BAI Launches New Compliance Training Solutions for Nonbank Financial Service Providers

BAI Launches New Compliance Training Solutions for Nonbank Financial Service Providers

a nonprofit independent organization that delivers the financial
services industry’s most actionable insights, announced a new compliance
training curriculum for nonbanks. This self-paced training courseware of
more than 100 courses helps financial services leaders navigate new
compliance regulations through tailored learning programs that provide
real-world scenarios and context to lessons.

These training solutions are available to nonbank financial institutions
(NBFI), such as marketplace, online, payday and title lenders, as well
money service businesses (MSB), currency exchanges and captive finance
companies (CFC). Each course is designed to provide relevant and
up-to-date information so nonbank employees can confidently adjust to
the compliance regulations that impact their business. Leveraging these
interactive, online courses helps financial services businesses better
understand the latest regulatory requirements using the same BAI
courseware that multiple state and federal regulatory agencies use to
train their examiners.

“Our compliance training courses are designed to address real-world
scenarios so nonbank leaders and employees can easily stay informed with
current business and regulatory information,” said Ed Marcheselli,
managing director of Learning and Development for BAI. “Nonbank
financial service organizations are subject to many of the same
regulatory and compliance demands as banks and credit unions. The BAI
nonbank curriculum helps these organizations with the resources needed
to feel more comfortable with compliance regulations.”

These nonbank courses incorporate the latest in learning techniques
including interactive scenarios, microlearning, knowledge checks and
more. They are part of BAI’s compliance and professional development
courseware catalogs
for banks, credit unions, mortgage companies and nonbanks. For more
information, visit

Courses include training on the following topics and more:

  • Basic Consumer Lending
  • Customer Identification Program
  • Disaster Recovery
  • Enterprise Risk Management
  • Fair Lending
  • Financial Accounting
  • HMDA
  • Home Equity Loans
  • Identity Theft
  • International Banking
  • IRAs and Education Savings Accounts
  • Mortgage Closing, Fraud, Lending, Origination, Processing and
  • Predatory Lending
  • Regulation B
  • Regulation CC
  • Regulation E
  • Regulation E
  • Regulation Z
  • SAFE Act
  • Suspicious Activity Reports
  • The Bank Secrecy Act and Anti Money Laundering

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,

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

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