Treasury Committee Urges Gambling Blocking For All

The UK parliament’s Treasury Select Committee has praised challenger bank Monzo’s voluntary gambling payment blocking scheme and urged other financial service providers to follow its example.

In its "Consumers’ Access to Financial Services Report 2017-19", published today, the committee says that all financial service providers should introduce self-exclusion gambling blocks and offer customers the ability to exclude from “borrowing altogether or from spending excessive sums of money in short spaces of time”.

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