The Edcomm Group recently deployed its eLearning program on Elder Financial Abuse Compliance training.
March 30, 2007 (Press Release) --
(NEW YORK, NY) – March 30, 2007
The Edcomm Group recently 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 Bath Savings Trust Company.
With more than 5 million cases per year, financial abuse of elders is the number one 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 services 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.
The Edcomm Group has been a driving force in the campaign to educate bank personnel about elder financial abuse. Edcomm’s course, Focus on Elder Financial Abuse, is designed to help banks cope with the new laws targeting elder financial abuse by teaching front line staff how to best serve their elderly customers while reducing risk to the bank.
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.
Bath Savings Trust Company was founded in 1989 on the same principles of exceptional service, sound investing and financial strength as its parent company, Bath Savings Institution. The Bank provides investment and fiduciary services to clients in mid-coast Maine. Today, it manages over $230 million in assets for over 600 clients.
The Edcomm Group recently 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 Bath Savings Trust Company.
With more than 5 million cases per year, financial abuse of elders is the number one 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 services 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.
The Edcomm Group has been a driving force in the campaign to educate bank personnel about elder financial abuse. Edcomm’s course, Focus on Elder Financial Abuse, is designed to help banks cope with the new laws targeting elder financial abuse by teaching front line staff how to best serve their elderly customers while reducing risk to the bank.
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.
Bath Savings Trust Company was founded in 1989 on the same principles of exceptional service, sound investing and financial strength as its parent company, Bath Savings Institution. The Bank provides investment and fiduciary services to clients in mid-coast Maine. Today, it manages over $230 million in assets for over 600 clients.
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