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SUNRISE, Fla., Sept. 20, 2018 (GLOBE NEWSWIRE) -- Beta Music Group Inc. (OTC PINK: BEMG) through its operating subsidiary Get Credit Healthy, Inc. (“GCH”) announced today its strategic expansion plan to offer Identify Theft Monitoring prior to the end of this year. GCH will launch proprietary technology software with data monitoring and analytic solutions to help consumers manage financial and personal risks associated with the theft of their personal data in the virtual and financial world.
A recent Javelin Strategy and Research report found 16.4 million Americans were victims of identity theft in 2017 stealing $16.8 Billion from U.S. consumers, the highest number on record. The study also found that criminals are designing more sophisticated and insidious applications to counter fraud prevention efforts, putting at risk a much broader range of accounts than those covered by traditional credit monitoring. GCH Identify Theft Platform will utilize technology solutions and artificial intelligence to help monitor and protect against risks associated with identities and personal information such as prevention, detection and resolving identity theft associated with financial fraud. Small and medium management regarding breach prevention to software services to protect business computers and personal devices against bad browsing sites and phishing attacks. See https://www.javelinstrategy.com/press-release/identity-fraud-hits-all-time-high-167-million-us-victims-2017-according-new-javelin#
Elizabeth Karwowski, CEO, stated: "A 2017 data breach affected 145 million US consumers, exposed personal data such as social security numbers, driver’s license numbers, full names and dates of birth provide a broad base of data for criminals to mine and utilize. Criminals continue to seek the easiest route to identity theft and small businesses are becoming a strong source for illicit harvesting of personal information. In serving and protecting our client’s financial and credit interests, GCH is expanding our solutions over the next several months to the Identity Theft Protection markets.”
About Javelin Strategy & Research
Javelin Strategy & Research, a Greenwich Associates LLC company, is a research-based advisory firm that helps its clients to make better-informed business decisions in a digital financial world. Our analysts offer unbiased, actionable insights and unearth opportunities that help financial institutions, government entities, payment companies, merchants, and other technology providers sustainably increase profits.
BEMG, through its operating subsidiary Get Credit Healthy (www.getcredithealthy.com), utilizes its proprietary processes, platform, and software to integrate with lenders to make it easier to recapture leads. Developed for and by those with extensive experience in the mortgage industry, Get Credit Healthy's platform has already facilitated over $200 million in new loan opportunities for its partners.
Get Credit Healthy has showed sustained growth over the past three years and shows no signs of slowing down. Get Credit Healthy is working to increase its network of partners and is looking forward to a very promising future. Please visit the company website at www.betamusicgroup.net; twitter at www.twitter.com/bemg12 and financial information can be found at www.otcmarkets.com/stock/BEMG/profile.
Safe Harbor Statement
This press release contains projections and other forward-looking statements regarding future events or our future financial performance. All statements other than present and historical facts and conditions contained in this release, including any statements regarding our future results of operations and financial positions, business strategy, plans and our objectives for future operations, are forward-looking statements (within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended). These statements are only predictions and reflect our current beliefs and expectations with respect to future events and are based on assumptions and subject to risk and uncertainties and subject to change at any time. We operate in a very competitive and rapidly changing environment. New risks emerge from time to time. Given these risks and uncertainties, you should not place undue reliance on these forward-looking statements. Actual events or results may differ materially from those contained in the projections or forward-looking statements. Forward-looking statements in this release are made pursuant to the safe harbor provisions contained in the Private Securities Litigation Reform Act of 1995.
For information, please contact:
Elizabeth Karwowski, CEO
Beta Music Group, Inc.
t/b/k as MBO Holdings Corp.
8411 West Oakland Park Blvd. Suite 202
Sunrise, FL 33351
(877) 850-3444 Ex 7
Beta Music Group Inc.