Paragon Application Systems Signs FSS as an International Distributor

Paragon
Application Systems
(Paragon), the leading independent testing
services provider for the financial services industry, today announced
that India-based FSS, a global payments and fintech leader, will serve
as an international distributor, reselling Paragon’s products and
services and providing local support for the Gulf Cooperation Council
(GCC) countries.

Yogesh Dhuldhoya, president software services, FSS, said, “We are
delighted to announce our partnership with Paragon to provide leading
testing products and solutions to banks and financial institutions in
GCC countries. Today, organizations are looking for efficient solutions
to automate their testing processes with the right set of tools and
technologies.

“This partnership brings together two industry experts – FSS with
in-depth payments technology domain understanding and Paragon with
advanced testing technology products. Together, we will be able to
support our customers in the GCC region with cutting-edge testing
technology to streamline their processes and improve efficiencies within
the ATM and payments testing environment.”

“We’re pleased to have this opportunity to partner with FSS, a leader in
the payments industry, to help further grow Paragon’s presence in this
region,” said Jim Perry, CEO of Paragon. “This partnership will enable
organizations in the GCC to more efficiently and effectively test their
ATMs and payment networks, which in today’s market is paramount for
continued success.”

For more than 20 years, Paragon has provided software testing solutions
to the world’s leading financial services brands, including the top six
global card brands, the top 50 merchant acquirers, the top 10 payment
processors, the top 50 retailers and the top 300 banks in the world. The
company’s solutions improve the efficiency and effectiveness of software
testing for these and other organizations around the globe with better
return on investment, overall quality and customer satisfaction.

About FSS

Financial Software and Systems (FSS) is a leader in payments technology
and transaction processing, offering a diversified portfolio of software
products, hosted payment services and software services built over 25
years of comprehensive experience across payments spectrum.

FSS, through its innovative products and services, caters to the
wholesale and retail payments initiatives of leading banks, financial
institutions, processors, merchants, governments and regulatory bodies.
Its end-to-end payments suite powers retail delivery channels such as
ATM, PoS, Internet, Mobile and Financial Inclusion as well as critical
back-end functions such as cards management, reconciliation, settlement,
merchant management and device monitoring.

Headquartered in Chennai, India, the Company services 100+ customers
across the globe, which include leading public and private sector banks
in India and some of the large Banks, FIs, Processors and Prepaid Card
issuers are customers of FSS across North America, UK/Europe, ME/Africa
and APAC and has a team of over 2000 experts serving the clients across
the globe. To know more about FSS and its offerings, please visit www.fsstech.com
or email info@fsstech.com.

About FSS Technologies FZE

FSS Technologies, FZE is the subsidiary of FSS, the leader in payments
technology and transaction processing. Established in 2008, the company
is located in SAIF Zone Sharjah and has established its foot prints in
GCC countries. The company provides payments solution and services in
licensed and hosted models to financial institutions, payments
processors and merchants in Middle East and South Africa. To know more
about FSS Technologies FZE, contact, Mr. Philip George, General Manager
at Tel: +971 6 5575 963 / Email: sales-me@fsstech.com.

About Paragon

Paragon Application Systems is the leading independent provider of
simulation, configuration, certification and end-to-end testing
solutions for the financial services industry. Paragon enables more than
600 financial institutions, major interchanges, software providers and
payment processors across 90 countries to improve their quality and
reduce time to market. The company’s software and services empower
financial services organizations to deliver the services their customers
need when they need them. Visit www.paragonedge.com
for more information, and follow our blog at www.testingrevolution.com/blog.

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