iovation2019.png
iovation2019.png
iovation2019.png
CLOSE
× Gambling News In-Depth iGaming Calendar Connections GI Friday Trafficology GI Magazine GGA 2019 AffiliateCon
NEWS 11 December 2018

Barclays introduces new mobile measure to protect problem gamblers

By Tim Poole

Barclays has launched a new feature allowing customers using its mobile app to "turn off" spending with certain types of retailers.

The bank has broken different retailer types into five categories: including groceries, restaurants, petrol, premium rate websites and phone lines – and gambling.

Barclays was advised by several groups, including the Money Advice Trust, and the measure means any payments falling within a "turned off" category will be automatically declined.

Barclays Managing Director Catherine McGrath said: "We are always looking for new ways to support our customers and make it easier for them to manage their finances."

GambleAware CEO Marc Etches said: "GambleAware welcomes this initiative by Barclays, which we hope will encourage other banks to do the same.

"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."

In October, Letou CEO Paul Fox suggested a similar policy during an exclusive interview with Gambling Insider.

RELATED TAGS: Online | Industry
DISCUSS THIS ARTICLE
IN-DEPTH 18 March 2019
No need for sports lotteries

Charles Gillespie, CEO of Gambling.com Group, argues that US states would be better off privatising sports betting markets

READ MORE
PREMIUM CONNECTIONS
VNE