News & Publications


In The Press

  • Putting ERM Into Action

    WIB Compliance Digest; Online; September 2015

    If a bank has taken the steps prescribed to conduct a comprehensive risk assessment and assigned key risk indicators (KRI) that are tied to their strategic goals, the next step is the ongoing monitoring – and the implementation of changes made as a result of the monitoring. Once a risk assessment is complete, community banks should use the data gathered to evaluate ongoing risk and make strategic changes to meet compliance requirements as well as improve their business results.

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  • Top 3 Benefits of Bank-Focused Managed IT Services

    BankNews Learning Points, Online; August 2015

    Since MSPs manage and maintain IT assets, they obviously must possess technical skills and the knowledge to troubleshoot and repair IT issues. But, banks are so specialized and heavily regulated these days that their MSP also should hold financial industry compliance, regulatory and operational expertise.

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  • The Steps to Building a Complete Third-Party Management Program

    Independent Banker; Online; July 2015

    Due to recent changes from the Office of the Comptroller of the Currency, the Consumer Financial Protection Bureau and the Federal Financial Institutions Examination Council’s Appendix J, financial institutions can no longer rely on time-tested third-party relationships without performing enhanced due diligence. Why? Because a bank’s use of any third-party provider now generates new compliance, operational, strategic and legal risks. 

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  • Payments Tech—The Great Equalizer

    CBInsight; Online; July 2015

    From a regulatory standpoint, most community banks are focused on the EMV liability shift, which occurs this October. And while this is an important change in the payments landscape, EMV is only the tip of the iceberg in terms of how payments applications can spur growth for banks.

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  • Three Powerful Ways Online Portals Transcend the Boardroom

    BankNews Learning Points, Online; July 2015

    But facilitating a safe, paperless boardroom is truly just the tip of the iceberg for secure portal technologies. Loan committee portals and employee intranets also provide an effective alternative for securely managing a variety of sensitive data and applications enterprisewide. These online portals require all the same safeguards as do board portals, including login and password verification, to ensure all materials remain protected.

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  • 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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