Gamban has partnered with Sibstar, a debit card and app that helps individuals manage their finances and protect against gambling harm.
Through this partnership, Sibstar and Gamban aim to provide effective tools for reducing gambling harm and supporting those in recovery.
Sibstar offers a range of features to help users regain control of their finances, including a gambling block to prevent transactions with merchants, customisable spending controls with daily, monthly, and ATM withdrawal limits, and switches for online and phone transactions.
The app also allows users to instantly freeze or unfreeze their accounts, set up auto top-ups to maintain a daily balance and receive real-time notifications to track spending.
Furthermore, customers can choose to manage their app and debit card independently or share control with a trusted friend or family member. This added layer of accountability aims to provide extra support for individuals who may need it.
In an announcement, Gamban said: “As gambling harms continue to grow, innovative solutions like Sibstar are more important than ever. This partnership represents a significant step forward in promoting healthier, more informed money management and supporting long-term recovery.”
One of the most detrimental effects of gambling addiction is financial harm, which can severely impact an individual’s long-term stability. Acknowledging this, Gamban has partnered with several financial institutions and payments-related organisations in the past.
In 2020, Gamban announced a deal with Lloyds Banking Group, enabling Lloyds, Bank of Scotland and Halifax customers access to its app. This agreement also featured the Lloyds Banking Group Gambling Transaction Freezes which customers can activate from within the mobile banking app.