Paragon Application Systems has inked a deal with RS Software India, a provider of digital payment technology solutions that builds payment infrastructure for countries all across the globe and helps businesses transition from legacy to modern e-payment systems.
The alliance addresses the growing demand for testing solutions that provide better automation and more comprehensive code coverage, enabling financial services providers to avoid the hefty cost and risk associated with legacy testing tools.
Paragon provides a suite of testing solutions that automates and virtualizes end-to-end testing of payment systems and ATM networks.
These solutions equip organizations to deploy a testing platform that optimizes existing legacy and digital testing assets and frees testing professionals from manual, repetitive tasks. RS Software’s expertise in deploying solutions within high performance, high availability networks will enhance Paragon solutions by adding the knowledge and support required to address specific needs.
The ongoing cost pressures and accompanying expectation to do more with less have been the primary contributors to the testing challenges financial services providers face. Organizations find themselves addressing more intricate payments testing needs with higher stakes and a leaner workforce. In addition, rapid innovation and competitive pressures in the marketplace are driving the need to deliver new products and services more quickly and with higher quality.
The majority of payments testing today involves quality assurance staff manually running isolated tests using desktop tools located in physical labs. Because this manual method forces testers to conduct a wide array of tests in an attempt to locate critical errors – something akin to shooting in the dark at times – often only around 20 percent or less of the desired scenarios are actually tested, leaving entirely too much to chance.
RS Software is now engaged in building country level digital payment infrastructure as well.
Paragon’s solutions have enabled more than 600 financial institutions, major interchanges, software providers and payment processors across 90 countries to improve their quality and reduce time to market.
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