www.gfg-group.com | Newsletter

Welcome to our online monthly update
for GFG customers and partners

In this issue we announce the first Vietnamese sale of Cadencie, to the Bank for Investment and Development of Vietnam. Philippines-based Asia United Bank has purchased GFG:FINsim for testing ATM machines and switches, and we announce a new strategic customer role for GFG’s Chief Technology Officer. We also reprint a recent story from New Zealand’s Dominion Post which highlights GFG’s leadership in the mobile payments space. Our partnership with Smart Communications – the Philippines’ largest company – has helped Smart become a world leader in ‘convergent’ payments using both cards and mobile handsets. This month's Goldfinch Report looks at why the convergence of mobile and payments cards is a mass market opportunity, and what needs to happen next. As usual, these sometimes controversial reports carry the disclaimer that they represent the personal opinion of Peter Goldfinch, rather than the views necessarily of GFG Group. We hope you'll find this update worthwhile. Please do send me your comments and feedback here and please do subscribe others as appropriate.

Best regards,
Marie Tamplin-Woods
Group Sales and Marketing Manager
GFG Group

First sale of Cadencie into Vietnam

The Bank for Investment and Development of Vietnam has purchased Cadencie to spearhead its entry into Vietnam’s developing electronic banking market. Read the full story

Strategic customer role for GFG
Group Chief Technology Officer

GFG Group Director and Chief Technology Officer Bill Crocker has been appointed to the new and expanded role of Director, Payment Solutions. Read the full story

Asia United Bank saves with GFG:FINsim

Philippines-based Asia United Bank has purchased GFG:FINsim for testing its ATM machines and switches, saving a full time salary equivalent and freeing ATM machines previously used for testing to be deployed into production. Read the full story

GFG Banking on mobile technology

5 August 2006, by Andrew Janes
Reprinted by kind permission of Dominion Post

IMAGINE being able to buy lunch, withdraw money at McDonald's or repay a debt to a friend just by using your mobile phone. Rather than some fanciful vision of mobile commerce in the next decade, these services are already available to cell phone users in the Philippines, using technology designed by New Zealand company GFG Group. Read the full story

Convergence of Mobile & Cards-based
Payments is a Mass Market opportunity

Consumers, mobile operators, card issuers and monetary authorities may have different priorities, but all have much to gain from convergence, writes Peter Goldfi nch – GFG Group’s General Manager for South East Asia. In this issue of the monthly Goldfinch Report, Peter outlines why convergence of mobile and card-based payments cards is anything but a niche opportunity, and why the next step must be taken by handset manufacturers. Peter’s credentials have been earned over 23 years experience in electronic payments, including pioneering work on ATMs and EFTPOS, and the introduction of credit and debit cards in Russia.
Read the latest Goldfinch Report




	Seamless testing, seamless production

	ASB Bank has used GFG:FINsim to take what the bank describes as an ‘exponential leap’ forward in its ability to test new code and predict system behaviour. read more



	Payment solutions you can bank on

	At Australia's Bendigo Bank, GFG's Cadencie solution for merchant acquiring and management has transformed the profitability of Bendigo's card systems and provided a stable platform for new value added services. read more