Paragon Application Systems Signs FSS as an International Distributor

Strategic alliance expands Paragon’s presence in GCC countries

HOLLY SPRINGS, N.C.--()--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.

Contacts

For Paragon Application Systems
Amber Estes Bush, 678-781-7219
Amber@williammills.com

Release Summary

Paragon today announced that India-based FSS, a global payments and fintech leader, will serve as an international distributor, reselling Paragon’s products and services to the GCC countries.

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Contacts

For Paragon Application Systems
Amber Estes Bush, 678-781-7219
Amber@williammills.com