The Regulatory Sandbox (‘the Sandbox’) is a service the ICO provides to support organisations that are developing products or services which use personal data in innovative and safe ways, and will deliver a potential public benefit.
The Information Commissioner’s Office (ICO) has backed proposals for the financial sector to share data with gambling companies to protect customers from unaffordable losses.
In a letter to industry body UK Finance, the ICO has confirmed that data protection law does not stop gambling companies from conducting financial risk checks on customers, and that lenders can share people’s personal information – but this must be done transparently and proportionately.
Proposed data sharing points including;
- When a customer self excludes
- When an operator enforces exclusion on an ‘at risk’ customer
- Other metrics of interest related to customers marked as ‘high risk’ (this is to be expanded on).
For more information, click HERE
Trusted by some of the UK’s biggest brands