Challenge Mission

From the Factions FAQ:

Challenge missions involve specific scoring objectives, such as holding out against progressive waves of enemies. The rewards may be experience, gold, and faction, depending on completion and mission. You will see personal bests and high scores displayed within the game.

Guild Wars Factions features the following challenge missions:
 * Dragon's Throat (Kaineng City awarding Gold)
 * Altrumm Ruins (Echovald Forest, awarding Kurzick faction)
 * Amatz Basin (Echovald Forest, awarding Kurzick faction)
 * Zos Shivros Channel (Jade Sea, awarding Luxon faction)
 * The Aurios Mines (Jade Sea, awarding Luxon faction)

Records
There is a NPC (Records) in the location of a challenge mission. You can see there the Daily Best, Monthly Best and All Time Best. In each category the best 10 will be displayed. The First 3 of each category are colored in Gold (#1), Silver(#2) and Bronze(#3). The records seem to be Territory limited.