News / Archive 2005
20 October 2005

Customers do it their way
on new Vodafone Hotlink™
Six months after Vodafone New Zealand launched its HotLink service – allowing customers to use mobile phones to top up prepay or account balances directly from a nominated bank account – customers are using the new service in unexpected ways. read more
20 October 2005
eFunds signs to distribute GFG Group’s
simulation and testing tool GFG:FINsim
GFG Group has signed a worldwide distribution agreement with eFunds, which will see GFG’s innovative GFG:FINsim testing and simulation software made available more widely, particularly in the North American market. read more
1 August 2005
GFG launches card services in OZ
New Zealand-owned payment systems vendor GFG Group has launched an outsourced credit and debit card system into Australia. read more
29 July 2005
Outsource deal looks far beyond banks
A highly specialised payment solutions company has launched for a new offer that may change the face of finance as smaller companies get to compete with their big brothers. read more![]()
21 July 2005
CIT Group first to use new GFG:Utility
outsourced credit and debit card service
CIT Group (Australia) Limited – the subsidiary of global finance and leasing giant CIT Group Inc. – is the first customer to use a new outsourced credit and debit card service from payments specialist GFG Group. read more
20 June 2005
GFG:Mobile powers new Hotlink™ service for Vodafone New Zealand
Vodafone New Zealand has launched a new service which allows customers to top up their Prepay or On Account balance directly from a nominated bank account using their mobile phone. read more![]()
2 May 2005

GFG posts strong revenue and growth
GFG Group has reported strong growth in revenue and profit for its fiscal year ended 31 March 2005 - with growth forecast to continue during 2006. GFG Group chief executive Anthony Howard says revenue grew 68 percent during the year to $NZ 8.4 million. Profitability was also strong, with new investment capital funding major product and infrastructure development. read more
2 May 2005
GFG to open Singapore office
GFG has appointed Peter Goldfinch to the new position of general manager
South East Asia, based in Singapore. The appointment is part of GFG's
plans to increase its 'footprint' in South East Asia, building on
the solid foundation established in the Philippines where GFG has
implemented and supports an award-winning mobile payments solution
for Smart Communications, as well as a major new Cadencie solution
for one of the fastest growing banks in the region - Banco de Oro. read more![]()
2 May 2005
Balanced on the downside of the lifecycle curve
The credit and debit
card market is about to undergo radical change, argues GFG Group's
newly-appointed general Manager South East Asia, Peter Goldfinch.
In this thought provoking opinion piece, Peter draws on his 23 years
consulting experience in the international electronic payments business
- including pioneering work on the first ATM and EFTPOS networks
and a key role in the introduction of credit and debit cards in Russia.
His analysis of the market - with particular reference to the Australian
market - is a must read for those interested in global as well as
local trends in credit and debit card usage. read
more![]()
16 March 2005
GFG opens Singapore office
Singapore office joins Philippines branch for rapidly expanding Asian empire. read more![]()
12 February 2005. Auckland.

Endeavour Capital and TMT Venture
invest in GFG Group's growth plans
Venture capital firms Endeavour Capital and
TMT Ventures have co-invested a total of $3 million in privately-owned
New Zealand banking software and services company GFG Group. read more![]()
12 February 2005
Bendigo Bank project wins recognition
GFG Group has won the 2004 Card Smart Award
for outstanding achievement in the Australian and New Zealand cards
industry. read more
12 February 2005
New GFG:UniCARD user forum gains momentum
At the GFG user conference in October a GFG:UniCARD
user forum was formed, with David Spence of Bendigo Bank elected
as the group's first chairman and GFG's Liesel Kuhn appointed as
programme manager for the user forum. read more
12 February 2005
eFUNDS signs to distribute GFG Group's
simulation and testing tool GFG:FINsim
GFG Group has signed a worldwide distribution
agreement with eFUNDS, which will see GFG's innovative GFG:FINsim
testing and simulation software made available more widely, particularly
in the North American market. read more![]()
08 February 2005 / New Zealand Herald
Investors plough $3m into GFG
Banking software developer GFG has secured
a $3 million co-investment from two of the funds in the Government's
VIF (Venture Investment Fund) scheme, Endeavour Capital and TMT Ventures. read more
07 February 2005 / Dominion Post
GFG attracts $3m investment
Venture Capital firms Endeavour Capital and TMT Ventures have pumped $3 million
into Auckland-based payment software firm GFG Group, in return for
a 19 per cent stake in the privately owned firm. read more









