Can Lloyds Bank Block Gambling

Gambling self-exclusion software provider Gamban have partnered with Lloyds Banking Group - owner of British high street banks Halifax, Lloyds and Bank of Scotland - that will allow customers access to its site blocking software. First off, how did we get here? It all began on the 14th of April 2020. All Gambling Operators with a license from the United Kingdom Gambling Commission. Lloyds, Santander, and RBS have approved proposals to develop payment-blocking functions that are set to affect transactions made in high street bookmakers and online betting sites and provide greater protections to those who have an issue with compulsive gambling. Gambling blocking software maker Gamban has secured a partnership with Lloyds Banking Group. As part of the arrangement, customers of the Group will have access to Gamban’s software which prevents payments for gambling-related products or services. Gamban Agrees on Lloyds Banking Group Deal © Pixabay.

Lloyds Banking Group, a UK retail banking group, has announced a partnership with security tech firm Gamban to provide its customers with a gambling protection programme.

The software, set to be rolled out by Lloyd’s, Halifax and Bank of Scotland customers, aims to protect against problem gambling sites and applications, across several platforms including iOS, Android, Windows and macOS.

Lloyd’s decision to team up with Gamban is part of a push by the bank to tackle problematic gambling by some of its customers.

The system which is integrated into Lloyd’s online payment gateway is expected to help people who struggle with gambling by blocking gaming sites and social media sites which have gaming APIs embedded into them.

Jack Symons, the founder of Gamban, said: “It’s very positive to see forward-thinking banking institutions such as Lloyds Banking Group rise to the challenge of protecting vulnerable customers from gambling addiction through barriers such as spend control and collaboration with market-leading gambling-blocking technology, Gamban.”

Elyn Corfield, Managing Director, Consumer Finance, Lloyds Banking Group said: “We know that gambling-related harm can have serious and long term impacts on our customers and we are committed to making sure they can easily access a wide range of support.

“In addition to our card controls that allow the freezing of gambling transactions we are delighted to have developed a pilot with Gamban offering our customers three months free access to their software, providing another level of protection.”

Can Lloyds Bank Block Gambling Card

Three more UK high-street banks have announced plans to allow customers to control and block particular payments via mobile applications, following Barclays’ lead.

Lloyds, Santander, and RBS have approved proposals to develop payment-blocking functions that are set to affect transactions made in high street bookmakers and online betting sites and provide greater protections to those who have an issue with compulsive gambling.

The move comes after Barclays announced back in December a plan to integrate a ‘gambling block’ component across its customer-facing digital platforms.

Can Lloyds Bank Block Gambling Winnings

The trio will update mobile banking apps in order to ensure customers are able to take control over when and where money can be spent.

RBS, which currently has approximately 30 million customers, announced that it would be implementing similar measures to those issued by Barclays late last year.

Barclays’ gambling-block feature allows customers to turn off engagements with all gambling-related properties, as well as blocking payments in four additional categories: food and drink; petrol stations; groceries and supermarkets; and premium websites and phone lines.

Customers will also be able to implement controls that are specifically designed to limit withdrawals from ATMs, as well as credit card purchases both in-store and online. Santander and Lloyds are also due to implement similar controls for the 14 million and 22 million customers respectively.

Lloyd’s decision to team up with Gamban is part of a push by the bank to tackle problematic gambling by some of its customers.

The system which is integrated into Lloyd’s online payment gateway is expected to help people who struggle with gambling by blocking gaming sites and social media sites which have gaming APIs embedded into them.

Jack Symons, the founder of Gamban, said: “It’s very positive to see forward-thinking banking institutions such as Lloyds Banking Group rise to the challenge of protecting vulnerable customers from gambling addiction through barriers such as spend control and collaboration with market-leading gambling-blocking technology, Gamban.”

Elyn Corfield, Managing Director, Consumer Finance, Lloyds Banking Group said: “We know that gambling-related harm can have serious and long term impacts on our customers and we are committed to making sure they can easily access a wide range of support.

“In addition to our card controls that allow the freezing of gambling transactions we are delighted to have developed a pilot with Gamban offering our customers three months free access to their software, providing another level of protection.”

Can Lloyds Bank Block Gambling Card

Three more UK high-street banks have announced plans to allow customers to control and block particular payments via mobile applications, following Barclays’ lead.

Lloyds, Santander, and RBS have approved proposals to develop payment-blocking functions that are set to affect transactions made in high street bookmakers and online betting sites and provide greater protections to those who have an issue with compulsive gambling.

The move comes after Barclays announced back in December a plan to integrate a ‘gambling block’ component across its customer-facing digital platforms.

Can Lloyds Bank Block Gambling Winnings

The trio will update mobile banking apps in order to ensure customers are able to take control over when and where money can be spent.

RBS, which currently has approximately 30 million customers, announced that it would be implementing similar measures to those issued by Barclays late last year.

Barclays’ gambling-block feature allows customers to turn off engagements with all gambling-related properties, as well as blocking payments in four additional categories: food and drink; petrol stations; groceries and supermarkets; and premium websites and phone lines.

Customers will also be able to implement controls that are specifically designed to limit withdrawals from ATMs, as well as credit card purchases both in-store and online. Santander and Lloyds are also due to implement similar controls for the 14 million and 22 million customers respectively.

A spokesman for Lloyds commented: “Throughout 2019 we will be enhancing our customer communications so customers are informed and alerted to their gambling spend, as well as introducing tools to improve self-service options such as gambling restrictions.

“New card controls give customers more control over debit card transactions for extra peace of mind.”

Following Barclays’ announcement to develop blocking functions late last year, Marc Etches, chief executive of GambleAware, welcomed the initiative: “There are 340,000 problem gamblers in Britain and a further 1.7 million at risk, and initiatives like this can play an important role in helping to reduce gambling-related harms.

“There are no limits to stakes and prizes for online gambling, and credit cards are allowed so it is important to make it easier for people to control their spending.”

Lloyds Bank Block Gambling

While the move comes as a positive step towards tackling compulsive behaviours, responsible gambling advocates are continuing to campaign for a significantly longer ‘cooling off’ period between deactivating a payment block and the ability to complete transactions.