New York Check Cashing Company Selects Edcomm Bankerís Academy to Provide Compliance Training
A New York Check Cashing Company has selected Edcomm Bankerís Academy to provide custom Compliance training.
[USPRwire, Sat Mar 13 2010] A New York Check Cashing Company has selected Edcomm Bankerís Academy to provide custom Compliance training. Focus on Compliance for Check Cashing Businesses has been customized to meet the Check Cashing Companyís training needs for the next three years.
The No.1 reason cited for lowered compliance ratings by Examiners is lack of adequate compliance training for appropriate personnel. The No. 2 reason cited is outdated or inaccessible policies and procedures. Check cashing companies who fail to comply with the necessary laws and regulations may now face criminal and civil penalties.
Focus on Compliance for Check Cashing Businesses, from Edcomm Bankerís Academy, is a computer-based, distance-learning program that can be delivered via Internet, Intranet or CD. Focus on Compliance for Check Cashing Businesses covers: Bank Secrecy Act (BSA), the red flags of money laundering, Currency Transaction Reports (CTRs), Monetary Instrument Logs (MILs), USA PATRIOT Act, OFAC, Privacy, Reg P, Reg CC & Check 21, Reg E, Reg Z, Truth in Lending, among others, and teaches participants how to assess risk and detect customer identification fraud. The program also includes a quick reference guide to all banking regulations, as well as a searchable library of reference materials.
For more information about programs like this, or to find out how The Edcomm Group Bankerís Academy can customize any training program, log onto www.bankersacademy.com or call +1.212.631.9400.
The Edcomm Group Bankerís Academy is a 22-year-old multimedia education and communication consulting firm specializing in the development of creative business solutions that improve productivity, customer service and market share - providing bottom-line results. The Edcomm Group Bankerís Academy has had the privilege of assisting many distinguished clients with business solutions in the form of eLearning programs, online bank training and classroom instruction, multimedia production and online and print based documentation. Edcomm Banker's Academy offers many off-the-shelf and customized courses such as Teller Training, Compliance Training and Systems Training specifically designed for Banks, Credit Unions and Money Services Businesses (MSBs).
The Edcomm Group Banker's Academy (www.bankersacademy.com) is headquartered in New York City with locations and representation throughout the world.
Dr. Linda Eagle
Edcomm Bankerís Academy
21 Penn Plaza Suite 1010
New York, NY 10001, USA