Verifone’s MX870 Selected by KeyBank to Speed Customer Identification and Enhance Customer Experience
San Jose, CA - February 06, 2007 - Verifone Holdings, Inc. (NYSE:PAY) announced today that KeyCorp (NYSE: KEY) has selected Verifone’s customer-facing MX870 multi-media system for deployment at all KeyBank teller workstations.
Cleveland-based KeyCorp is one of the nation's largest bank-based financial services companies, with assets of approximately $95 billion, and operates 949 full service branches, located in 23 geographic districts across 13 states.
The MX870 provides financial institutions with the ability to offer a new range of services to customers and to take full advantage of the time that the customer interacts with the teller.
The MX870 offers the most advanced color ¼-VGA systems available on the market today, ideally suited to attention grabbing marketing programs. Verifone’s electronic signature software provides a “best practice” method for capturing a biometric electronic signature and binding it to the transaction data in a tamper evident manner.
”Financial institutions recognize that the advanced technology of Verifone’s payment products provides the ideal foundation for customer-facing bank applications,” said William G. Atkinson, Verifone executive vice president, Payment Systems. “Our experience in delivering customer-facing applications is well-suited for the teller station environment and enables tellers to handle a larger number and wider variety of transactions.”
The PCI-PED approved MX870 merges full-motion video, a 65,536 color display, high quality digital sound in a single, easy-to-use system. Verifone’s device management software streamlines the set-up and configuration of consumer-facing systems and multimedia content management software provides a practical, economical way to manage and deliver branding, promotion, and advertising.
Cleveland-based KeyCorp (NYSE: KEY) is one of the nation’s largest bank-based financial services companies, with assets of approximately $92 billion. Key companies provide investment management, retail and commercial banking, consumer finance, and investment banking products and services to individuals and companies throughout the United States and, for certain businesses, internationally.
About Verifone Holdings, Inc.
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.