Card Briefs: NYCE Links Systems In Midwest, Northeast

interregional communications link between its home in the Northeast and the Midwest territory added when it acquired the Michigan-based funds transfer network Magic Line Inc.

The link creates a single network for automated teller machine and on-line point of sale transactions, and reduces costs, NYCE said. Cardholders from all 2,300 participating financial institutions have access to 35,000 ATMs and 185,000 POS terminals.

For reprint and licensing requests for this article, click here.
MORE FROM AMERICAN BANKER