General Motors To Pay $12,750,000 in Penalties for Allegedly Selling Contact Info, Names, Geolocation and Behavior Data of Drivers to Insurance Firms and Data Brokers
[ad_1] Giant automaker General Motors (GM) has reached a multi-million dollar deal in California to settle allegations of unlawful sale of data belonging to drivers. According to the California Attorney General Rob Bonta, GM will pay $12.75 million in civil penalties to settle accusations of having collected and kept data belonging to hundreds of thousands […]
Insurance Giant Aon Partners With Coinbase and Paxos in Trialing Use of Stablecoins for Premium Payments
[ad_1] The world’s second largest insurance broker is teaming up with the crypto exchange Coinbase and the Paypal USD (PYUSD) issuer Paxos to support stablecoin payments for insurance premiums. Aon plc says that it successfully demonstrated a proof of concept for insurance premium payment using dollar-backed stablecoins. The firm says it worked with Coinbase and […]
BlackRock Powers Bitcoin Investment For US Insurance Company, Here’s How
[ad_1] Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure BlackRock is enhancing Bitcoin investment by creating new avenues for institutional capital to access the asset within the US financial system. Instead of relying on traditional crypto markets, the firm channels Bitcoin-linked returns through the insurance sector. Through its partnership with […]