(Holly Springs, NC- February 25, 2014) DenizBank, one of the top five private sectors banks in Turkey, recently conducted load testing on their payment engine using the stress and load testing solution, FASTress, and professional services from Paragon Application Systems. Their goal was to verify system performance with a new database version.
Oman Arab Bank Speeds Development of Payment Infrastructure with Testing Solutions from Paragon Application Systems
(Holly Springs, NC – February 12, 2014) Oman Arab Bank (OAB), a leading bank in Oman, has licensed FASTest for POS (Point of Sale) from Paragon Application Systems (Paragon) to simulate and test ISO 8583 financial message formats used in their payment infrastructure. Paragon developed a custom POS format for OAB to support their unique specifications.
Featured 3-Hour EMV Workshop Teaches Attendees
“The Why, When, and How of Implementing EMV at the ATM”
(Holly Springs, NC— February 10, 2014) Paragon Application Systems, the only US-based company to have earned MasterCard accreditation for EMV guidance, and SCIL-EMV Academy, America’s EMV migration experts, announce a partnership with the ATM Industry Association (ATMIA) to deliver a unique new EMV Payments Workshop. Entitled Implementing EMV at the ATM: Why, When, and How, the three hour workshop prepares the ATM industry for migration to EMV based credit and debit cards in the United States.
Software Group Bulgaria Uses Paragon Application Systems To Enhance their ATM Application Development
(Holly Springs, NC—January 28, 2014) Software Group, a Bulgarian provider of software solutions and services to financial institutions worldwide, recently licensed ATMulator Plus and FASTest from Paragon Application Systems. They were looking for a solution to simulate, configure and test their ATM management products.
(Muscat, Oman—October 30, 2013) National Bank of Oman (NBO), one of the largest banks in the Sultanate of Oman, and Paragon Application Systems, a leading global provider of software testing solutions, recently signed an agreement, under which the bank will conduct pre-certification testing using Paragon's FASTest solution in preparation to apply for access to the UAE switch.
Paragon software speeds testing, boost quality and increases collaboration
(HOLLY SPRINGS, N.C.—Oct. 21, 2013) – Paragon Application Systems, the leading provider of ePayment testing solutions for the financial services industry, announces the launch of its revolutionary Web FASTest product. Web FASTest is the first web-based testing tool to provide a real-time view of an organization’s testing operations through any web browser.
(Holly Springs, NC— September 26, 2013) Paragon Application Systems, Inc., the global leader in ePayments testing, announced today that Gary Kirk, co-founder and President of the company since its inception in 1994, is retiring at the end of September. Jim Perry currently Paragon's Vice President of Sales and Marketing, will serve as the company’s new CEO. Mr. Kirk will continue to serve in an advisory role until the end of the year to ensure a smooth and orderly transition.
(Holly Springs, NC—September 12, 2013) Understanding Payment concepts, acronyms and transaction flows is crucial for Payments industry professionals. Paragon recognizes the need for Payments education for those who are new to the industry and those desiring more information on new developments in Payments. Paragon pioneered free, online EMV training classes this year which have been very successful with almost 1500 views to date. Now we are expanding our online training with a series of free Payments industry online classes.
(Holly Springs—August 13, 2013) Ukrainian Processing Center (UPC), the leading provider of ePayment processing and outsourcing in the Ukraine, recently chose Web FASTest from Paragon Application Systems, for their ePayment testing platform. UPC selected Web FASTest because it was the only solution that provided a centralized, web-based testing platform for use by UPC customers, vendors and internal users for certification testing, function and regression testing, and development of new ISO 8583 financial message interfaces.
(Holly Springs, NC—July 30, 2013) Paragon Application Systems, the leading, independent provider of ePayment testing solutions, is pleased to announce that it has completed the MasterCard Third-Party Accreditation Program and is ready to provide guidance on the impact of EMV to financial institutions who are preparing to implement the technology for their cardholders and merchants.
(Holly Springs, NC—July 17, 2013) Migrating from magnetic stripe cards to EMV chip cards is a major project that will impact all parts of a payments organization. At Paragon Application Systems (Paragon), we know that the first step to a successful EMV migration is establishing a solid understanding of EMV and chip card technology. That’s why Paragon has developed a series of free EMV online training classes presented by Deborah Spidle, Director of EMV Solutions for Paragon. Current classes include:
"An Introduction to EMV, Part 1- History, Business Drivers, Benefits, and Challenges": Free Online Training from Paragon Application Systems
(Holly Springs, NC—May 23, 2013) Paragon Application Systems recognizes that everyone involved in ePayment transactions will need a solid foundation in EMV in order to successfully migrate from magnetic stripe cards to EMV chip cards. We also know that Payment Professionals have busy schedules and need to have access to appropriate information about EMV when they need it. That’s why we are developing a series of online EMV training courses.
(Holly Springs, NC—April, 23, 2013) A successful EMV migration starts with a thorough understanding of EMV. There are significant differences between an EMV chip card transaction and a magnetic stripe transaction. These differences impact everything from cardholder behavior, to ATM and POS devices, to financial message processing and settlement. To introduce customers to EMV, Paragon Application Systems is launching a free online training course, EMV in 16 Minutes.
EMV is the Best Defense Against Counterfeit Fraud Presentation by Paragon Application Systems at the ATMIA US Conference
Learn how EMV reduces counterfeit fraud resulting from skimming in the ATMIA presentation by Deborah Spidle, Director of EMV Solutions for Paragon Application Systems
(Holly Springs, NC—February 18, 2013) Fraud reduction is one of the most important factors driving the US migration to EMV. Recent reports indicate that fraudsters are targeting the US as it is easier to commit fraud with magnetic stripe cards than with EMV chip cards.
Deborah Spidle, Director of EMV Solutions from Paragon Application Systems will deliver a presentation on how EMV is the Best Defense Against Counterfeit Fraud at the ATMIA US Conference, February 19-21st in Scottsdale, Arizona.
(Holly Springs—November 30, 2012) Deborah Spidle from Paragon Application Systems and Mansour-Aaron Karimzadeh from Smart Commerce Intl will present a webinar entitled EMV Migration Strategies for ATM Acquirers and Processors on Tuesday, December 4th at 11:00am Eastern Standard Time. The webinar is sponsored by the ATM Industry Association (ATMIA).
(Holly Springs, NC-November 20, 2012) Paragon Application Systems, the leading independent provider of ePayment simulation, configuration and testing solutions, announces that it has joined the EMV Migration Forum. Founded by the Smart Card Alliance, the EMV Migration Forum is a group of payments industry professionals who are collaborating on issues related to the migration from magnetic stripe cards to EMV chip-based cards in the United States.
Paragon Application Systems Teams with Trusted Security Solutions to Offer ATM Remote Key Load Testing
(Holly Springs, NC—November 13, 2012) Paragon Application Systems (Paragon), a leading independent provider of ePayment simulation and testing solutions has partnered with Trusted Security Solutions (TSS), a leading provider of ATM key management solutions, to add Remote Key Load (RKL) testing to Paragon’s ATM simulation, configuration and testing solutions. TSS is providing the RKL module for Paragon’s ATMulator Plus, FASTest, and FASTress products.
Holly Springs, NC— September 10, 2012) Acquirers, issuers, and processors in Latin America are racing to meet the mandates imposed by MasterCard and Visa for migrating from magnetic stripe cards to EMV chip cards in their region. Paragon Application Systems will present solutions to prepare for EMV migration at the CL@B 2012 Conference in Panama from September 11-13.
(Holly Springs, NC—August 1, 2012) Paragon Application Systems announces the recent launch of the “What’s the 411 on EMV?” blog, www.emv411.com, designed to address the US payment’s industry need for reliable information about EMV.
Ukrainian Processing Center, the leading provider of ePayment processing and outsourcing in the Ukraine.
UPC needed a centralized, web-based testing platform for use by UPC customers, vendors and internal users for certification testing, function and regression testing, and development of new ISO 8583 financial message interfaces.
Web FASTest is the hub of UPC’s testing and development program.
- UPC Member Banks conduct online pre-certification testing and online certification using Web FASTest
- Outside developers use the software development kit in Web FASTest to develop and test their own ISO 8583 financial message formats
- Internal users employ Web FASTest for functional testing and plan to use it for regression testing, stress testing and building detailed testing reports
Certification:“Conducting bank and client certifications host-to-host with Web FASTest has reduced the time required by our test engineers for customer support,” says Vladislav Huzov, Head of New Technologies for UPC. “During the certification process banks and clients are able to analyze the results of test cases and identify and correct errors without any significant involvement by the UPC test engineers.”
Software Testing: “With Web FASTest we have developed a new approach to interact with our outsourced software vendor," adds Huzov. “We prepare all the necessary tests and detailed test descriptions in advance and our vendor connects with Web FASTest to test their code. As a result, at the end of the development process we have stable code and the testing process takes less time.”
"We believe that Web FASTest has a great future and the UPC professional team would like to help make it as complete and competitive as possible,” says Huzov. “Most of our proposals for improving Web FASTest focus on creating a more friendly interface and optimizing the simulator so it works with a large amount of financial message formats and multiple types of tests including regression, certification, stress testing and more.”