market Earnings Quarter: Q4 Announcement Status: Unconfirmed
Tags: corporate earnings market
Companies: VeriFone Holdings Inc (PAY)
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VeriFone is a global leader in secure electronic payment technologies. We provide solutions, services, and expertise that enable electronic payment transactions and value-added services at the point of sale.
JCharge™ White Paper A company using an IBM iSeries (AS/400) has several methods from which to choose in taking credit card payments. Whether the payments are for retail, mail ... http://www.verifone.com/PDF/JChargeWhitePaper.pdf
For over 15 years, VeriFone has focused on the specific needs of the Petroleum/C-store industry. Managed by experienced petroleum/c-store industry leaders, our point-of-sale and systems integration solutions are designed with your store operation's needs and challenges in mind.
We develop, sell, and support transaction processing solutions. VeriFone develops and markets payment processing software to operate on virtually any platform, including Windows, UNIX, Linux, AIX, OS/390, OS/400, and Sun Solaris.
http://bvcontent.verifone.com/VeriFone/Attachment/20051028/RiTAWhitePaper.pdf
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VeriFone is a global leader in secure electronic payment technologies. We provide solutions, services, and expertise that enable electronic payment transactions and value-added ...
Information about VeriFone Incorporated ... RSS feeds allow Web site content to be gathered via feed reader software.
http://www.chicagotribune.com/topic/economy-business-finance/verifone-incorporated-ORCRP016235.topic
VeriFone and Heartland legal spat escalates www.finextra.com | Nov 3, 2009. VeriFone and Heartland legal spat escalates - news story in full from Finextra
Semtek Announces Closing of Series B Financing www.prlog.org. Semtek Announces Closing of Series B Financing. Semtek Innovative Solutions Corporation announced today the closing of ...