CSI Resources

CSI White Papers

In the financial services industry, technology is constantly changing. As thought leaders, our team of experts believes in sharing industry knowledge to keep our customers and peers informed and ahead of the competition. CSI’s staff has diverse backgrounds across many areas relevant to our customers, and our white papers cover the most pressing topics facing financial institutions and other industries we serve today.

Read our white papers to learn more:

Broadening Your Cybersecurity Mindset


When you think about cybersecurity, what words instantly come to mind? One guess: data breach. But, if you don’t think beyond those two fear-inducing words, you’re leaving your institution open to many additional threats. This white paper examines today’s most prevalent cybersecurity risks and breaks down the steps to identifying, preventing, detecting, responding to and recovering from technology-based attacks.

What to Expect at Your Next Regulatory IT Exam


Cybercrime has the entire world on edge, but financial institutions are particularly anxious. In part, their anxiety is due to the very real threat posed by cyber criminals. It’s also caused, however, by the uncertainty of what this growing danger means for their next regulatory Information Technology (IT) exam. This white paper features five steps to follow to keep your institution one step ahead of the cybercriminals—and in step with federal regulatory expectations. 

Executive Report: 2015 Consumer Survey Report


Service is essential for today’s financial institution to thrive, but do you know what really matters to customers? To find out, CSI went to the source. We recently engaged more than 2,000 consumers to get their perspective on banking. This white paper provides insight into the four key areas these consumers noted were the main drivers for choosing and retaining a financial institution.

Latest Generation CRM Helps Community Banks Recapture their Competitive Advantage


Under significant market pressure to boost profitability, banks must increase their wallet share with existing customers and attract more new customers, all in an environment of increasing competition and decreasing resources. That dilemma is old news, but the answer is anything but—in fact, it’s transformative. This white paper demonstrates how the latest generation customer relationship management (CRM) solutions instinctively pinpoint customer channel preferences and proactively anticipate individual customer product and service needs.

Risk Management Enters the 21st Century


All federal regulatory agencies in charge of supervising the nation’s financial institutions stress the importance of comprehensive risk management. With that in mind, the time has come for institutions to implement a holistic way to manage risk: enterprise risk management (ERM). This white paper will explore one of the most critical elements of an ERM framework—a comprehensive compilation of  regulatory agency risk categories—and describe how today’s most sophisticated ERM tools can help institutions of all sizes effectively and efficiently identify, measure, monitor and control risk.

Understanding Big Data with Business Intelligence Tools


An organization’s data is a veritable goldmine, but to truly benefit from it, you need the power of analytics—increasingly known as business intelligence (BI) tools. These solutions give financial institutions the ability to translate their available data into actionable business decisions, and use the information they already hold to better recognize customers at a personal level. This white paper examines the various ways in which financial institutions can use BI solutions to increase profitability, reduce costs and provide each customer an individualized experience.

The Road to U.S. EMV Migration


The U.S. card payments industry’s shift to EMV is underway. Many banks are still working to understand the affect EMV will have on the industry, as well as how to approach migrating their card programs. This white paper provides insight on EMV specifications, deployment in the U.S., considerations for ATM terminal owners and important business considerations for issuers.

The Build vs. Buy Gamble: What's Your Best Bet?


Staying compliant with OFAC, BIS and other watch lists can be a daunting, time-consuming task if done manually. A faster, more diligent approach involves using watch list screening software. For this, you can either build an internal compliance software solution or turn to a third-party company to provide one. This white paper discusses the two options and provides pros and cons to each, so you can make an informed choice.

Executive Report: 2015 Banking Priorities Study


What topics did bankers say were most important for 2015? Our annual Banking Priorities Study represents insight from more than 200 bank leaders on the issues driving change in the industry.

Think Like a Hacker


This white paper examines strategies to defend against dangerous cyber criminals: how to recognize both social engineering and external penetration attacks; ways to identify both types of threats; and strategies to protect your network, institution and customers from falling prey to today’s sophisticated hackers.

Speak Up on Social Media


Consumers are speaking out on social media every day, but many financial institutions are missing the conversation. In this white paper, we discuss social media best practices for getting involved, managing the conversation and staying compliant. And active or not, banks must adhere to the recent FFIEC social media guidelines for financial institutions.

Website Compliance Game-Changers


Your website is vital to your success. Customers use it to research your offerings, it is likely their portal to online banking and you rely on it to market new services. With so much happening online, is your financial institution effectively managing the necessary requirements associated with website compliance? This white paper will shed light on some of the leading website compliance issues and offer ways to manage them.

Getting to Know You: Best Practices for Protecting Your Financial Institution and Its Customers from Identity Fraud


When it comes to identity fraud, banks and credit unions must expand their efforts toward quashing this growing criminal activity. To that end, this white paper thoroughly examines identity fraud, from pinpointing ways criminals accomplish fraud and how to spot the perpetrators, to best practices toward protecting your financial institution and its customers.

PEPs: Handling a Potential Match


Guidance issued by federal regulatory agencies require that all financial institutions take reasonable steps to ensure they do not knowingly or unwittingly assist in hiding or moving the proceeds of corruption by Politically Exposed Persons (PEPs). Learn how to handle a potential PEP match in this step by step guide.

Understanding OFAC: A Best Practices Compliance Guide for Businesses


Over the last decade, OFAC has become a prominent compliance requirement for every business in the U.S. Many recognize the need to implement watch list screening processes to avoid penalties and fines. However, most businesses have no idea where or how to get started. This white paper examines OFAC compliance and best practices for businesses across multiple industries.

What will the next DFA wave mean to you?


Whether you have already taken proactive steps to survive this regulatory change, are just beginning to realize you need to get started, or are not sure how to get started, this paper expands on the high-level macro guidance provided in our last DFA paper to offer you a practical road map.

Dodd-Frank's Net Effect on the Community Financial Institution


Read this white paper to learn ways to help your community bank or credit union answer the following regulatory concerns; What are the ramifications of the Dodd-Frank Act on community financial institutions? How will upcoming regulatory changes affect your institution? What steps should you take to prepare for and manage new compliance demands?

Banish the Separative Approach to Risk Management


The recent financial crisis is slowly fading from our memories, yet its lasting effects continue on. Among all the new guidance, regulations and mortgage rules, another area is garnering increasing attention from regulators and examiners: risk management. No longer, they advise, should financial institutions take a siloed approach to risk management, with each area operating separately from the others. Doing so could possibly foster the type of poor decision-making that led to the financial crisis in the first place. This white paper examines how the Enterprise Risk Management (ERM) approach helps both management and the board of directors gain a complete picture—a real-time snapshot—of all risk areas and how they work together to ultimately affect a bank’s overall performance.

Understanding What’s in the Cloud


This white paper examines cloud computing and how financial institutions can leverage it both effectively and securely. It also discusses important factors to consider when examining cloud service models and providers.

Executive Report: 2012 Banking Priorities Study


A survey of 225 financial institutions by CSI Managed Services and cbanc Network, along with other industry data such as the FDIC Quarterly Banking Profile Report, suggests the outlook for banking in 2012 may be more positive than in recent years. However, financial institutions are still reporting struggles with loan growth and compliance, specifically as related to the Dodd-Frank Act and the new Consumer Financial Protection Bureau (CFPB). This executive report examines the survey findings in the areas of growth, compliance, security, and outsourcing/cloud to reveal important trends in banking this year.