Denver, CO, Oct. 31, 2018 (GLOBE NEWSWIRE) — DENVER, CO – 10-30-2018 — Blue Line Protection Group, Inc. (BLPG) is announcing that its Cash In Transit (CIT) operations, including vaulting, processing, and tactical compliance, is now available in the State of Arizona. Blue Line is serving multiple financial institutions in the state and is advancing plans for further expansions in 2019.
“We’re excited to now be providing services to clients in Arizona and Colorado while continuing our growth into California and Nevada. As demand for our services strengthens, we look forward to meeting the needs of cannabis businesses and financial institutions in these markets.” says Dan Allen, CEO of Blue Line.
Blue Line is working in conjunction with Hypur, a financial technology company based in Scottsdale, to bring first-class banking and compliance services to the state-legal cannabis industry. Through its cutting edge “Vault” technology, Hypur allows for complete transactional transparency to financial institutions and their regulatory bodies. The client facing portal provides an interface that enables partners to manage additional services and track their transactions in real-time. “This proprietary state-of-the-art technology places Blue Line at the forefront of cash management, logistics and compliance services for this dynamic market” added Allen.
About Blue Line Protection Group, Inc.
Blue Line Protection Group provides cash logistics and compliance services to commercial and retail partners.Blue Line serves banks and credit unions by providing currency processing and transportation solutions, and its risk mitigation services help financial institutions serving cash-intensive industries comply with federal “know your customer” mandates.For more information, visit www.BlueLineProtectionGroup.com.
Hypur is a financial technology company based in Scottsdale, Arizona that brings innovative solutions to the toughest banking and commerce challenges. Its cutting-edge technology provides a range of services centered around compliance and payments for financial institutions, businesses and their customers. With Hypur, challenges become opportunities. For more information, visit www.hypur.com.
Safe Harbor Statement
This release includes forward-looking statements, which are based on certain assumptions and reflects management’s current expectations. These forward-looking statements are subject to a number of risks and uncertainties that could cause actual results or events to differ materially from current expectations. Some of these factors include: general global economic conditions; general industry and market conditions, sector changes and growth rates; uncertainty as to whether our strategies and business plans will yield the expected benefits; increasing competition; availability and cost of capital; the ability to identify and develop and achieve commercial success; the level of expenditures necessary to maintain and improve the quality of services; changes in the economy; changes in laws and regulations, including codes and standards, intellectual property rights, and tax matters; or other matters not anticipated; our ability to secure and maintain strategic relationships and distribution agreements. The Company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
CONTACT: Michael Jerome Blue Line Protection Group Inc. 8008445576 [email protected]