The PRWIRE Press Releases https:// 2014-03-25T00:49:17Z GFG Group partners with Dbvisit Software for database disaster recovery solution 2014-03-25T00:49:17Z gfg-group-partners-with-dbvisit-software-for-database-disaster-recovery-solution Auckland, New Zealand.  25 March 2014: International electronic payments software solutions company GFG Group and Dbvisit Software, the leading global provider of Oracle® disaster recovery for Standard Edition users, today announced a new partnership. The partnership will see GFG Group and Dbvisit work together to deliver Oracle disaster recovery, through the Dbvisit Standby and Replicate products, as an added feature in GFG Group’s electronic payment solutions and services for customers using Oracle as the underlying database. The strategic partnership further enhances GFG Group’s solutions offerings for both prospective and existing customers using GFG Group’s Cadencie™ card management or Simfonie™ mobile payment solutions, says Wayne Robinson, GFG Group’s Senior Vice President of Sales and Marketing.  “GFG Group’s goal is to be a one-stop-shop for customers, offering them end-to-end services and solutions that meet their payment needs at a competitive price point. Key alliances with like-minded partners like Dbvisit move us closer to that goal. Dbvisit’s Standby and Replicate products are feature rich and represent good value for our customers. They deliver comprehensive disaster recovery and business continuity on Oracle Standard Edition, providing considerable savings and giving customers the peace of mind that their critical data is available and up-to-date when and where it is needed. “We’ve already had some interest from our existing customers and we will also be offering the Dbvisit disaster recovery option to all new deals,” Wayne Robinson says. Arjen Visser, founder and CEO of Dbvisit Software, says: "We believe in providing solutions that deliver true value to our customers. Dbvisit Software offers smart alternatives to traditional expensive legacy software and licensing. It is easy-to-use, implement and maintain. This translates into cost effective solutions for customers." Disaster recovery, or ensuring business continuity in the face of disaster, is top of mind for most businesses and Dbvisit Partner Manager Kelly Langi says demand for a cost-effective disaster recovery and business continuity solution from organisations using Oracle-based products is high: “We are seeing strong demand worldwide from users of applications built on Oracle databases that are looking for affordable disaster recovery solutions, without the requirement to initiate a costly upgrade to Enterprise Edition. “It’s great to be partnering with another New Zealand-headquartered company that has enjoyed similar success in the global marketplace and is committed to providing smart solutions to their clients,” Kelly Langi says. -Ends- About Dbvisit Software Dbvisit Software develops disaster recovery and replication products for Oracle® databases that ensure an organization’s critical data is available and up-to-date when and where it is needed, whether on-premise, in the cloud, or in a hybrid configuration. Dbvisit flagship products include Dbvisit Standby, which delivers cost effective and reliable disaster recovery solutions, and Dbvisit Replicate, which brings affordable logical replication solutions to organisations using Oracle databases. Over 800 business, academic, and public sector organisations in 80 countries trust Dbvisit products. More information: www.dbvisit.com Released by Sayle Noble &amp; Associates for GFG Group. GFG Group appoints Katherine David regional business development manager for Asia 2014-03-06T00:19:34Z gfg-group-appoints-katherine-david-regional-business-development-manager-for-asia Auckland, New Zealand. 06 March 2014. New Zealand-headquartered international electronic payments software solutions company GFG Group has appointed Katherine David to the position of Regional Business Development Manager, Asia, based in the Philippines. Katherine David is responsible for driving sales and providing support to new and existing customers in the Asian region, with a particular focus on sales of GFG Group’s FINsim testing tool.  Katherine reports to GFG Group’s Global Head of FINsim Sales, Ewan Wilson. GFG Group has an established customer base in Southeast Asia and is experiencing a growing demand for its payments solutions here and across the wider Asian region, Ewan Wilson says. Katherine David’s appointment was made in anticipation of a growth in sales in the region and also underlines GFG Group’s commitment to investing in and strengthening its office in the Philippines to create a regional hub to consolidate the company’s presence in the Asian region and provide support for existing customers and new business demand. With over 16 years’ experience in the Asian market, Katherine David has extensive relationship and product management, business development and marketing experience spanning the financial services, electronic payments, mobile services, internet and telecommunications industries. Before joining GFG Group, Katherine was senior manager for business development and product at regional online payment service and solutions provider AsiaPay Limited, managing the company’s overall product development and business partnerships with banks, financial institutions and key payment service providers across Asia. She has worked in similar roles for companies including Standard Chartered Bank Philippines, BancNet, Chikka Philippines, and Reach Network Services. Ewan Wilson says Katherine David is the ideal choice to champion GFG Group’s business development efforts in Asia: “Katherine has deep knowledge and experience of the Asian market and she has worked with key banking and corporate clients Asia-wide.  Together with her fresh approach, industry qualifications and contacts, Katherine’s contribution to the GFG Group team and our growth plans for the Asian market is invaluable.” GFG Group CEO, Andreas Kazamias, confirms the company’s commitment to strengthening the regional Asian hub in the Philippines, where GFG Group has had a sales presence for over 10 years, helping to support a growing Asia-Pacific customer base. “The Asian region, specifically Southeast Asia and the Pacific, is a strategically important geography for GFG Group. We have many longstanding clients here and we have been experiencing a continually growing demand for all of GFG Group’s payment solutions – specifically cards and mobile payments, and in recent years increased demand for our FINsim testing tool. Appetite in the region for complete, sophisticated payment offerings is high – and GFG Group’s dedicated focus on providing holistic payment solutions is a key point of difference for us.  We have been working tirelessly to establish strategic partner relationships that enable us to offer our existing customers and prospects end-to-end, high quality, reasonably priced services and solutions that meet their needs.  The next step is to invest in and strengthen a regional office to better support our growth plans and enable us to easily and cost-effectively provide enhanced sales and support services to existing customers and prospects across Asia. We believe the Philippines is the ideal, central location for us to do this,” Andreas Kazamias says. Katherine David is relishing the opportunity to work for GFG Group and help the company expand its payment solutions across Asia: “I was attracted to the opportunity to join a team of recognised payments experts with extensive experience and knowledge, and who are well-respected in the industry. GFG Group has an impressive portfolio of clients and customers across the Asia Pacific, that are leaders in their respective markets, and I’m proud to be a part of this organisation. “Asia is such an exciting and diverse region; it’s undergoing remarkable growth with banks, financial institutions and payment providers eager to take advantage of the advances in technology and payments to deliver quality service and convenience to customers. And there are interesting opportunities in developed countries as well as in Asia’s emerging markets. “With all the advances happening in technology, we are seeing more complex financial transaction types being used across multiple systems and devices. Testing tools are more crucially important than ever to ensure the seamless delivery of services across multiple platforms. My objective is to be able to leverage on the developments that are taking place across Asia and further expand the customer base of GFG Group’s FINsim testing tool. Consumers today are more demanding and expect a certain standard of access to payment services. With FINsim, we aim to provide our clients with the capability to ensure they can seamlessly and successfully roll out services in a manner that is expected by their customers,” Katherine David says. -ENDS- Released by Sayle Noble &amp; Associates on behalf of GFG Group Limited.  South Pacific collaboration between GFG Group and BRED I.T. puts BRED banks on the map 2013-11-11T02:49:14Z south-pacific-collaboration-between-gfg-group-and-bred-i-t-puts-bred-banks-on-the-map Auckland, New Zealand.  11 November 2013.  New Zealand headquartered international payments software solutions company GFG Group has partnered with IT services hub BRED I.T. (Thailand) Limited to enable the successful launch of Fiji’s newest bank – BRED Bank (Fiji) Limited – in just six months, and give BRED (Vanuatu) Limited a state-of-the art payments solution offering the bank greater flexibility and control. BRED Bank (Fiji) Limited and BRED (Vanuatu) Limited are subsidiaries of BRED Banque Populaire, the biggest regional banking society in France’s second largest banking group – Banque Populaire Caisse d’Epargne (BPCE) Group. BRED Bank (Fiji) Limited (BBF) launched its first branch in Suva in November 2012.  To enable a smooth launch, GFG Group and BRED I.T. worked together to set up the Cadencie-based system and services framework for the bank in just six months.  The first phase of the ongoing project included private label debit card issuing and acquiring on ATM and POS, and Visa acquiring on ATM and POS. The infrastructure was developed by GFG Group and is hosted and managed by BRED I.T. at their PCI accredited facilities in Thailand.  Claire Bonnerot, Card Manager at BRED Banque Populaire says BRED is very pleased with the outcome of the first phase of the project: “BRED Bank (Fiji) Limited is a start-up bank; earlier in 2012, the branch hadn’t yet been built. When GFG Group and BRED I.T. started on the project they had just six months to complete and go live with the first phase, including the launch of the bank and provision of e-payment systems and services for customers.  It is a noteworthy achievement in such a short period of time.  We look forward to seeing the outcomes of the next phases of the project.” GFG Group’s Miguel Warren, Vice President Sales, Asia, says the successful first phase of the BBF project is a testament to the capabilities of GFG Group and BRED I.T. and the strong partnership the companies have formed working together on projects in Southeast Asia and the South Pacific.  “Our relationship with BRED I.T. allowed for close cooperation and coordination and resulted in flawless execution of the first, and most important, phase of the BBF project.  Getting the payment system up and running on time for the launch of the bank was crucial.  It’s pretty amazing what we achieved in the timeframe,” says Miguel Warren. GFG Group and BRED I.T. are currently working on subsequent phases of the BBF project, to add further functionality, including Visa issuing and MasterCard acquiring, and the development of a 'standard interchange' with the four major local banks in Fiji.  Miguel Warren says they are in the process of scoping the requirements to build the standard interchange, which would replace the non-standard bi-lateral connections currently established between each of the banks.  At BRED (Vanuatu) Limited (BVL) GFG Group and BRED I.T. collaborated to develop a new, full-service payment system infrastructure for the bank, again based on GFG Group’s card management solution, which is also providing payment switching functionality to drive ATMs and POS devices.  Phase one of the project went live at the end of August 2012 and, like the BBF project, includes private label debit card issuing and acquiring on ATM and POS, and Visa acquiring on ATM and POS.  Subsequent phases of the project include enabling Visa issuing and MasterCard acquiring. Claire Bonnerot says BRED Vanuatu is pleased with the performance of its new system to date, and with the ongoing support and commitment from GFG Group.  “BRED Vanuatu was looking for a proven solution backed by good, responsive support and GFG Group has provided that.  The flexibility of the new system is a key benefit, as is the fact that the system could be customised to exactly fit the bank’s specific requirements.  The system offers better user control and it is easy to make changes without hassle, if needed. “From the perspective of BRED Banque Populaire, in relation to both of these projects we have also seen the benefits of standardising payments systems across BRED’s subsidiaries,” says Claire Bonnerot. “Our goal with every project is to develop a plan of action that delivers the bank-grade secure software, infrastructure, training and ongoing support that will enable our customers to be self-sufficient and put them in the best position to deliver high quality, innovative services and support to their customers,” says Miguel Warren.  “GFG Group and BRED I.T. first joined forces to implement an end-to-end payments solution for Banque Franco-Lao in Laos a couple of years ago.  The success of this project cemented our strategic partnership and since then, we have collaborated on several projects, including the implementations for BRED Bank Fiji and BRED Vanuatu. We have a strong relationship that is further enhanced with the success of each project we undertake together,” Miguel Warren says.  BRED I.T. and GFG Group are exploring opportunities to extend their collaboration, such as BRED I.T. selling services and licences on GFG Group’s behalf.  This could also extend to customers other than the BRED subsidiary companies the relationship currently focuses on.  About GFG Group GFG Group is a leading global provider of innovative consumer electronic payments solutions and services to banks, mobile network operators and third party processors.  More than 90 organisations in over 30 countries use GFG Group solutions.  GFG Group’s proven payment solutions use bank-grade security and enable customers to launch products on open platforms faster and with less operational cost.  The combination of greater speed to market and lower operational costs delivered by GFG Group solutions gives customers a measurably faster return on investment.  GFG Group has a Head Office in Auckland, New Zealand, and a presence in Australia; the Philippines; Dubai, UAE; the Dominican Republic; and Chile.  More information:  www.gfg-group.com About BRED Banque Populaire (BRED) and its subsidiaries Founded in 1919, BRED is the biggest regional banking society in the Banque Populaire Caisse d’Epargne (BPCE) Group – the second largest banking group in France. BCPE has over 8.1 million shareholders, more than 36 million customers and employs more than 117,000 people. BRED is a multi-channel bank with 0ver 357 branches and specialised business and wealth management centres in France and French overseas territories. BRED Bank Fiji Limited (BBF) and BRED Vanuatu Limited (BVL) are part of the BRED Banque Populaire group. See: http://www.bred.com.fj AND http://www.bred.vu  Banque Franco-Lao (BFL), in Vientiane, Laos, is a joint venture between COFIBRED, a subsidiary of BRED Banque Populaire, and Banque pour le Commerce Exterieur Lao (BCEL) – a bank owned by the State of Laos. COFIBRED owns a 54% share of BFL, with BCEL owning the balance (46%).  BFL opened its first branch in Vientiane in September 2010, offering modern, premium commercial banking services.  See: http://www.banquefrancolao.com/ BRED I.T. (Thailand) Ltd is a subsidiary of BRED Banque Populaire and operates as an “IT HUB” or “IT centre”, with a datacentre in Thailand, for commercial banks and other companies, mostly in South East Asia and Pacific Ocean areas.  It manages and processes services for multiple banks across multiple countries in the region. See: http://www.bred.fr AND http://www.bcpe.fr Released by Sayle Noble &amp; Associates on behalf of GFG Group Limited. -ENDS- International payments expert takes up CEO role at GFG Group 2013-02-21T01:50:39Z international-payments-expert-takes-up-ceo-role-at-gfg-group-1 Auckland, New Zealand.  21 February 2013.  Electronic payments solutions and services company GFG Group has appointed Andreas Kazamias to the position of Chief Executive Officer, based in Auckland. In this global role, Kazamias takes responsibility for the strategic leadership of GFG Group, guiding implementation of the company plan and operational performance of all the GFG Group companies. GFG Group Chairman Ralph Green says the new appointment is highly strategic as the company looks to accelerate growth for its electronic payments products and services, particularly in developing countries across Africa, Asia and South America. Originally from Australia, Andreas Kazamias is currently Chief Information Officer for online foreign exchange trading group Easy Forex, based at the company’s headquarters in Cyprus. Easy Forex has clients in over 160 countries, with offices in the UK and Poland, and a separately licensed company in Australia. The CIO role is a global position.  Kazamias takes up the CEO role at GFG Group on 11 March 2013. Andreas Kazamias has spent nearly thirty years in senior or leadership roles in the financial services industry at companies in Australia, across Europe and in the UK, including First Data, FBME, ACI, Commonwealth Bank of Australia, Pulse International, St George Bank, National Bank of Greece, Hellenic Bank, JCC Payment Systems, and Cashcard. Kazamias has a long association with GFG Group, beginning when he selected GFG Group’s card system while CEO of FBME in Cyprus. “Andreas took over a basic card centre at FBME and established a successful new card and e-Commerce acquiring company – from concept, to project management of every dimension, through to full operation,” Ralph Green says.  “As a customer, Andreas demanded the best from everyone but particularly himself.  He’s not afraid to push payments product boundaries, while remaining pragmatic about business and customer needs and compliance requirements. We’re delighted he’s accepted the CEO role at GFG Group.” Kazamias says GFG Group’s electronic payments solutions, spanning cards and mobile alongside its leading edge software testing tools, have great potential for further development and provide a strong platform for growth – particularly in developing countries where GFG Group’s speed of implementation combined with bank-grade security give the company a strong competitive edge. “In regions such as Latin America, that are just starting to make the switch to chip card technology, GFG Group’s PCI compliant systems have an advantage,” Kazamias says. “I also see major opportunities in expanding GFG Group’s footprint through third-party sales and support channels.” “My key responsibility is to provide high-level strategic leadership to GFG Group but also, critically, what I’d like to achieve cannot be done by me alone – I see this very much as a team effort at all levels,” Kazamias says. About GFG Group GFG Group is a leading global provider of innovative consumer electronic payments solutions and services to banks, mobile network operators (MNOs) and third party processors.  More than 90 organisations in over 30 countries, including three of the world’s top 20 MNOs, use GFG Group solutions for cards management, mobile payments and banking, and testing.  GFG Group’s proven card payment solution CadencieTM , mobile payment solution SimfonieTM, and testing tools and applications – FINsim, Gateway and PINselect – use bank-grade security and enable customers to launch products on open platforms – faster and with less operational cost. The combination of greater speed to market and lower operational costs delivered by GFG Group solutions gives customers a measurably faster return on investment.  GFG Group’s core research and development team is based in Auckland, New Zealand, with sales, consulting and support staff operating from offices in Melbourne, Australia; Manila in the Philippines; and Dubai, UAE.  For more information, visit www.gfg-group.com Released by Sayle Noble &amp; Associates on behalf of GFG Group Limited. For more information please contact Natalie Moerdyk on +649 307 8450 or email natalie@noble.co.nz. -ENDS- Global partnership boosts delivery capability for GFG Group 2013-01-25T00:36:26Z global-partnership-boosts-delivery-capability-for-gfg-group Auckland, New Zealand.  23 January 2013.  Electronic payment software solutions and services company GFG Group has formed a strategic partnership with Australian-headquartered specialist IT solutions and services delivery provider, Attra.  The partnership boosts service delivery to existing and new clients and sharpens GFG Group’s competitiveness in key emerging markets.  Australia-headquartered Attra specialises in providing independent software testing, application management, portfolio migration, integration and consulting services to clients in the banking, finance and payments industry. Its clients include multinational banks, financial institutions and card processors in 19 countries across five continents. GFG Group’s partnership with Attra spans solution implementation and support for both new and existing clients. It delivers economies of scale, opens up new markets for both companies and enables GFG Group to deliver its solutions more cost-effectively, says Wayne Robinson, GFG Group’s Senior Vice President of Marketing and Sales. “Attra will provide complementary services to the GFG Group suite of payment solutions and products – particularly our Cadencie card payment solution, but also our Simfonie mobile payment solution, and payment and testing tools – FINsim, Gateway, PINselect and Secure Mailer,” he says. “Attra really understands the payments industry and has significant experience in the banking and finance industry.  Attra’s payments knowledge, application management, testing and implementation services and skills combine very well with GFG Group’s deep expertise in the payments industry. This is enabling an enhanced range of services and support for GFG Group clients,” says Robinson.  Attra staff members are already working onsite with GFG Group clients such as Members Equity Bank (ME Bank) in Australia, which uses GFG Group’s Cadencie card management solution. Attra has provided an onsite User testing/Acceptance resource, fully trained and certified by GFG Group in Cadencie.  “The delivery of ME Bank’s card platform has been assisted for many years through a strong working relationship with GFG Group and more recently Attra, who has provided additional specialised credit card knowledge and services,” says ME Bank’s Chief Information Officer, Kath Hawkins. “Attra’s partnership with GFG has benefitted all parties and has provided a greater depth of experience to GFG’s card platform for ME Bank,” Hawkins says. “ME Bank has been pleased to work with GFG as a vendor and Attra as a trusted partner in its card solution delivery.” GFG Group is working with Attra’s global head in India to investigate opportunities in emerging markets, where demand for high-quality but more affordable payment solutions is growing. Key target regions will be emerging markets in Southeast Asia (including Myanmar and Vietnam), the Middle East and Africa. GFG Group and Attra will combine forces to offer payment solutions and services at a keener price-point than would otherwise be possible. In many emerging markets, services and solutions at a New Zealand price-point are prohibitively expensive, Wayne Robinson says.  “Our partnership with Attra provides a low-cost, off-shore alternative. Where it makes sense we can off-shore to India rather than hiring additional staff in New Zealand. This model also works for clients in developed markets, as in the case of ME Bank.  Usually, to meet compliance and regulation testing requirements the client needs to provide people to GFG Group for training, or have GFG Group provide trained staff.  Now, fully trained Attra staff can fill this requirement, working either onsite or remotely. Demand from banks and financial institutions for compliance testing is increasing. The opportunity is there for them to use a trained and certified Attra resource to do this.  This frees clients up to focus on business development.” The Head of Attra’s Australian division, Rajat Agrawal, says the partnership is significant and a win for both companies. “The united go-to-market strategy will enable both partners to provide robust and innovative cards and payments solutions to many more customers,” Agrawal says. About Attra Attra is a leading IT solutions and services delivery provider with its focus on the banking, finance and payments industry. The company provides a range of specialised IT services including consultancy, application management, independent testing, portfolio migration, production support and integration. Attra addresses the changing needs of business with solutions that are flexible, cost-effective, quick to deploy and reliable.  Attra's team of over 500 professionals provide services predominantly in the areas of cards and loans, switching, compliances, fraud &amp; risk, core banking and investment banking. Attra’s clients include multinational banks, financial institutions and card processors across 19 countries and five continents. Headquartered in Australia, Attra has offices in five regions across the globe: Asia (India and Singapore), Australia (Surrey Hills, Victoria), Middle East (Dubai UAE), Europe (London, UK) and the Americas (San Francisco, USA; Ontario, Canada).  For more information, visit www.attra.com About GFG Group GFG Group is a leading global provider of innovative consumer electronic payments solutions and services to banks, mobile network operators (MNOs) and third party processors.  More than 90 organisations in over 30 countries, including three of the world’s top 20 MNOs, use GFG Group solutions for cards management, mobile payments and banking, and testing.  GFG Group’s proven card payment solution CadencieTM , mobile payment solution SimfonieTM, and testing tools and applications – FINsim, Gateway and PINselect – use bank-grade security and enable customers to launch products on open platforms – faster and with less operational cost. The combination of greater speed to market and lower operational costs delivered by GFG Group solutions gives customers a measurably faster return on investment.  GFG Group’s core research and development team is based in Auckland, New Zealand, with sales, consulting and support staff operating from offices in Melbourne, Australia; Manila in the Philippines; and Dubai, UAE.  For more information, visit www.gfg-group.com Released by Sayle Noble &amp; Associates on behalf of GFG Group Limited. For more information please contact Natalie Moerdyk on +649 307 8450 or email natalie@noble.co.nz -ENDS- Demand for automated EFT testing drives solid <br />growth for GFG Group’s FINsim solution 2012-09-20T23:35:27Z demand-for-automated-eft-testing-drives-solid-growth-for-gfg-group-s-finsim-solution Auckland, New Zealand.  21 September 2012.  As more and more banks, Switch Providers and Third Party Processors realise the significant benefits of automated testing for electronic funds transfer (EFT) systems, sales of GFG Group’s FINsim testing tool have steadily increased. Wayne Robinson, GFG Group’s Senior Vice President of Marketing and Sales, says continual compliance changes, staff turnover and advances in the EFT environment are instrumental in increasing the demand on companies to switch from manual to automated EFT testing solutions.  “The EFT environment is constantly changing – new scheme compliance rules, new transaction types, new channels, contactless cards, mobile payments, EMV; these are just several examples of developments that affect EFT operators.  And all new developments, upgrades or changes present risks and need to be tested to ensure those risks are mitigated,” Robinson says.  “Organisations are realising that they simply cannot continue to take the risk of relying on single-focus manual testing to test all of their business rules, with all of the constant updates and changes to keep on top of.  An automated testing solution, such as FINsim, allows all transaction combinations to be tested.  FINsim provides a flexible and economical testing environment that reduces testing timeframes, and increases staff productivity by enabling simplified, efficient testing of even the most difficult, time-consuming scenarios.  Organisations can ensure all upgrades and new releases are fully tested before rollout – which lowers business risk and provides peace of mind.“We believe that FINsim is the most comprehensive, complete and highly-proven automated EFT testing solution currently on the market.  FINsim was recently used to complete a benchmark for a Switch Provider and was able to send and receive more than 44.2 million transactions per hour,” Robinson says.  “It is unique and designed specifically for the EFT industry, by industry experts with decades of experience, so our clients are getting a technically advanced yet easy-to-use product, with superior functionality.” A key differentiator for FINsim is an all-inclusive fee structure.  A one-off, upfront licence fee covers consulting, installation and training and there are no per-user charges or additional costs for numbers of devices being tested. A flat annual maintenance fee includes ongoing support.  FINsim has a worldwide client base.  The testing solution is used in some of the largest banks and processing companies in Africa and the Middle East, Europe, Asia, Australasia and the Americas.  In the last eighteen months GFG Group has sold FINsim to more than 20 new clients, including Artajasa – Indonesia’s largest electronic payments network.  The Artajasa implementation, announced in March 2012, was a strategic win in the region for GFG Group, Wayne Robinson says.  “We’re delighted to be working with a client of Artajasa’s calibre, they are a major player in the Southeast Asia region.  We’ve been building great momentum in Asia and Southeast Asia with our payment solutions, and now FINsim is having significant success there, too.”  In addition to several new sales in Southeast Asia, including the Philippines, GFG Group has sold FINsim to clients in the UAE, Middle East, Sri Lanka, India, Pakistan, Taiwan, South America, the Caribbean, as well as several key sales in Australia and New Zealand.  “We may not be as big as some of our global competitors but we continue to punch well above our weight and I can confidently say we are the market leader in testing tools in the AUNZ region,” Robinson says. “GFG Group’s dedicated focus on providing holistic electronic payment solutions is a key point of difference for us in today’s market.” About GFG Group GFG Group is a leading global provider of innovative electronic payments solutions and services to banks, mobile network operators (MNOs) and third party processors.  More than 90 organisations in over 30 countries, including three of the world’s top 20 MNOs, use GFG Group solutions for cards management, mobile payments and banking, and testing.  GFG Group’s proven CadencieTM (credit card payments), SimfonieTM (mobile payments) and FINsim (testing) applications use bank-grade security and enable customers to launch products on open platforms – faster and with less operational cost. The combination of greater speed to market and lower operational costs delivered by GFG Group solutions gives customers a measurably faster return on investment.  GFG Group’s core research and development team is based in Auckland, New Zealand, with sales, consulting and support staff operating from offices in Melbourne, Australia; Manila in the Philippines; Ho Chi Minh City in Vietnam; and Dubai, UAE.  For more information, visit www.gfg-group.com -ENDS-   GFG Group achieves card payment industry global security standard PCI PA-DSS certification for Cadencie 2012-06-26T02:22:34Z gfg-group-achieves-card-payment-industry-global-security-standard-pci-pa-dss-certification-for-cadencie Auckland, New Zealand. 26 June 2012. New Zealand electronic payment solutions and services company GFG Group has obtained Payment Application Data Security Standard (PCI PA-DSS) V2.0 certification from the Payment Card Industry Security Standards Council (PCI SSC) for its industry-leading card management solution Cadencie, release 7.5.1.Cadencie is a sophisticated card management system that supports both card issuing and merchant acquiring for Visa, MasterCard, American Express, JCB and China UnionPay. It is "Full Grade" EMV compliant.Wayne Robinson, GFG Group&rsquo;s Senior Vice President Sales and Marketing, says GFG Group has always followed industry best practice security recommendations however, the PCI PA-DSS certification process was a natural progression for the company.&ldquo;GFG Group has provided electronic payment solutions with bank-grade security for 20 years and we have assisted many of our customers in achieving PCI compliance. This PA-DSS certification is an assurance to our existing and future customers that GFG Group is positioning its solutions to meet the highest industry security standards, thereby assisting our customers in maintaining their PCI compliance,&rdquo; Robinson says.The PCI SSC created the Payment Application Data Security Standard (PA-DSS) as the definitive data standard for software vendors that develop payment applications. It is recognised as the global payment card industry security standard and provides a guarantee of a high level of security in payment account data and also defines best practices in the development of payment applications.&ldquo;GFG Group has always followed the security recommendations of the PCI SSC for its various products (including flagship products Cadencie, Simfonie and FINsim) and worked closely with security experts, such as Thales. However, the decision to go through the certification process was more recent,&rdquo; Robinson says. &ldquo;Fraud is increasingly a concern for our customers and we believed it was time to invest in this certification and demonstrate our commitment to our customers. GFG Group doesn&rsquo;t compromise on security.&rdquo;________________________________________About GFG GroupGFG Group is a leading global provider of innovative electronic payments solutions and services to banks, mobile network operators (MNOs) and third party processors. More than 90 organisations in over 30 countries, including three of the world&rsquo;s top 20 MNOs, use GFG Group solutions for cards management, mobile payments and banking, and testing. GFG Group&rsquo;s proven CadencieTM (credit card payments), SimfonieTM (mobile payments) and FINsimTM (testing) applications use bank-grade security and enable customers to launch products on open platforms &ndash; faster and with less operational cost. The combination of greater speed to market and lower operational costs delivered by GFG Group solutions gives customers a measurably faster return on investment. GFG Group&rsquo;s core research and development team is based in Auckland, New Zealand, with sales, consulting and support staff operating from offices in Melbourne, Australia; Manila in the Philippines; Singapore; Ho Chi Minh City in Vietnam; and Dubai, UAE. For more information, visit www.gfg-group.com________________________________________Released by Sayle Noble &amp; Associates on behalf of GFG Group Limited.________________________________________ GFG Group year-end financials show consistent, profitable revenue growth 2012-06-01T02:22:45Z gfg-group-year-end-financials-show-consistent-profitable-revenue-growth Auckland, New Zealand. 01 June 2012. Electronic payment solutions and services company GFG Group has reported solid revenue and profit growth for the year ended 31 March 2012. Revenue increased by 15 percent, with profit before tax (EBITDA) of 10 percent of revenue. Growth is forecast to continue through the 2013 financial year.The results are in line with expectations, says GFG Group Executive Director Dennis Row. &ldquo;Over the last two years we&rsquo;ve focussed on building stability and consistency in the company. Our results show we&rsquo;ve achieved that &ndash; this year we&rsquo;re pleased to report consistent and profitable growth for GFG Group. This is a direct result of continued investment in the company, and of focussing on executing our card and mobile convergence strategy,&rdquo; he says.Row says highlights for the 2012 year included the signing of 32 new customers across all regions, including in GFG Group&rsquo;s key target markets of South East Asia, Africa and the Middle East. Sales were strong across each of GFG&rsquo;s three main product lines: Cadencie (card payments), Simfonie (mobile payments) and its FINsim testing tool. New FINsim customers included a highly strategic sale to Indonesia&rsquo;s market leading and largest electronic payment services network, Artajasa.Row says market demand for convergent card and mobile payment solutions is strong and intensifying. This demand, along with the rapid uptake of mobile payments and mobile banking, is driving GFG Group&rsquo;s card and mobile convergence strategy.Demand for complete, integrated card and mobile payments solutions has seen GFG Group evolve from a specialist payments consultancy into a well-rounded electronic payments solutions provider, Row says.&ldquo;We have traditionally had good success with our entire solution set, encompassing proven card and mobile payment solutions, as well as testing. We&rsquo;re now capitalising on this platform by delivering robust, secure, end-to-end payment solutions spanning all mobile devices and card types. Our experience with both card and mobile payment solutions means we&rsquo;re uniquely well placed in a rapidly growing market. We can deliver tailored, end-to-end converged electronic payment solutions that fit our existing and new customers&rsquo; business needs &ndash; in both developed and emerging markets.&rdquo;Other 2012 highlights, Row says, include high retention of existing customers, with several major upgrades and new implementations to meet market demands. Continuing investment in product development has resulted in new software releases. These include enhanced issuing and acquiring features in Cadencie, and new agent and reseller management features in Simfonie.&ldquo;The 2013 financial year has kicked off solidly and we are forecasting similar growth compared to the last two years,&rdquo; Row says. &ldquo;The convergence of card and mobile will remain a key focus for us. We will continue to execute our mobile and card convergence strategy around the market&rsquo;s uptake of mobile payments and mobile banking. We have a significant competitive advantage in our ability to provide bank-grade convergent card and mobile payment solutions for both developed and emerging markets. We will be working with key strategic partners in our target markets to do that,&rdquo; he says.About GFG GroupGFG Group is a leading global provider of innovative electronic payments solutions and services to banks, mobile network operators (MNOs) and third party processors. More than 90 organisations in over 30 countries, including three of the world&rsquo;s top 20 MNOs, use GFG Group solutions for cards management, mobile payments and banking, and testing. GFG Group&rsquo;s proven CadencieTM (credit card payments), SimfonieTM (mobile payments) and FINsimTM (testing) applications use bank-grade security and enable customers to launch products on open platforms &ndash; faster and with less operational cost. The combination of greater speed to market and lower operational costs delivered by GFG Group solutions gives customers a measurably faster return on investment. GFG Group&rsquo;s core research and development team is based in Auckland, New Zealand, with sales, consulting and support staff operating from offices in Melbourne, Australia; Manila in the Philippines; Singapore; Ho Chi Minh City in Vietnam; and Dubai, UAE. For more information, visit: http://www.gfg-group.com-ENDS-