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Certification Program in Electronic Banking Offered by Independent Bankers of Colorado - Valley News Live - KVLY/KXJB - Fargo/Grand Forks

Certification Program in Electronic Banking Offered by Independent Bankers of Colorado

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SOURCE Bstuff LLC

BankersHub and the Independent Bankers of Colorado announce a partnership to offer an electronic banking certification program for community banks

MADISON, Wis., Aug. 26, 2014 /PRNewswire/ -- Bstuff LLC, dba BankersHub (http://www.bankershub.net), one of the fastest growing online education portals in financial services, recently launched online training to help banks and credit unions deal with ongoing regulations, risk exposure, fraud and new innovations associated with payments and is now partnering with the Independent Bankers of Colorado, the state's largest trade association exclusively dedicated to supporting Colorado's thriving community banking industry.

"We've built our company out of respect for our customer's time and budget constraints, therefore we firmly believe this program must be offered online from start to finish," says Michael Beird, Managing Director of Financial Services for BankersHub. "We are delighted to be partnering with the Independent Bankers of Colorado because their dedication to ongoing professional education for Colorado's community banks reinforces a strong foundation within their communities."

The program offers three levels of eBanking certification along with certificates in debit/ATM cards, ACH, checks and remote deposit, payments fraud, and wire transfer. Each person going through the program is partnered with a personal trainer to take them through the program from start to finish.  Once completed, certification is valid for two years and participants may submit courses for AAP, CTP, NCP and CPE credits.

A 2013 Federal Reserve Payments Study stressed rapid growth in electronic payments, noting that "By 2012, two-thirds of consumer and business payments were made with payment cards. (Debit and Prepaid) Cards increased their share from 43% of all noncash payments in 2003 to 67% in 2012, while use of ACH grew more modestly, increasing share of 11% in 2003 to 18% in 2012."

"The growth in electronic banking serves as the catalyst for us to offer this certification program for Colorado's community banking industry," says Barbara Walker, Executive Director of the Independent Bankers of Colorado. "We believe the needs of the community banking industry are addressed in this program as it focuses on the risk, fraud and operations issues they face everyday."

"The program offers eBanking certification programs through online modules on BankersHub's Learning Management System that can be completed at the student's convenience," explains Erin Handel, Managing Director of Education for BankersHub. "Tests are taken at the end of each session to track progress and knowledge retention with reports provided to management during and after completion."

For more information go to http://www.eBankingCertification.com

Or email erin@bankershub.com, 312-316-0305

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