Scottsdale, Arizona (PRWEB) June 05, 2015
Earlier this year, Carol Flynn Taylor, a seasoned compliance officer, joined the team at Blue Global Media, a Scottsdale-based online financial services company. Since starting her new position, Carol has helped in a complete overhaul of the companies compliance program.
Across the country, online lending is experiencing increased scrutiny by government agencies, with potentially significant fines for noncompliance. Motivated by the desire to help protect consumers, Blue Global Media is raising the bar to demonstrate their dedication to integrity and quality.
Previously with LeadPile and GoDaddy.com, Taylor brings with her more than 15 years of unyielding compliance experience and has been developing an enhanced compliance program and obtaining OLA accreditation for Blue Global. “Our goal is to provide lenders the assurance that leads purchased through our marketplace meet legal and regulatory requirements and to always conduct business that is fair, impartial, honest and above all else, ethical, “ Taylor said.
The revised program establishes and enforces policies, procedures and controls; identifies and assesses risks; exhibits consumer confidence and maintains the utmost level of ethical conduct. “Our compliance program is one of the key components of our company’s core values system in demonstrating our commitment to consumers and employees. It’s a proactive program designed to ensure full compliance with applicable laws and regulations, while encouraging ethical business conduct throughout all levels of the organization,” Taylor said.
Blue Global’s compliance program is strengthened by its focus on complying with notable consumer financial laws, such as: the Truth in Lending Act, Gramm-Leach-Bliley Act, Equal Credit Opportunity Act, Fair Credit Reporting Act and Fair and Accurate Credit Transactions Act.
“We’ve been in business now since 2005 and as we’ve grown, we’ve progressively grown our compliance efforts to balance our increasing consumer base,” said CEO and founder Chris Kay. “Now, with Carol on board, and our entire management team behind the new compliance program, we’ll set the stage for similar institutions and our compliance ratings are sure to be off the charts. Consumers deserve to be in business with a company that takes compliance that seriously.”
About Blue Global Media
Scottsdale, Arizona-based Blue Global Media is a leading consumer loan lead generation company. The Company has one of the largest network of affiliates that it uses to source these leads, and provides its customers with quality, real-time, leads based on its customer's criteria.
For more information about Blue Global Media, visit http://www.blueglobalmedia.com.