News & Publications

News

  • CSI Enhances Core Banking Capabilities with NuPoint App for iPad

    PADUCAH, Ky., July 15, 2015 —As banks seek to transform the traditional customer experience through mobile devices, Computer Services, Inc. (CSI) (OTCQX: CSVI), a provider of end-to-end financial technology solutions, has released a tablet-based app for its NuPoint® core system. The app allows bankers to enhance one-on-one interaction with their customers both inside the branch and out in the field. ...
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  • CSI Increases Cash Dividend 13.6% to $0.25 Per Share

    PADUCAH, Ky. – (July 13, 2015) – Computer Services, Inc. (CSI) (OTCQX: CSVI) announced that its Board of Directors approved a 13.6% increase in the quarterly cash dividend to $0.25 per share. The dividend is payable on September 25, 2015, to shareholders of record as of the close of business on September 1, 2015. ...
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  • CSI REPORTS RECORD FIRST QUARTER REVENUES AND NET INCOME

    Computer Services, Inc. (CSI) (OTCQX: CSVI) today reported record revenues and net income for the first quarter and three months ended May 31, 2015. Earnings per share increased by 22.7%. ...
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  • CSI UPDATES SHAREHOLDERS DURING ANNUAL MEETING

    PADUCAH, Ky. (July 1, 2015) – Computer Services, Inc. (CSI) (OTCQX: CSVI) announced today that shareholders elected three directors, approved the ratification of the appointment of McGladrey LLP as independent auditors for fiscal year 2016, and authorized an increase in the number of shares of Common Stock from 20 million to 60 million. ...
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  • Clay City Bank Partners with CSI to Provide Core Foundation for Innovation

    PADUCAH, Ky., June 30, 2015 —The Clay City Banking Company in Illinois has selected Computer Services, Inc. (CSI) (OTCQX: CSVI), a provider of end-to-end financial technology solutions, to provide an innovative core platform, as well as managed IT services, so that the bank can offer more integrated services to its growing customer base. ...
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  • FUTURIST MIKE WALSH ANNOUNCED AS KEYNOTE SPEAKER FOR CSI CUSTOMER CONFERENCE 2015

    PADUCAH, Ky., June 24, 2015 —Computer Services, Inc. (CSI) (OTCQX: CSVI), a provider of end-to-end financial technology solutions, today announced Mike Walsh, chief executive officer of innovation consultancy Tomorrow, as the keynote speaker for CSI Customer Conference 2015. ...
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  • CSI NAMED TO CRN SOLUTION PROVIDER 500 FOR SECOND CONSECUTIVE YEAR

    PADUCAH, Ky., June 11, 2015 – Computer Services, Inc. (CSI) (OTCQX: CSVI), a leading provider of technology solutions for financial institutions and other businesses, today announced it has been named to The Channel Company’s 2015 CRN® Solution Provider 500. ...
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  • CSI Aims to Alleviate Regulatory Pressure as "Risk Management Enters the 21st Century"

    PADUCAH, Ky., May 27, 2015 — In an effort to assist financial institutions of all sizes in implementing an effective enterprise risk management (ERM) system, Computer Services, Inc. (CSI) (OTCQX: CSVI), has published a new white paper, “Risk Management Enters the 21st Century,” to explore the importance of adhering to key risk categories. ...
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  • CSI BOARD DECLARES CASH DIVIDEND

    PADUCAH, Ky. – (May 20, 2015) – Computer Services, Inc. (CSI) (OTCQX: CSVI) announced that its Board of Directors declared a quarterly cash dividend of $0.22 per share. The quarterly cash dividend is payable on June 25, 2015, to shareholders of record as of the close of business on June 1, 2015. ...
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  • CSI HONORED AS ONE OF THE TOP PLACES TO WORK IN KENTUCKY FOR THIRD CONSECUTIVE YEAR

    Computer Services, Inc. (CSI) (OTCQX: CSVI), a provider of end-to-end technology solutions that empower financial institutions to remain competitive, compliant and profitable, today announced it has been recognized as one of the 2015 Best Places to Work in Kentucky. ...
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In The Press

  • The P2P Revolution

    Digital Transactions; Online; July 2015

    Nobody can say for sure when the first electronic person-to-person payment took place, but payments historians are pretty sure they can pinpoint the first official P2P transfer using a mobile device. It was a whopper.

    CSI’s SPIN has one key advantage over providers like Square or Facebook: only the receiver must have a debit card.
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  • Get out of the IT Weeds and Back into Banking

    CBInsight; Online; June 2015

    Do you ever think about the “soft costs” of a managed IT services relationship? In a recent MSPAlliance survey, 50 percent of respondents cited the ability to return to their core competencies as their main reason for seeking an MSP.

    Such incalculable advantages, for some banks, are even greater than those that are more quantifiable—as long as you partner with the right vendor.
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  • FFIEC Shifts to Cybersecurity

    Credit Union Times; Online; June 2015

    In March, the Federal Financial Institutions Examination Council provided an overview of its 2015 cybersecurity priorities, which included work streams and a self-assessment tool, and industry observers believe this is a precursor to issuing cybersecurity guidance.

    Tyler Leet, director of risk and compliance services at the Paducah, Ky.-based CSI, added, “They wanted a better understanding of where community financial institutions stood with their cybersecurity posture and the controls they had in place, and areas they think need to be improved.”
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  • The Changing Business of Payments Technology

    WIB Technology & Security Digest; Online; June 2015

    The sea of change in payments technology is really just an extension of consumers’ rapid adoption of more mobile technology in all areas of life. They have grown accustomed to the convenience and time-saving factors afforded by mobile phones, omnipresent Internet connections and affordable applications that help them conduct their lives however they wish. And when it comes to the commerce experience, payments is a vital cog.
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  • Keep Your Eyes on the Road–Using ERM to Improve Strategy

    WIB Compliance Digest; Online; June 2015

    Once a risk assessment has been completed, institutions should use the data gathered to monitor ongoing risk and make strategic plan changes to both meet compliance requirements and improve their business results. Banks should incorporate three steps to leverage the data gleaned from a risk assessment: determine or adjust risk appetite, define the key risk indicators (KRIs) to use and tie risk management into their strategic plan.
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  • Financial Technology Partners Find Compliance Work

    TechTarget; Online; June 2015

    PricewaterhouseCoopers asked 261 C-suite and senior-level capital market executives how their organizations will have used technology and big data capabilities by 2020. Channel opportunities exist across financial institutions of various sizes.

    Larry Sanderson, senior vice president of CSI Managed Services, said he has seen high demand for managed services among banks ranging from $100 million to $1 billion in assets.
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  • The Delicate Balancing Act of Risk and Reward

    CBInsight; Online; May 2015

    The business of banking has, and always will be, based on the notion of taking calculated risks in order to reap the rewards. But risk and reward must be balanced. Take on too little risk, and the reward may not be worth the effort to satisfy shareholders. Take on too much risk, and it may or may not yield the anticipated reward—but could lead to federal regulatory action.
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