30
/
AIzaSyAYiBZKx7MnpbEhh9jyipgxe19OcubqV5w
April 1, 2024
2047426
170478
1

oct 6, 2018 - Online banks bring in new measures

Description:

Online banks Monzo and Starling introduce measures to help gambling addicts, prompting the Royal College of Psychiatrists to call for the Big 5 banks to do the same. Monzo's measures are:
- Automatic block on any gambling transactions
- 48-hour cooling off period before the block can be switched off, stopping bets in the heat of the moment
- Daily cash withdrawal limit
Full story: https://www.theguardian.com/society/2018/jun/20/online-casino-32red-fined-2m-for-failing-problem-gambler

Added to timeline:

Date:

oct 6, 2018
Now
~ 5 years and 7 months ago