#Must-Have iOS features for apps in regulated industries like healthcare, finance, and insurance

Essential iOS app features for regulated industries Discover the must-have iOS app features for regulated industries. Implementing them can help businesses tackle common compliance-related challenges. Regulated industries (like financial services, healthcare, and manufacturing) face stringent government rules to protect sensitive user data like personal details, credit card details, and others. Apart from the need to…

#Trump accuses DeSantis of neglecting Florida as insurers flee: ‘We want him to get home’

Admin3 years ago03 mins

Former President Trump accused Florida Gov. Ron DeSantis (R) on Saturday of neglecting his home state while out on the campaign trial, as insurers flee Florida over increased risks from natural disasters. “We are totally dominating DeSanctus right here in the state of Florida,” Trump said at the Turning Point Action Conference in West Palm…

# FDIC warns CEX.IO and its reviewers to remove potentially false claims about insurance

Admin3 years ago04 mins

” FDIC warns CEX.IO and its reviewers to remove potentially false claims about insurance “ The United States Federal Deposit Insurance Corporation (FDIC) has sent a letter to executives of cryptocurrency exchange CEX.IO warning them that they are potentially in violation of federal law due to false and misleading statements about the exchange’s insurance status….

#Former NYC Buildings Commissioner Eric Ulrich selling insurance

Admin3 years ago05 mins

“Former NYC Buildings Commissioner Eric Ulrich selling insurance” Disgraced former lawmaker and city Buildings Commissioner Eric Ulrich, who resigned in November in the wake of a gambling probe by the Manhattan district attorney, is now pushing different kinds of policies — insurance ones. “I couldn’t be happier,” Ulrich gushed in a Dec. 21 email to…

#Two bills newly elected Gov. Hochul needs to act on ASAP— to show she’ll do right by New Yorkers

Admin4 years ago04 mins

“Two bills newly elected Gov. Hochul needs to act on ASAP— to show she’ll do right by New Yorkers” Gov. Kathy Hochul has begun to sign-or-veto hundreds of bills she left until after the election, yet two she’s yet to act on are no-brainers: vetoing a costly expansion of the state’s wrongful-death law and restoring…

# GK8 increases insurance cap on digital assets to B

# GK8 increases insurance cap on digital assets to $1B

Admin4 years ago04 mins

” GK8 increases insurance cap on digital assets to $1B “ Digital asset custody platform GK8 has partnered with USI Insurance Services to expand its insurance policy for institutional customers — a move the company said would incentivize banks and other financial institutions to start investing in cryptocurrency. The insurance policy offers up to $1…

# FDIC acting chair says no crypto firms or tokens are backed by agency

Admin4 years ago04 mins

” FDIC acting chair says no crypto firms or tokens are backed by agency “ Federal Deposit Insurance Corporation acting chair Martin Gruenberg said the agency does not back any crypto firms in the United States, nor does its insurance cover losses from tokens. In a Nov. 15 hearing of the Senate Banking Committee on…

# Crypto adoption: How FDIC insurance could bring Bitcoin to the masses

Admin4 years ago016 mins

” Crypto adoption: How FDIC insurance could bring Bitcoin to the masses “ Over the years, several cryptocurrency companies have claimed that deposits with them were insured by the United States Federal Reserve and the Federal Deposit Insurance Corporation (FDIC) as if they were regular savings accounts. While so far, no crypto firm has been…

# Smart contract-enabled insurance holds promise, but can it be scaled?

Admin4 years ago018 mins

” Smart contract-enabled insurance holds promise, but can it be scaled? “ A new insurance world is coming where smart contracts replace insurance documents, blockchain “oracles” supplant claim adjusters, and decentralized autonomous organizations (DAOs) take over traditional insurance carriers. Millions of poor farmers in Africa and Asia will be eligible for coverages like crop insurance…

# FTX US among 5 companies to receive cease and desist letters from FDIC

Admin4 years ago04 mins

” FTX US among 5 companies to receive cease and desist letters from FDIC “ The Federal Deposit Insurance Corporation (FDIC) has issued cease and desist letters to five companies for allegedly making false representations about deposit insurance related to cryptocurrencies. FDIC issued a Friday press release disclosing cease and desist letters for cryptocurrency exchange…