Verix Innovation Award Winners Demonstrate Strong Worldwide Demand for VeriFone Multi-application POS Solutions; Winning Solutions Help Mark First Anniversary of Verix Operating Environment.Business Editors/High-Tech Writers SANTA CLARA Santa Clara, city, Cuba Santa Clara (sän`tä klä`rä), city (1994 est. pop. 217,000), capital of Villa Clara prov., central Cuba. , Calif.--(BUSINESS WIRE)--June 4, 2001 The rising demand for multiple payment, Internet and value-added applications at the point of sale (POS (1) See point of sale and packet over SONET. (2) "Parent over shoulder." See digispeak. POS - point of sale ) has led to worldwide adoption of Verix, VeriFone's multi-app architecture that can efficiently and securely supports a variety of applications running on the same terminal. To celebrate the one-year anniversary of Verix, VeriFone today announced the winners of the Verix Innovation awards. Verix is already used in 29 countries around the world, providing unmatched freedom to deliver payment and value-added solutions. The Verix Innovation awards recognize innovative solutions implemented by VeriFone International Partners (VIPs), customers, and members of VeriFone's Developer Forum-solutions that expand the e-payment industry using Verix and running on the Omni 3300, Omni 3350 and portable Omni 3600 terminals. Winners were awarded across all regions and vertical market segments, including financial retail, petroleum/convenience store, multi-lane retail, telecom, and government-education-medical. They represent a wide variety of innovative Verix-based payment and value-added solutions to support credit, debit, pre-paid telco, electronic bill payment, loyalty, government regulation, smart cards Example of widely used contactless smart cards are Hong Kong's Octopus card, Paris' Calypso/Navigo card and Lisbon' LisboaViva card, which predate the ISO/IEC 14443 standard. The following tables list smart cards used for public transportation and other electronic purse applications. , contactless payment Contactless payment systems are credit cards, key fobs, or other devices which use RFID for making secure payments. The built in chip and antenna enable consumers to wave their card or fob over a reader at the point of sale. , and Internet-connected e-services. "We're pleased to honor these winners -- after all, their innovation is the fuel driving the rapid rate of acceptance we're seeing around the world for our Verix-based solutions," said Pierre-Francois Catte, vice president and general manager of VeriFone. "With VeriFone, these companies are defining the new point of sale; a global, secure, multi-purpose 'point of profit' that generates new revenue streams, improves customer loyalty, and lowers the total cost of ownership." "We value our relationship with VeriFone over the years, and the Verix operating system operating system (OS) Software that controls the operation of a computer, directs the input and output of data, keeps track of files, and controls the processing of computer programs. has enabled us to deliver innovative solutions that that help differentiate us in the market place," said Glenn Marino, senior vice president of GE Card Services The software support for PC Cards. PC Card applications talk to Card Services. See PC Card. . "Our ability to meet the needs of our clients with state-of-the-art POS solutions POS Solutions, is an Australian company. The company provides software and services to small and medium businesses, where the company has enjoyed steady growth so making it particularly well-known in Australian Newsagencies where its software has taken hold as the market leader. is a critical part of our service to our customers." "New, unexpected, high-performance capabilities at the POS are what place ALS Als (äls), Ger. Alsen, island, 121 sq mi (313 sq km), Sønderjylland co., S Denmark, in the Lille Bælt, separated from the mainland by the narrow Alensund. ahead of the competition, and VeriFone's Verix operating environment In computing, an operating environment is the environment in which users run programs, whether in a command line interface, such as in MS-DOS or the Unix shell, or in a graphical user interface, such as in the Macintosh operating system. is making is possible for us to deliver innovative solutions," said Jimmy Wilson James H. "Jimmy" Wilson (January 1, 1931 – November 19, 1986) was a pro-business Democratic member of the Louisiana House of Representatives from 1972-1976, who is most remembered in politics for having switched affiliation to the Republican Party in 1978 and then coming , chairman of Automated Licensing Systems. The following winners were among the 20 recipients of the Verix Innovation Awards: GE Card Services was recognized for its multi-application installation of over 5,000 Omni 3300 payment terminals running their own private label credit application. Selected terminals are also using VeriFone's SoftPay e-payment software. The Verix multi-application platform allows GE Card Services to promote their private label application to a broader customer base. Automated License Systems and Central Bank were honored as partners in delivering a solution to the Missouri Department of Conservation that uses Verix-based Omni 3300 terminals to issue various types of fishing and hunting licenses at a merchant's point of sale. Smartconnect Private Limited in India was honored for its RetailSmart application that enables a full fledged fledge v. fledged, fledg·ing, fledg·es v.tr. 1. To take care of (a young bird) until it is ready to fly. 2. To cover with or as if with feathers. 3. Electronic Cash Register System running on an Omni 3300 or Omni 3350 terminal. The application stores up to 600 items with programmable name and price, offers three payment modes, five levels of security access, and can be programmed to work in the local currency. It provides extensive management reports and eliminates the need to have a separate ECR ECR Efficient Consumer Response ECR European Congress of Radiology ECR Electron Cyclotron Resonance ECR El Camino Real (Kings Highway; California) ECR Electronic Cash Register ECR East Coast Radio (South Africa) , making it an ideal solution for low-end merchants. Brazil-based developer and VeriFone reseller APPI APPI American Psychiatric Publishing, Inc. APPI American Psychiatric Publishing Inc. APPI American Psychiatric Press, Inc. APPI Atmospheric Pressure Photoionization APPI Advanced Peer-to-Peer Internetworking APPI Advanced Plant Pharmaceuticals Inc. Informatica was recognized for delivering direct web-based connectivity to VeriFone terminals, including the Omni 3350 multi-application terminal. Called VeriNET, the application allows VeriFone terminals to use the Internet to transport electronic transactions, dramatically reducing communications costs for banks, financial institutions and merchants alike. APPI customers in Brazil include health systems provider UNIMED and electronic bill payment services provider PAG Pag (päg), Ital. Pago, island (101 sq mi/262 sq km), in the Adriatic, off the Dalmatian coast, Croatia. Noted for its fine embroidery and lace, it also has vineyards, a fishing industry, and bauxite deposits. & PRONTO pron·to adv. Informal Without delay; quickly. [Spanish, from Latin pr  mptus; see prompt. .E-pay Ltd, a UK-based telco customer, was recognized for creating an application that enables electronic top up payments for pre-pay mobile phone customers in the UK. The application runs on the Omni 3350 terminal and will demonstrate the multiple application capability of the product as they add payment and loyalty functionality in the future. Prism Payment Technologies, a South African VIP specializing in the payment and transaction switching business, was honored for developing an application for Payshop, a company establishing a value-added multi-application switching environment in Portugal. Payshop will deploy 1,200 Omni 3350 terminals there. The company plans to provide its services across Europe, using Omni 3350 terminals as the transaction-gathering device, running multiple applications developed by Prism. Other Verix Innovation Award winners by region include: North America -- ExxonMobil -- Piggly Wiggly Carolina Company -- e-Smart Direct Services Inc. Asia Pacific -- E-Pay Asia Limited -- GHL GHL Guideline Harvest Level (commercial fishing) GHL Greenland Halibut Transact Sdn. Bhd. -- Loxley Business Information Technology Company Limited Latin America and the Caribbean -- Bancomer -- Bancard -- Teracom Chile Europe, Middle East and Africa -- Moneybox -- Printec -- Point Sweden -- Point Latvia -- Marshal About Verix VeriFone's Verix operating platform provides true application separation at the hardware and software level, minimizing the need for processors or acquirers to go through lengthy and costly re-certification processes when new applications are added to a payment appliance. Dynamic memory allocation Reserving memory in a program moment to moment, as needed, without having to reserve a fixed amount when the program starts up. All modern operating systems perform dynamic memory allocation for their own use as well as providing an API function such as "malloc" (memory allocate) to allow within Verix ensures efficient use of memory by automatically adjusting to the size of each application residing on a terminal, allowing for larger, more complex applications to be added while maximizing the amount of memory available on the terminal. VeriShield, a security architecture incorporated within the hardware and software of Verix-based VeriFone terminals, provides a comprehensive solution for defending against increasingly sophisticated fraud. VeriShield includes file authentication technology, which makes it possible to verify the authenticity of a given file before it can be executed on a terminal. About VeriFone VeriFone (http://www.verifone.com) is the leading global provider of secure electronic-payment solutions for financial institutions, merchants and consumers. VeriFone has shipped more than nine million electronic-payment systems, which are used in more than 100 countries. |
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