English Starling Bank became the first financial institution to fight the gambling addiction of bank clients in England. According to the current rules, a person who has a gambling addiction and wants to get rid of it must file a petition with the casino operator and ask him to restrict his access to games, as well as block the accounts.
Starling Bank decided to go further – the management introduced a blocker, which allows individuals to block transactions for gaming operations.
But the client will also have the right to deactivate this function. If you do this, an SMS notification with a free hotline number will be sent to your mobile device.
The bank also said digital banking can and must respond to people’s concerns and leverage available technology to develop solutions to help people live a better financial life. Now the financial institution is working on creating a tool that will allow individuals to control their finances.