Brian Stanley (Laois-Offaly, Sinn Fein) | Oireachtas source

There is an urgency to this, though, because ATMs are used a lot. The point I am making is that I think the concern here is that it is a bit like the vulture funds. When the vulture funds started buying loans and when we had the discussions about that, some vague commitments were given that there would be protection and a level of regulation. As I said earlier, for the person now paying an 8.5% interest rate on a loan they took out at 3%, those vague commitments did not give them any protection. As regards the ATM network, if three quarters of the machines are controlled by independent ATM companies, not the banks, we are heading into difficult territory for the public who use ATMs weekly.