Framedia continues to lead the digital learning innovation in PH
Posted on April 22, 2021
Continuously mitigating credit risk and fraud in operational processes and systems has become a prevailing problem for the financial sector. As businesses deal with the aftermath of the lockdown, lenders may expect a surge in working capital loan requests from entrepreneurs hoping to recover from these trying times.
Covering more than the Financial Sector, The Republic Act (RA) 11521 is the law relating to Anti-Money laundering and also includes real estate developers and brokers as well as offshore gaming operators and their service providers. The push for recovery and the demand for business loans means all covered sectors have to improve credit compliance as well as strengthen Anti-Money Laundering (AML) practices to ensure that members and employees comply with the law against fraudulent acts.
Framedia Inc., a family-owned and well-respected Filipino company, pioneered the first full-service AML certification in the country. Accredited by the Anti-Money Laundering Council (AMLC), Framedia created the Immersive e-Learning Module Series which revolutionized the way AML training is done, digitizing AMLC approved content to ensure access to essential training and education is not lost during the pandemic. AML Training is key in the prevention, detection, and reporting of Money-Laundering and Terrorist-Financing crimes.
“Digital transformation is key in the success of every organization and we recognize how vital it is for us to deliver the right competencies to satisfy the e-Learning needs of our clients. Framedia being the first fully accredited e-learning provider of AMLC proves how capable we are to adjust to the growing demands of the e-Learning market. We will embark on more exciting partnerships moving forward as we expand our roster of partners and product portfolio both for the Philippine market and global,” shares Mr. Frank Mejia, Framedia President and CEO.