College sports organization NCAA teams up with digital payments service Venmo to address instances of athletes being harassed.
The National Collegiate Athletic Association (NCAA) has entered into a partnership with digital payment platform Venmo, aimed at safeguarding college athletes from unwanted financial solicitations related to sports betting. The hotline for reporting abuse has been operational since Tuesday.
Clint Hangebrauck, NCAA Managing Director of Enterprise Risk Management, has stated that solicitation of insider information is a significant concern for the NCAA from an integrity standpoint. He mentioned an example of such solicitation: "Hey, can you let me know if you're going to play or not, and I'll provide you some money."
The partnership aims to end this harassment and maintain the integrity of college sports. It includes enhanced monitoring of social media trends during high-profile game instances and education on account security. The agreement also provides a hotline for athletes to report any instances of abuse.
However, it is important to note that this partnership does not involve Venmo facilitating betting on college sports. The focus is solely on protecting athletes from unwanted financial solicitations and preserving the integrity of college sports.
The exact time of the signing of the partnership agreement between the NCAA and Venmo is not publicly specified. The partnership is intended to stop solicitation for inside information from college athletes and is focused on college sports.
Moreover, as part of the agreement, both parties will work together to combat the issue of losing bettors sending unwanted payment requests to athletes. This partnership is a significant step towards ensuring a safe and fair environment for college athletes.
In conclusion, the NCAA's partnership with Venmo is a commendable initiative aimed at protecting college athletes from financial solicitations and preserving the integrity of college sports. The partnership includes a hotline for athletes to report abuse, enhanced monitoring of social media trends, and education on account security. The partnership does not involve direct betting on college sports.
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