Verifone news and trends

Mashgin and Verifone Team on AI-Powered Self-Checkout
Retail // May 20, 2024

Touchless self-checkout company Mashgin has launched a partnership with payments solution provider Verifone. The two companies’ integration, announced Monday (May 20), will let Mashgin deploy its computer vision self-checkout system via Verifone’s Commander solution, found at 40% of convenience stores in the country. According to a news release, the...

Verifone Appoints Fiserv Executive Himanshu Patel as New CEO
Personnel // October 10, 2023

Verifone appointed Fiserv executive Himanshu Patel as its new CEO effective Nov. 1. Patel succeeds Mike Kohlsdorf, who has been CEO since August, the global provider of payment solutions said in a Tuesday (Oct. 10) press release. Kohlsdorf will remain on Verifone’s board of directors....

Verifone Appoints Francisco Partners Veteran Mike Kohlsdorf as CEO
Personnel // August 01, 2023

Global payment solution provider Verifone has appointed one of its advisors, Mike Kohlsdorf, as its new CEO. Kohlsdorf has been a senior operating partner affiliated with Francisco Partners, the owner of Verifone, since 2011 and has served as CEO of eight of that firm’s portfolio...

Today in the Connected Economy: The Pros and Cons of Walmart’s Grocery Gains
Connected Economy // August 16, 2022

Today in the connected economy, Walmart sees pluses and minuses as consumers turn to its grocery sales to combat inflation. Plus, BigCommerce deepens its relationship with buy now, pay later (BNPL) company Affirm, and payments solutions provider Cardknox integrates with end-to-end payment solution firm Verifone....

Interviews & Exclusives
BitPay, Verifone Bring Crypto to the Brick and Mortar POS

September 28, 2021
To broaden cryptocurrency’s appeal — beyond the speculative frenzy — broaden its acceptance. The consumer clamor to use cryptos in everyday retail is certainly there. As PYMNTS’ own research with BitPay has shown, as many as 18% of the U.S. population — 46 million consumers — would be likely to make a purchase. Read more: […]

Verifone Services Shift Drives Top-Line Growth

March 09, 2018
Verifone is in the midst of moving beyond the terminal to embrace commerce driven by software. In meeting 1Q Street results, Verifone CEO, Paul Galant, said that the double digit...

Verifone’s Terminal (Times Two) Reinvention

June 26, 2017
Last week Verifone and airport kiosk and IT specialists SITA announced a deal that will see Verifone payment-enable airport self-service kiosks at every airport terminal in the world. Karen Webster talked to Joe Mach, Verifone’s NA President, who says...

A COIN By Any Other Name

June 21, 2017
Payments are often described like the Tower of Babel, with disparate platforms trying to talk to each other without speaking the same language. It’s this inability to communicate that is...

Quick Reads
Verifone Adds SoftPOS to New Payment Acceptance Tools

January 09, 2025
Connected commerce platform Verifone has introduced a new set of payment devices. Verifone Victa, as the collection is known, was announced Thursday (Jan. 9) along with a SoftPOS solution called Verifone Tap and new biometrics capabilities. The company plans to showcase the products next week at the National Retail Federation’s Big Show in New York […]

Mashgin and Verifone Team on AI-Powered Self-Checkout

May 20, 2024
Touchless self-checkout company Mashgin has launched a partnership with payments solution provider Verifone. The two companies’ integration, announced Monday (May 20), will let Mashgin deploy its computer vision self-checkout system via Verifone’s Commander solution,...

Verifone Appoints Fiserv Executive Himanshu Patel as New CEO

October 10, 2023
Verifone appointed Fiserv executive Himanshu Patel as its new CEO effective Nov. 1. Patel succeeds Mike Kohlsdorf, who has been CEO since August, the global provider of payment solutions said...

Verifone Appoints Francisco Partners Veteran Mike Kohlsdorf as CEO

August 01, 2023
Global payment solution provider Verifone has appointed one of its advisors, Mike Kohlsdorf, as its new CEO. Kohlsdorf has been a senior operating partner affiliated with Francisco Partners, the owner...