News
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CSI DECLARES $0.28 PER SHARE CASH DIVIDEND
PADUCAH, Ky. – (October 10, 2016) – Computer Services, Inc. (CSI) (OTCQX: CSVI) announced that its Board of Directors declared a quarterly cash dividend of $0.28 per share.Read More -
CSI Ranked One of the World’s Largest FinTech Providers by American Banker and BAI
PADUCAH, Ky., Oct. 5, 2016 – Computer Services, Inc. (CSI) (OTCQX: CSVI), a provider of end-to-end financial technology solutions, was named to the 2016 FinTech Forward 100 list of the world’s leading technology providers.Read More -
CSI REPORTS GROWTH IN SECOND QUARTER REVENUES AND NET INCOME
PADUCAH, Ky. (October 4, 2016) – Computer Services, Inc. (CSI) (OTCQX: CSVI) today reported higher revenues and net income for the second quarter ended August 31, 2016, compared with the second quarter of the prior fiscal year.Read More -
CSI Ranked Second Among World’s Top 100 Cloud Service Providers
PADUCAH, Ky., Sept. 20, 2016 — Computer Services, Inc. (CSI) (OTCQX: CSVI), a provider of end-to-end financial technology solutions, ranked second among the world’s Top 100 Cloud Service Providers (CSPs), according to Penton Media’s sixth-annual Talkin’ Cloud 100 report. Based on data from Talkin’ Cloud’s online survey, the report recognizes top CSPs as measured by such metrics as growth in cloud services revenue, both in actual dollars and in percentage growth rates.Read More -
CSI’s WatchDOG Elite SmartRisk IQ Endorsed by Community Bankers Association of Illinois
PADUCAH, Ky., Sept. 15, 2016 – The Community Bankers Association of Illinois (CBAI) has endorsed WatchDOG® Elite SmartRisk IQ from Computer Services, Inc. (CSI) (OTCQX: CSVI), a provider of end-to-end financial technology solutions.Read More -
CSI Named to IDC Financial Insights’ Top 100 FinTech Providers Ranking for Fifth Consecutive Year
PADUCAH, Ky., Sept. 8, 2016 – In its annual ranking of the 100 largest global financial technology providers, IDC Financial Insights named Computer Services, Inc. (CSI) (OTCQX:CSVI), a provider of end-to-end financial technology solutions, to the 2016 IDC Financial Insights FinTech Rankings for the fifth consecutive year.Read More -
CSI Consumer Survey: Nearly 3 in 10 Consumers Willing to Use Mobile Wallets in the Next Six Months
PADUCAH, Ky., August 10, 2016 — Although mobile wallets are a relatively new form of payment, nearly 3 in 10 consumers (29 percent) expressed a willingness to adopt this emerging payments alternative in the next six months, according to recently released results from a consumer survey by Computer Services, Inc. (CSI) (OTCQX: CSVI), a leading provider of financial technology solutions.Read More -
CSI Consumer Survey Uncovers Multiple Differences on Banking Preferences Among Millennials, Gen Xers and Baby Boomers
PADUCAH, Ky., July 27, 2016 — While older generations expect their financial institution to understand their banking needs, Millennials—or individuals between the ages of 18 and 34—are less demanding that their financial needs be understood, according to a recent consumer survey by Computer Services, Inc. (CSI) (OTCQX: CSVI).Read More -
CSI Increases Mobile Banking Presence with 100 New Customers in Six Months
PADUCAH, Ky., July 12, 2016 – Computer Services, Inc. (CSI) (OTCQX: CSVI), a provider of end-to-end financial technology solutions, has signed its 100th mobile banking customer within six months after launching a new mobile banking platform.Read More -
CSI Reports First Quarter Results
PADUCAH, Ky. (July 7, 2016) – Computer Services, Inc. (CSI) (OTCQX: CSVI) today reported its results for the first quarter ended May 31, 2016.Read More
In The Press
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Cyber Crime Update: Meet today’s threats
Read MoreBanking Exchange; Online; December 2015
Considered as a whole, the increasingly sophisticated and widely applied threats posed by cyber criminals is daunting. Steve Sanders, vice president of internal audit, CSI, provides a rundown of specific avenues of attack banks may be susceptible to, and shares a number of tips as to what banks can do before they’re attacked.
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Integrated CRMs Boost Profitability Through Innovation, Agility, Collaboration
Read MoreBankNews Learning Points; Online; November 2015
The financial industry’s latest customer relationship management (CRM) solutions instinctively pinpoint individual customers’ channel preferences and proactively anticipate their product and service needs. They do so by capturing and analyzing each customer relationship and its behavioral patterns, in real-time, by integrating with a bank’s core processing platform.
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Cybersecurity: Risks, Reality and Real-World Strategy
Read MoreTexas Banker; Online; November 2015
As a modern-day banker, do you sometimes feel like you’ve got a target on your back? You wouldn’t be alone; and unfortunately, you’re not just being paranoid. But the more you understand the current threat environment, the better prepared to fight you’ll be. -
What to Expect from the CFPB in 2016
Read MoreWestern Banker; Online; October 2015
Hard to believe, but the sun will soon set on 2015. And aside from preparing for the transaction frenzy that will soon swoop in with the coming of the holidays, it’s high time to review the upcoming regulatory horizon to help calibrate your bank’s compliance priorities and determine the expectations of federal regulators.
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5 Steps to Passing Your Next Regulatory IT Exam
Read MoreCommunity Bankers of Iowa; Online; October 2015
Following the pilot cybersecurity exams conducted last summer by the FFIEC, many banks aren’t sure what to expect at their next IT exam—if that’s indeed where cybersecurity will be addressed—and fear the worst. But, rather than be paralyzed by fear, address the areas on which federal regulators most likely will focus at exam time by following five steps.
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The Changing Business of the Customer Experience
Read MoreWIB Technology & Security Digest; Online; September 2015
For most bankers, the phrase Know Your Customer is shorthand for anti-money laundering and fraud compliance requirements. But in an era where banks have access to massive amounts of customer data, “Know Your Customer” should also be the mantra for building an unparalleled customer experience. The catch is that community banks can’t really benefit from all of the data they have without the power of analytics.
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Putting ERM Into Action
Read MoreWIB 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
Read MoreBankNews 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.