In Briefs: Fifth Third Processor Invades MAC's Turf

Midwest Payment Systems, a unit of Fifth Third Bancorp, will provide automated teller machine processing for Lebanon Valley National Bank's 17 ATMs.

The $600 million-asset Lebanon, Pa., bank will also participate in MasterCard's MasterMoney off-line debit program.

The agreement marks further expansion for Midwest Payment Systems into Electronic Payment Services' territory, after the settlement of an antitrust suit with the U.S. Department of Justice.

Banks in the MAC network, owned by Electronic Payment Services, are now able to choose among competing processors.

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