The aim of the report is the minimisation of gambling-related harm through positive measures taken by service providers facilitating online gambling. Our research focuses on what open banking API developers, banks, lenders, gambling operators and their technology providers can do to minimise harm. We believe an effective prevention strategy should involve as many stakeholders as possible and develop regulatory standards based on evidence-based research. The fintech and payments industry plays a key role in protecting customers from gambling harm and recent advances in artificial intelligence and data science should be harnessed to better protect online gamblers. We believe that if such measures are implemented in a transparent way, through industry initiative or regulation, this would significantly reduce the social and economic harms caused by online gambling.
