EDCOMM BANKER’S ACADEMY INTERVIEWED BY CARDS&PAYMENTS MAGAZINE ABOUT UNLAWFUL INTERNET GAMBLING ENFO

Dr. Linda Eagle, President of The Edcomm Group Banker’s Academy, was recently interviewed by Cards&Payments Magazine to discuss the Unlawful Internet Gambling Enforcement Act of 2006 and its implications on the financial services industry.

[ClickPress, Tue Feb 26 2008]

Dr. Linda Eagle, President of The Edcomm Group Banker’s Academy, was recently interviewed by Cards&Payments Magazine to discuss the Unlawful Internet Gambling Enforcement Act of 2006 and its implications on the financial services industry.

The Unlawful Internet Gambling Enforcement Act of 2006 prohibits businesses from accepting credit cards, checks or other bank instruments from gamblers who place bets over the Internet. The Act makes it necessary for the Department of Treasury and the Federal Reserve to issue regulations outlining policies and procedures that could be used by financial institutions to identify and block gambling-related transactions that are transmitted through their payment systems. It is the responsibility of online gambling and financial institutions to ensure compliance with these new laws.

Eagle said, “Casinos and other gambling establishments require similar legislation as the banking industry. We are quickly becoming involved in this market, providing our expertise and knowledge of compliance and training to our casino clients. We are very excited to have this opportunity and look forward to creating new relationships with members of this community.”

Cards&Payments Magazine (www.cardforum.com) provides its readers with an international perspective on the products, strategies, tools and techniques used by those in the electronic transactions industry. This monthly publication covers a multitude of topics concerning the electronic payments market, including credit cards, debit cards, prepaid cards, emerging payments, payment acceptance, amongst many others.

The Edcomm Group Banker’s Academy is a 21-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. The Edcomm Group Banker’s Academy has had the privilege of assisting many distinguished clients with business solutions in the form of eLearning programs, classroom instruction, multimedia production and online and print based documentation. Edcomm Banker's Academy 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 (MSBs).

The Edcomm Group Banker's Academy (www.edcomm.com) (www.bankersacademy.com) is headquartered in New York City with an Advanced Design Center located in Fort Washington, Pennsylvania.

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