Tag Archives: RBS

DCMS calls for a review & evidence on credit wagering

Jeremy Wright, the UK Secretary of State for the Department of Digital, Culture, Media and Sport (DCMS), is set to review gambling’s relationship with debt/credit transactions. In a move to develop a more socially responsible sector, Wright and DCMS will summon gambling and retail banking leadership, discussing government and social concerns on debt/credit funded wagers. UK news sources report that government …

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Three more banks develop functions to block gambling transactions

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 …

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