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UK banks put on notice over overhaul of cash-machine fees

( December 9, 2017, 00:01 GMT | Official Statement) -- MLex Summary: UK banks are under pressure to backtrack on plans to overhaul the fees they pay each other for letting customers use cash machines after regulators said they stand ready to intervene to protect the free-to-use ATM network. The Payment Systems Regulator said, in a response to consumer group Which, it will wait for the banks' Link network to make its final proposals, before deciding whether regulatory action is needed in the "interest of consumers."The statement follows....

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