I never saw such features on the official bank apps I am using but I guess it varies depending on the regulations of your country. So if the country allows banking institutions to partner with sportsbooks then I don't see what is the problem here.
If someone is not interested in using the feature then they won't but we can't do anything to stop them which is allowed in the name of law.
But what is the point of this proposal, are you against the idea of betting via banking apps? or betting at all?
Topic: Betting Features on any Banking or Financial apps should be Removed - page 7. (Read 761 times)
September 07, 2023, 10:36:08 AM
September 07, 2023, 10:30:59 AM
Well the banks are out for business so what do you expect in that situations, and from what you displayed that bank app should be opay and that feature doesn't give you the chance to place a bet directly as you said, but the feature is to fund your betting account.
That been said, there is high security threat going around for a while now, and some customers of those banks that allow for direct bet, which means banks directly involved in the gambling where the customer can place bets, buy lottery tickets and make every other gambling activities have recorded cases of customer security exposure that have led to customers find being transferred to an unknown gambling account, this in most cases are untraceable.
@Davidvictorson it is paramount that, at this point, you need to take every responsibility for the security of your money.
That been said, there is high security threat going around for a while now, and some customers of those banks that allow for direct bet, which means banks directly involved in the gambling where the customer can place bets, buy lottery tickets and make every other gambling activities have recorded cases of customer security exposure that have led to customers find being transferred to an unknown gambling account, this in most cases are untraceable.
@Davidvictorson it is paramount that, at this point, you need to take every responsibility for the security of your money.
September 07, 2023, 10:27:24 AM
I noticed something lately. Although it has been there for a long while but the time I have spent on this board is making me see things. I do not know if this is how it is in other parts of the world but I noticed that in my banking app, there a betting feature where the user can place a bet on any match directly from the app.
Honestly, I hate it and I think that this feature should be removed so as to protect consumers from potential harm promote responsible financial practices and maintain the integrity of financial institutions. Bodies in charge of betting regulations should start here by establishing guidelines or restrictions prohibiting betting features within banking and financial apps. My submission is that betting features on any banking or financial apps should be removed to discourage compulsive gambling and irresponsible gambling. Do you agree with this perspective?
The above image is the UX for a mobile baking app in my country.
Honestly, I hate it and I think that this feature should be removed so as to protect consumers from potential harm promote responsible financial practices and maintain the integrity of financial institutions. Bodies in charge of betting regulations should start here by establishing guidelines or restrictions prohibiting betting features within banking and financial apps. My submission is that betting features on any banking or financial apps should be removed to discourage compulsive gambling and irresponsible gambling. Do you agree with this perspective?
The above image is the UX for a mobile baking app in my country.
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