BankersLab has released an app that tests and hones retail bankers' expertise.
Banc-it: Collections Edition is a game designed to help bankers learn best practices and the basics of collections management, the San Diego-based BankersLab said Wednesday. It tests bankers' knowledge of collections strategies amid shifting regulations, and allows players to compete against one another remotely.
The app also includes a guide to collections rules. It is compatible with Apple and Android devices and costs $4.99.
"Our goal was to create teaching tools that made learning fun without trivializing the content," said BankersLab Chief Operating Officer Gail Galuppo in the news release. "Mobile learning has provided us with a unique platform with which to engage, educate and support even the most experienced retail bankers."