Industry
December 12, 2022
Monzo’s Gambling Protection Tools Set an Example for the Banking Industry
UK-based online banking provider Monzo shared some data regarding its gambling block tool. The company was one of the first to provide a similar service, and recent reports indicate that significantly more people have been taking advantage of it. Monzo’s customer-centric approach has also inspired other financial institutions to introduce similar problem gambling prevention tools. […]
Industry
February 19, 2021
Monzo and TrueLayer Join Forces to Safeguard Problem Gambling
Banking software provider TrueLayer and digital bank Monzo have teamed up to create a universal gambling block solution that will be suitable for the entire financial service industry. Application Programming Interface to Assist in Wagering Block Technology The Fintech leaders explained they were conducting an open-banking API trial in the hopes of creating a complete […]
Industry
February 16, 2021
Monzo Calls for Banks to Block Gambling Payments
Monzo, an online lender in the United Kingdom, has called on lawmakers to mandate banks to build tools that allow consumers to block gambling transactions. Empower Consumers to Block Gambling Transactions, Says Mondo Online lender Monzo has called on British MPs and Ministers to take a tougher stance on payments to and from gambling companies, […]