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Faximmé - Financial Transaction Simulator

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FaXimmé – Accelerated Financial Transaction Testing A ‘smarter, faster’ approach to testing and validating financial transaction systems. Business Context Whenever a new feature or change is made to your payment transaction system, do you find yourself pondering over some of the following issues? • Under what conditions will the proposed change in transaction messaging / Network standards fail in the live environment? Can we perform pre-certification testing on POS, ATM and network software prior to release of simulator by card association companies? • How do the changes in transaction messaging / network standards impact functionality? • Do we have to buy a new license or upgrade simulator software every time a new card type or card scheme is implemented? Do we always encounter crunched timelines, whenever it comes to certifying the transaction systems? FaXimmé A Financial Transaction Simulator developed by Thinksoft using in-depth experience, domain knowledge and unique track record of independent testing. The product addresses the following key limitations posed by the current tools A. Lack of ability to configure messages in a non-intrusive manner B. Inability to compare the expected result with actual result in an automated manner C. Inability to configure new card schemes in the tool D. Lack of support for running multiple instances in the same hardware environment With FaXimmé you can: A. Test out proposed modifications in network / messaging standards upfront prior to implementing the changes in the network. B. Offer pre-certification solution to banks and vendors to attain readiness for offline / online certification testing. C. Provide a fully customizable solution to test upcoming card products and schemes at an attractive price point. D. Get the benefit of using specialized tool features and pre-configured test data evolved from our deep expertise in financial software testing. E. Adapt to the rapid technological and regulatory changes that drive the dynamic world of financial transactions. It facilitates the one key competitive advantage - Time to Market. FaXimmé Trust the Experts
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Page 1: Faximmé - Financial Transaction Simulator

FaXimmé – Accelerated Financial Transaction TestingA ‘smarter, faster’ approach to testing and validating financial transaction systems.

Business ContextWhenever a new feature or change is made to your payment transaction system, do you find yourself pondering over some of the following issues?

• Under what conditions will the proposed change in transaction messaging / Network standards fail in the live environment?

• Can we perform pre-certification testing on POS, ATM and network software prior to release of simulator by card association companies?

• How do the changes in transaction messaging / network standards impact functionality?

• Do we have to buy a new license or upgrade simulator software every time a new card type or card scheme is implemented?

• Do we always encounter crunched timelines, whenever it comes to certifying the transaction systems?

FaXimmé

A Financial Transaction Simulator developed by Thinksoft using in-depth experience, domain knowledge and unique track record of independent testing. The product addresses the following key limitations posed by the current tools

A. Lack of ability to configure messages in a non-intrusive manner

B. Inability to compare the expected result with actual result in an automated manner

C. Inability to configure new card schemes in the tool

D. Lack of support for running multiple instances in the same hardware environment

With FaXimmé you can:

A. Test out proposed modifications in network / messaging standards upfront prior to implementing the changes in the network.

B. Offer pre-certification solution to banks and vendors to attain readiness for offline / online certification testing.

C. Provide a fully customizable solution to test upcoming card products and schemes at an attractive price point.

D. Get the benefit of using specialized tool features and pre-configured test data evolved from our deep expertise in financial software testing.

E. Adapt to the rapid technological and regulatory changes that drive the dynamic world of financial transactions. It facilitates the one key competitive advantage - Time to Market.

The Product has many unique features. It

A. Allows users to configure any new ISO compliant message schema, without having to carry out any code changes.

B. Enables quick and easy configuration of forthcoming and / or yet to be implemented card schemes.

C. Facilitates export of card profiles, merchant profiles, transaction profiles and card response profiles to a file. The exported file can be then used as an input file to import all the profiles into another instance of FaXimmé.

D. Permits users to compare an actual message with an expected response. You can compare two messages with similar MTI (Message Type Identifier) in the simulator log. This helps identify any potential errors in the transaction message.

E. Support for multiple instances to perform parallel testing in multiple acquirer/issuer environments.

F. Accommodates all card schemes from multiple banks.

Your Bottomline • Card Associations can benefit by having shorter timelines

for User Acceptance Testing of release changes in card simulators. Preliminary test run indicate savings of upto 10-15 working days per tester during user acceptance tests.

• Banking and Financial institutions can benefit due to configurability of the tool which eliminates the need to upgrade the simulator for message changes and results in significant savings in IT effort. In a particular test process we found that the use of tool results in 15% savings in effort per instance of the simulator.

• Cost savings stemming from negating the need for additional IT infrastructure through multiple instance and parallel testing.

Features OverviewThe product helps issuers, acquirers and network providers to carry out financial transaction testing without requiring a direct connection It can be used for all types of testing likeA. Switch Migration B. Product EnhancementsC. Regression D. Pre-CertificationE. Compliance The product comes with a pre-defined set of test cases and setup data for testing.

FaXimméT r u s t t h e E x p e r t s

Page 2: Faximmé - Financial Transaction Simulator

Business ContextWhenever a new feature or change is made to your payment transaction system, do you find yourself pondering over some of the following issues?

• Under what conditions will the proposed change in transaction messaging / Network standards fail in the live environment?

• Can we perform pre-certification testing on POS, ATM and network software prior to release of simulator by card association companies?

• How do the changes in transaction messaging / network standards impact functionality?

• Do we have to buy a new license or upgrade simulator software every time a new card type or card scheme is implemented?

• Do we always encounter crunched timelines, whenever it comes to certifying the transaction systems?

FaXimmé

A Financial Transaction Simulator developed by Thinksoft using in-depth experience, domain knowledge and unique track record of independent testing. The product addresses the following key limitations posed by the current tools

A. Lack of ability to configure messages in a non-intrusive manner

B. Inability to compare the expected result with actual result in an automated manner

C. Inability to configure new card schemes in the tool

D. Lack of support for running multiple instances in the same hardware environment

With FaXimmé you can:

A. Test out proposed modifications in network / messaging standards upfront prior to implementing the changes in the network.

B. Offer pre-certification solution to banks and vendors to attain readiness for offline / online certification testing.

C. Provide a fully customizable solution to test upcoming card products and schemes at an attractive price point.

D. Get the benefit of using specialized tool features and pre-configured test data evolved from our deep expertise in financial software testing.

E. Adapt to the rapid technological and regulatory changes that drive the dynamic world of financial transactions. It facilitates the one key competitive advantage - Time to Market.

The Product has many unique features. It

A. Allows users to configure any new ISO compliant message schema, without having to carry out any code changes.

B. Enables quick and easy configuration of forthcoming and / or yet to be implemented card schemes.

C. Facilitates export of card profiles, merchant profiles, transaction profiles and card response profiles to a file. The exported file can be then used as an input file to import all the profiles into another instance of FaXimmé.

D. Permits users to compare an actual message with an expected response. You can compare two messages with similar MTI (Message Type Identifier) in the simulator log. This helps identify any potential errors in the transaction message.

E. Support for multiple instances to perform parallel testing in multiple acquirer/issuer environments.

F. Accommodates all card schemes from multiple banks.

Your Bottomline • Card Associations can benefit by having shorter timelines

for User Acceptance Testing of release changes in card simulators. Preliminary test run indicate savings of upto 10-15 working days per tester during user acceptance tests.

• Banking and Financial institutions can benefit due to configurability of the tool which eliminates the need to upgrade the simulator for message changes and results in significant savings in IT effort. In a particular test process we found that the use of tool results in 15% savings in effort per instance of the simulator.

• Cost savings stemming from negating the need for additional IT infrastructure through multiple instance and parallel testing.

Features OverviewThe product helps issuers, acquirers and network providers to carry out financial transaction testing without requiring a direct connection It can be used for all types of testing likeA. Switch Migration B. Product EnhancementsC. Regression D. Pre-CertificationE. Compliance The product comes with a pre-defined set of test cases and setup data for testing.

Acquiring Bank

Request Message

Response Message

FaXimmé as a Network & Issuer

Issuer Mode

Acquirer Mode

Request Message

Response Message

FaXimmé as Network &Acquirer

Issuing Bank

Page 3: Faximmé - Financial Transaction Simulator

Support for Card Associations

Visacard

Mastercard

ChinaPay

JCB

IMPS-NPCI

RuPay

Amex

FaXimmé

The graphical interface allows users to configure system, setup and execute test cases and review transaction logs through minimal mouse clicks.

Network Mode

Request Message

RequestMessage

Response Message

FaXimméas an Issuer

FaXimmé as a Acquirer

Switching Network / Hub

Response Message

User interface

gure system setup and execute test cases and review transaction logs through

FaXimméT r u s t t h e E x p e r t s

Page 4: Faximmé - Financial Transaction Simulator

Disclaimer: All the documentation and other material contained herein is the property of Thinksoft Global Services and all intellectual property rights in and to the same are owned by Thinksoft Global Services. You shall not, unless previously authorized by Thinksoft Global Services in writing, copy, reproduce, market, license, lease or in any other way, dispose of, or utilize for profit, or exercise any ownership rights over the same. In no event, unless required by applicable law or agreed to in writing, shall Thinksoft Global Services, or any person be liable for any loss, expense or damage, of any type or nature arising out of the use of, or inability to use any material contained herein. Any such material is provided “as is”, without warranty of any type or nature, either express or implied. All names, logos are used for identification purposes only and are trademarks or registered trademarks of their respective companies.

T r u s t t h e E x p e r t s

About Us

Thinksoft Global Services is an independent Business Assurance and Testing Specialist specifically focused on the financial sector and with a global presence in APAC, the USA, Europe, Middle East and India. With a track record of over 14 million person hours in testing, Thinksoft has delivery centers in Chennai and Mumbai, supported by local offices in Bengaluru, New York, London, Dubai, Singapore, Brussels and Sydney. Thinksoft is ISO 9001:2008 and ISO 27001:2005 certified and its offshore test center at Chennai, India, is PCI:DSS compliant according to industry standards.

For more details contact, [email protected]

Card Association

NFC support Supports NFC enabled transactions

EMV Compliance

Cryptographic Support

DES and Triple DES Algorithm Support

Provides PIN Encryption

Supports message authentication and MAC

Dynamic key exchange

Configurable ISO Schema

Interchange ISO8583 - 1987

Interchange ISO8583 - 1993

Interchange AS2805

Compare incoming message format against the ISO schema

FaXimmé Product Specifications

Transaction Features

Support concurrent and multiple sessions

Provide flexibility to manage all network management and financial transactions

Execute one or multiple transactions under a transaction set

Generate transaction logs with import and export feature

Export transaction logs to XML formats

Compare two messages in simulator log data base

Support for ATM and POS transactions

Testing Capabilities Predefined test repository for standard card schemes

Easy usability Interactive user friendly interface

Currency conversionCurrency table enables currency conversion for cross border transactions

American Express ,China Union Pay simulation, JCB, MasterCard, RuPay, Visa

Flexibility provided to support any new card scheme

Flexible card response profiles

Smart card and contactless EMV transactions

Contactless magnetic stripe transactions

ARQC validation and ARPC generation


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