Paragon Application Systems
Encyclopedia
Paragon Application Systems is an American
software company specializing in test and simulation applications for EFT
systems. Their customers are banks
, credit unions
, payment processors
and interbank networks
. Since 1994, Paragon Application Systems has provided Software testing
solutions to simulate and test virtually any point in the transaction processing stream, so financial institutions can ensure that their electronic payment systems are reliable and error-free. The company has in-depth experience with system testing and simulation.
. Gary Kirk, the president and co-founder, has over 25 years of experience in the e-payments industry.
Turkish Economy Bank
has leased FASTress and professional services from Paragon Application Systems, Inc. to stress test its new payment system.
Banelco
has licensed software from Paragon Application Systems Inc. to simulate and test its ATMs and interfaces with its member organizations.
SmartSoft IT, a payments processing software provider, recently utilized FASTress from Paragon Application Systems to determine the improved performance of their Smart Risk Manager (SRM) Credit/Debit Card and Merchant Fraud system.
Evertec has licensed software and services to implement voice guidance in their ATM network.
Bank of Hawaii
needed to conduct performance and regression testing To verify their system capacity when moving from a single-node to multi-node system and they chose Paragon FASTress for stress testing and Paragon FASTest for regression testing.
United States
The United States of America is a federal constitutional republic comprising fifty states and a federal district...
software company specializing in test and simulation applications for EFT
Electronic funds transfer
Electronic funds transfer is the electronic exchange or transfer of money from one account to another, either within a single financial institution or across multiple institutions, through computer-based systems....
systems. Their customers are banks
Bank
A bank is a financial institution that serves as a financial intermediary. The term "bank" may refer to one of several related types of entities:...
, credit unions
Credit union
A credit union is a cooperative financial institution that is owned and controlled by its members and operated for the purpose of promoting thrift, providing credit at competitive rates, and providing other financial services to its members...
, payment processors
Payment processor
A payment processor is a company appointed by a merchant to handle credit card transactions for merchant banks. They are usually broken down into two types: front-end and back-end....
and interbank networks
Interbank network
An interbank network, also known as an ATM consortium or ATM network, is a computer network that connects the ATMs of different banks and permits these ATMs to interact with the ATM cards of non-native banks....
. Since 1994, Paragon Application Systems has provided Software testing
Software testing
Software testing is an investigation conducted to provide stakeholders with information about the quality of the product or service under test. Software testing can also provide an objective, independent view of the software to allow the business to appreciate and understand the risks of software...
solutions to simulate and test virtually any point in the transaction processing stream, so financial institutions can ensure that their electronic payment systems are reliable and error-free. The company has in-depth experience with system testing and simulation.
. Gary Kirk, the president and co-founder, has over 25 years of experience in the e-payments industry.
Turkish Economy Bank
Türk Ekonomi Bankasi
Türk Ekonomi Bankası , abbreviated TEB, was founded in 1927 by private investors as a regional bank under the name of Kocaeli Bankası T.A.Ş. in İzmit, Turkey....
has leased FASTress and professional services from Paragon Application Systems, Inc. to stress test its new payment system.
Banelco
Banelco
Banelco is an ATM network in Argentina. Banelco offers several services related to the cash-management flow, such us debit cards, electronic transfers, services payments, etc. Its main competitor in the Argentine market is Link....
has licensed software from Paragon Application Systems Inc. to simulate and test its ATMs and interfaces with its member organizations.
SmartSoft IT, a payments processing software provider, recently utilized FASTress from Paragon Application Systems to determine the improved performance of their Smart Risk Manager (SRM) Credit/Debit Card and Merchant Fraud system.
Evertec has licensed software and services to implement voice guidance in their ATM network.
Bank of Hawaii
Bank of Hawaii
The Bank of Hawaii Corporation is a regional commercial bank headquartered in Honolulu, Hawaii. It is Hawaii's second oldest bank and its largest locally owned bank in that majority of the voting stockholders reside within the state...
needed to conduct performance and regression testing To verify their system capacity when moving from a single-node to multi-node system and they chose Paragon FASTress for stress testing and Paragon FASTest for regression testing.