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How ATM Outsourcing Can Eliminate a Financial Institution’s Regulatory Burden
Banks and credit unions have been outsourcing various elements of their ATM operations for years. But piecemealing out various tasks is not cost efficient and the institution is still responsible for compliance. There is a better way to manage the ATM channel. An ATM outsource provider, one that specializes in financial institution machines, becomes a bank or credit union’s partner and takes an all-encompassing approach to ATM management ‒ reducing costs, freeing up staff time and most importantly reducing or eliminating the regulatory burden.
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Paramount Acquires EZ Payments, Inc.
Paramount Management Group has acquired EZ Payments, Inc., one of the largest deployers in Puerto Rico. With this acquisition, Paramount will now be able to offer additional added value services to retailers, and branding and surcharge-free ATM options to financial institutions on the island.
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Free White Paper: ATM Outsourcing vs. Traditional Managed Services
ATM Outsourcing vs. Managed Services. The two terms get thrown around a lot these days and, therefore, it is understandable that banks and credit unions are confused about what exactly ATM Outsourcing is or how it differs from Managed Services. In this FREE white paper from Paramount subsidary Sharenet, you’ll learn the difference and why ATM Outsourcing is a much more robust service.
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Premier Source Credit Union Partners with Paramount Subsidary Sharenet to Offer Cash@Work at 2 Massachusetts Companies
Paramount Subsidary Sharenet partners with Premier Source Credit Union to offer reliable account access at two local Massachusetts employers.
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Free White Paper: The Benefits of ATM Outsourcing
Running ATMs is all about proper management. Some financial institutions work to run a 100% in-house network. Others juggle a group of vendors. A growing number are turning to professional ATM deployers, that specialize in outsourcing, to manage their ATMs. But why? Find out more in this FREE white paper.
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Paramount Acquires Puerto Rico-Based ATM Group, Corp.
With the addition of ATM Group and last year’s acquisition of Sharenet, which includes retail and financial institution accounts, Paramount now operates the largest network of independent ATMs throughout Puerto Rico.
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