SCOTTSDALE, Ariz., March 17, 2016 /PRNewswire/ -- The Department of Financial Services of the State of New York recently announced a settlement with Blue Global Media, an online financial search platform based in Scottsdale, Arizona.
"Blue Global is pleased to have obtained a satisfactory resolution with the Department of Financial Services of the State of New York regarding certain prior business practices of Blue Global. Reaching this agreement is in our company's and our stakeholders' best interests, and we will be complying fully with the terms of the consent decree. The regulations governing the financial services industry can be very complex and we applaud efforts by regulators to assist us in creating a better product for the consumers that we serve," explains CEO and founder Chris Kay.
Blue Global's innovative technological platform bridges the gap between consumers seeking responsive lending products and the lenders who provide the loans consumers need and want. With over ten years of industry experience, Blue Global is extremely reactive to marketplace demands. As consumers, including online users and mobile users, continue to look for more intuitive and responsive platforms, Blue Global will be available to satisfy those needs.
Blue Global provides a platform to connect consumers with potential financial product options quickly, efficiently, and in real-time. Our system saves the consumer valuable time and provides a fast and user-friendly option to consumers when it comes to searching for alternative financial products.
About Blue Global Media
Blue Global, located in Scottsdale, Arizona, is a leading online financial search platform. Founded in 2006 by entrepreneur Chris Kay, the company uses its proprietary technology to process over 1 million financial searches each month. Blue Global is an accredited member of the Online Lenders Alliance (OLA) and a 3-time winner of the Inc. 500/5000 fastest growing companies list. The company focuses on highly intuitive, responsible and transparent customer experiences.
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SOURCE Blue Global Media