Transalliance signed an agreement with banking regulators Friday to expedite year-2000 testing with its ATM, credit card, and debit card clients.

Under the accord, reached with all five agencies, Transalliance must complete all outside testing and be year-2000 compliant by June 30. If the company misses the deadline, it must release interested clients from their contracts and transfer them, without penalty, to another service provider.

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