In the last 10 years the number of IADs have diminished from 418 to 186. But why are IADs leaving and what do you need to know to make the most of your exit? In this article, we talk with Paramount’s Maya Fuentes and Tony Braglio

Paramount recently announced it has acquired the ATM portfolio operated by New Port Richey, FL-based Amer-E-Com Digital Corporation dba First National ATM. Adding to its long list of profitable partnerships over the last few years, this acquisition increases the company’s footprint by more than 1,000 ATMs in 34 states and the District of Columbia.

Paramount Management Group announced today it has acquired the assets of B&B Financial Services, a Maryland-based independent ATM deployer. The acquisition adds another 1,500 units to the Paramount network of retail and financial institution ATMs, further expanding their footprint on the East Coast of the United States.

The independent ATM industry landscape is changing. Compliance regulations are increasing while transaction volumes are decreasing, yet new technology allows users to do a variety of different types of transactions at the ATM. If you are thinking of selling your business or are looking for capital to grow, take some money out of the business or merely take a step back from day-to-day operations you have options. This white paper from Paramount discusses the possibilities available for selling, as well as other options for IADs that are looking to grow their business.

Paramount Management Group has acquired First Regents Banc Services and Equipment based in Franklin, TN, This acquisition further solidifies Paramount’s presence in the ATM outsourcing market as well as expands its current retail footprint in the Southeastern United States.

a cashless society is not a good idea. Going cashless would have a negative impact on many segments of society including the poor – millions of unbanked and underbanked, many of whom are minorities that rely on cash. Cash represents the best form of payment to maintain privacy, it is resilient where digital payments are not, and it is an integral part of many cultural practices like tipping and gift giving.

More and more financial institutions are turning to outsourcing to manage their ATMs. In this case study, you’ll learn why the largest medical profession-focused credit union in Connecticut, Healthcare Financial Federal Credit Union, turned to Paramount to expand their ATM services without the hassle of having to manage the day-to-day operations.

ATMs do not just dispense cash; they dispense value way beyond that of the banknotes they distribute. These machines play a pivotal role in disaster recovery, poverty alleviation and social protection. ATMs are the unsung heroes of certain social classes and provide the only access to the financial system for certain groups. Download our free white paper to learn more.

In this video, Paramount Management Group demonstrates how they are using the BIOPROTECTUs™ System to disinfect and protect its fleet of ATMs against harmful bacteria and viruses

Businesses that refuse to accept cash as a way to lower coronavirus transmission risks are acting contrary to the best available scientific evidence, according the Consumer Choice in Payment Coalition. Based on the best available scientific literature, handling U.S. currency carries little risk of contracting coronavirus infections, as long as proper procedures are followed – the same precautions that are recommended in handling plastic cards or mobile phones.