A Cambridge, Mass.-based business software firm has created a high-tech way to teach tellers about money laundering rules.

Micromentor's "Compliance Series: The Bank Secrecy Act," a training product on CD-ROM, will be unveiled at the American Bankers Association's National Regulatory Compliance Conference June 2-5 in New Orleans.

Tellers learn about money laundering rules through case studies and quizzes. The final exam includes a sample currency transaction report, which the student must complete correctly to pass the program. Free yearly updates are also provided.

The product's cost varies with the number of employees at the bank, the low end being $8 per person. For more information, call 800-887-3917.

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