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.
. Outside the eight firms, no other organisation offers a bank card gambling block to all their customers. Based on our rough estimates, this means that as many as 28 million personal current accounts and 35 million credit cards may not offer account holders the option to block gambling expenditure.
Lloyds Tsb Block Gambling
- Freeze at tills and terminals - stops transactions when your card is present at the place of payment. Freeze gambling - stops most gambling transactions the moment you turn it on. If you turn it off, it will take 2-3 days to remove the freeze. More help and support with gambling is available.
- It blocks access to thousands of gambling websites and apps on all of your devices. You can sign-up to Gamban today and as a Bank of Scotland customer, get 3 months free. Freeze your gambling payments, it instantly blocks payments to gambling retailers and takes 48 hours to unfreeze your card. How to freeze your payments.
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.
Lloyds Gambling Block Software
“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.”