THE EDCOMM GROUP DEPLOYS ELDER FINANCIAL ABUSE COMPLIANCE TRAINING FOR VISION BANK
April 13, 2007 (PRLEAP.COM) Business News
(NEW YORK, NY) – April 2007 — The Edcomm Group successfully deployed its eLearning program on Elder Financial Abuse Compliance training — along with Edcomm’s own Learning Management System (LMS), Learning Link®, for hosting and maintenance — to Vision Bank of Minnesota.With more than 5 million cases per year, financial abuse of elders is the #1 crime committed against persons age 65 and older. Currently, 17 states and Washington, D.C. have passed laws that require employees of banks, credit unions and money service businesses to report suspected cases of elder financial abuse. Another 33 states recommend it. Congress is expected to pass the Elder Justice Act, which will make this federal law.
Focus on Elder Financial Abuse is a comprehensive eLearning program providing training on issues related to elder financial abuse. The course covers: defining elder financial abuse and the laws governing it, detecting the red flags of elder financial abuse, and reporting elder financial abuse properly. Focus on Elder Financial Abuse is geared towards teaching participants how to identify elder abuse and how to protect both their customers and the bank, with accurate, compliant reporting.
Learning Link®, Edcomm’s full-featured learning management system has an open architecture that builds on industry-standard SCORM and AICC compliance, but adds features and capabilities far beyond any competing products. Learning Link® maintains a complete record of every learning and administrative activity and offers a wide variety of customizable, real-time reports available both onscreen and in CSV formats for download and integration into any HR system. Learning Link’s servers have been issued a SAS-70 attesting to the quality of their security, business continuity and performance.
For more information about programs like this, or to find out how The Edcomm Group can customize any training program, log onto www.bankersacademy.com or call 888-433-2666.
Vision Bank operates as a local business bank in St. Louis Park, Minnesota. Established in 2005, the Bank maintains assets of more than $25 million.
The Edcomm Group is a 20-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. Edcomm 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.
The Edcomm Group (www.edcomm.com) (www.bankersacademy.com) is headquartered in New York City with an Advanced Design Center located in Fort Washington, Pennsylvania.