-Short courses offer training flexibility and timely updates-

CHICAGO–(BUSINESS WIRE)–BAI,
a nonprofit independent organization that delivers the financial
services industry’s most actionable insights, announced the addition of
new microlearning solutions to its compliance training libraries for
banks, credit unions, mortgage companies and nonbanks. These
microlearning solutions are comprised of mini-courses, articles,
resources and other tools, each taking five minutes or less to complete.

BAI designed the microlearning solutions specifically for compliance
education by working with subject matter experts, leveraging regulator
input to provide users with a special regulatory topic focus, quick
compliance refresher or regulatory update. In each mini-course, learners
will complete knowledge assessments to help track retention and
demonstrate compliance during regulatory reviews. Additionally, the
assessments serve to identify targeted follow-up training needs in key
content areas, based on learners’ results.

“After seeing a great need for short, time-sensitive regulatory updates,
we are excited to offer microlearning courses as an efficient and
effective enhancement to our compliance training courseware,” said Ed
Marcheselli, managing director of Learning and Development for BAI.
“With these mini-courses, financial services employees can refresh their
knowledge on critical regulatory information and adjust to regulatory
updates quickly. This latest addition to our compliance training and
professional development solutions builds upon BAI’s mission of
providing financial services leaders the confidence and clarity they
need to make smart business decisions every day.”

The first collection of mini-courses includes ten tracks that are
applicable across a wide range of roles within a financial services
organization.

BAI’s microlearning solutions include training on the following topics
and more:

• CIP: CDD And Beneficial Ownership
• TRID: Good Faith, Tolerances, and Resetting Tolerances
• HMDA Final Rule: Coverage Changes
• BSA and AML: Risk Assessment
• HMDA Final Rule: Disclosure and Data Submission
• Money Laundering, Fraud, and Suspicious Activities
• CTR Exemptions
• EFT Error Investigation Timelines
• Suspicious Activity: Medicare Fraud

Mini-courses can supplement regular courseware, as well as, in certain
instances, offer a replacement for required annual training.
Microlearning is now part of BAI’s compliance training and professional
development courseware catalogs
for banks, credit unions, mortgage companies and nonbanks. For more
information, visit www.bai.org/training.

About BAI

As a nonprofit, independent organization, BAI delivers the financial
services industry’s most actionable insights, enabling leaders to make
smart business decisions every day. We’re passionate about the trusted
information and powerful tools that provide leaders with the clarity and
confidence needed to drive positive change and move the financial
services industry forward. For more information, visit www.bai.org.

About BAI’s Learning and Development

BAI offers comprehensive compliance training and professional
development education to more than 1,800 financial services
organizations, including banks, credit unions, mortgage companies and
nonbank financial services organizations. More than 275,000 financial
services employees take compliance and professional development training
from BAI every year. In addition to training courseware, BAI offers
tools such as webinars, whitepapers, regulatory update summaries and
events, which help leaders stay current and better prepared to handle
upcoming regulatory changes. The BAI Learning Manager, a learning
management system specifically designed for the financial services
industry, helps reduce the administrative impact of training management
with the latest technology. BAI’s role-based courseware can save 30
percent in training time and help increase learner ROI through the
latest in interactive learning design. For more information, visit www.bai.org/training.

Contacts

Joelle C. Johnson
William Mills Agency
[email protected]
678-781-3074