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BUSINESS
February 22, 1996 | Times Staff and Wire Reports
Oracle, Verifone Unveil Electronic Transfer Products: The companies said the series of software products will let companies sell goods over the Internet and other public data networks. The software will be available in late summer. Oracle Corp. and Verifone Inc. said that by tackling the entire transaction process with coordinated software, they will be able to advance safe and easy online purchasing.
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BUSINESS
December 9, 1997 | ERIC RIMBERT, TIMES STAFF WRITER
The next time you walk into a 7-Eleven to buy cigarettes or beer and you look underage, a clerk will probably ask to scan your driver's license. A small electronic device will allow clerks to quickly determine whether you're old enough to make the purchase. The scanner reads information coded onto a magnetic strip on the back of a driver's license or state-issued ID, which includes a person's name, birth date, address, height and weight. The device, developed by VeriFone Inc.
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BUSINESS
December 9, 1997 | ERIC RIMBERT, TIMES STAFF WRITER
The next time you walk into a 7-Eleven to buy cigarettes or beer and you look underage, a clerk will probably ask to scan your driver's license. A small electronic device will allow clerks to quickly determine whether you're old enough to make the purchase. The scanner reads information coded onto a magnetic strip on the back of a driver's license or state-issued ID, which includes a person's name, birth date, address, height and weight. The device, developed by VeriFone Inc.
BUSINESS
April 24, 1997 | GREG MILLER, TIMES STAFF WRITER
Computer giant Hewlett-Packard Co. has agreed to buy VeriFone Inc., a leader in technology for sending cash across the Internet, in a stock swap valued at $1.18 billion. VeriFone is best known as a maker of credit card-swiping devices used by department stores, gas stations and other retailers. But the Redwood City, Calif.-based company is also developing home payment systems and other technologies that could become platforms for cash transactions over the global computer network.
BUSINESS
April 24, 1997 | GREG MILLER, TIMES STAFF WRITER
Computer giant Hewlett-Packard Co. has agreed to buy VeriFone Inc., a leader in technology for sending cash across the Internet, in a stock swap valued at $1.18 billion. VeriFone is best known as a maker of credit card-swiping devices used by department stores, gas stations and other retailers. But the Redwood City, Calif.-based company is also developing home payment systems and other technologies that could become platforms for cash transactions over the global computer network.
BUSINESS
April 17, 1997
Citicorp, the nation's second-largest bank, plans to test a system that will turn its customers' living rooms into automated teller machines. The bank said it will test Redwood City-based VeriFone Inc.'s electronic "smart card" system in a pilot program in New York for customers to download money from their bank accounts onto cash cards at home or in the office. Citibank, owned by Citicorp, is looking for an area to test the system with enough interested customers and stores.
BUSINESS
August 21, 1999 | Bloomberg News
Three people were charged with insider trading related to Hewlett-Packard Co.'s 1997 acquisition of electronic-payment device maker VeriFone Inc., the Securities and Exchange Commission said. One of those charged was the ex-husband of former VeriFone marketing employee Amy Goodson. Goodson, who was not charged by the SEC, told her then-husband, Floyd Goodson, about the acquisition in a confidential conversation about job worries, the SEC said. Floyd Goodson, his father James, and John R.
BUSINESS
May 6, 1997 | KAREN KAPLAN
It's no surprise that Hewlett-Packard Co. finished another year at or near the top of a bevy of key categories in The Times 100, including sales, profit and market value. The Palo Alto-based dean of high-tech companies has consistently turned in strong performances in a variety of product lines, including printers, calculators and personal computers. Last year HP laid the groundwork to boost its Internet-related business.
BUSINESS
August 17, 1995 | KATHY M. KRISTOF, TIMES STAFF WRITER
A coalition of 14 financial institutions, including MasterCard International and Bank of America, announced Wednesday that it will form a company to develop the first debit card for use nationwide to make purchases as small as a cup of coffee.
BUSINESS
August 19, 1997 | From Times Wire Services
Hewlett-Packard Co. said Monday that its fiscal third-quarter earnings fell below expectations as price cuts in computers and printers and delays in products ate into its profit. The world's No. 2 computer maker said it earned $617 million, or 58 cents a share, during the three months ended July 31, compared with $425 million, or 40 cents, in the year-earlier period. The average Wall Street estimate was 68 cents a share.
BUSINESS
August 6, 1996 | Times Staff and Wire Reports
Microsoft Seals Pact With VeriFone for Online Shopping: Microsoft Corp. announced an agreement with VeriFone Inc., the leading maker of automated transaction systems, to incorporate VeriFone software in its Internet commerce product. Microsoft also made the product, the Microsoft Merchant System, available to a test group of more than 175 merchants, Internet service providers and customer-support companies. The Redmond, Wash.
BUSINESS
March 16, 2011 | By Jessica Guynn, Los Angeles Times
Google Inc. has been hinting for months that it would roll out a mobile payment service so that shoppers could pay for purchases with their smart phones. Now Bloomberg News is reporting that Google will begin testing the service at stores in San Francisco and New York in the next four months by installing thousands of cash register systems from VeriFone Systems Inc. The technology ? called near field communication, which transmits signals over short distances ? would let shoppers ditch cash or plastic (or even loyalty and gift cards and coupons)
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