PADUCAH, Ky., March 28, 2018 – Computer Services, Inc. (CSI) (OTCQX: CSVI), a provider of end-to-end financial technology solutions, recently elevated three senior vice presidents to its executive leadership team: Andy Elliott, Bob Ezell and Diva NarayananRead More
PADUCAH, Ky., March 20, 2018 – American Banker honored Computer Services, Inc. (CSI) (OTCQX: CSVI), a provider of end-to-end technology solutions, in its inaugural “Best Fintechs to Work For” list.Read More
PADUCAH, Ky., March 13, 2018 -- The Pennsylvania Association of Community Bankers Services, Inc. (PACBSI) selected Computer Services, Inc. (CSI) (OTCQX: CSVI), provider of end-to-end financial technology solutions, as its preferred provider for managed services.Read More
PADUCAH, Ky. – (March 8, 2018) – Computer Services, Inc. (CSI) (OTCQX: CSVI) announced that its Board of Directors declared a quarterly cash dividend of $0.31 per share. The dividend is payable on March 29, 2018, to shareholders of record as of the close of business on March 15, 2018. The quarterly dividend represents an indicated annual dividend rate of $1.24 per share.Read More
PADUCAH, Ky., March 5, 2018 -- As a result of the reduced corporate tax rate effective with the Tax Cuts & Jobs Act (TCJA), Computer Services, Inc. (CSI) (OTCQX: CSVI), a provider of end-to-end financial technology solutions, is using its financial savings to reinvest in its employees and infrastructure.Read More
PADUCAH, Ky., Feb. 28, 2018 -- Computer Services, Inc. (CSI) (OTCQX: CSVI), a provider of end-to-end financial technology solutions, has named Andras Bende as its next chief financial officer. Bende will join CSI on March 19, 2018, to begin transitioning into the role from David Simon, who is retiring in June after twenty-three years of service as chief financial officer.Read More
PADUCAH, KY., Feb. 21, 2018 – Computer Services, Inc. (CSI) (OTCQX: CSVI), a provider of end-to-end financial technology solutions, has been named by CRN®, a brand of The Channel Company, to its 2018 Managed Service Provider (MSP) 500 list.Read More
PADUCAH, Ky., Feb. 8, 2018 – Computer Services, Inc. (CSI) (OTCQX:CSVI), a provider of end-to-end technology solutions that empower financial institutions to remain competitive, compliant and profitable, signed five new customer deals following CSI Customer Experience 2017, the company’s annual customer conference, last October. The new customers include Studio Bank (In Organization), Kensington Bank, United Community Bank, Neighborhood National Bank and Victory State Bank.Read More
(Paducah, Ky.) Jan. 29, 2018 — Steve Powless was recently named chairman of the Baptist Health Paducah Administrative Board of Directors. Powless will serve a two-year term, which began Jan. 1, 2018, providing leadership to the hospital’s efforts in serving approximately 200,000 patients annually from a four-state area.Read More
CSI’s Banking Priorities Executive Report 2018: Customer Experience and Omnichannel Strategies Remain High Priorities for BanksPADUCAH, Ky., Jan. 22, 2018 Building stronger customer experiences and unifying their digital and traditional channels will be a top priority for bankers in 2018, according to Computer Services, Inc.’s (CSI) (OTCQX: CSVI) annual Banking Priorities Executive Report.Read More
In The Press
Life After EMV
Bank News; Online; September 2017
The switch to EMV marked a significant milestone against fraud, but the increased level of security primarily protects against in-person fraud and theft. Fraudsters are working diligently to outsmart payments technology, moving from point-of-sale fraud to a more vulnerable arena: card-not-present transactions.
Crafting the Perfect Business Banking App: Piece By Piece
Western Independent Bankers; Online; September 2017
Small business owners demand the same capabilities from their mobile app as do their retail counterparts. Financial institutions must connect a seamless mobile experience to the intricacies of running a business.
What does that look like? Let’s put it together, piece by piece.
Grab Your Piece of the Digital Lending Pie
Texas Bankers Association; Online; September 2017
Digital lending, or the process of applying for a loan online or on a mobile device, is the next major growth opportunity for all financial institutions. In fact, digital lending is anticipated to blossom into a $30 billion industry by 2025.
The question becomes, then, how can community banks capitalize on the emergence of digital lending?
Battling the Threat of Ransomware Attacks
Independent Banker; Online; August 2017
Increasingly savvy cybercriminals have come up with a new favorite plan of attack in the form of ransomware. And community banks may be even more in the crosshairs of these evolving online attackers than ever before.
The benefits of an enterprise risk management (ERM) program
Independent Banker; Online; July 2017
At a time when community banks are fighting to reduce the regulatory mandates that are draining their resources, it would seem odd that many community banks are looking to embrace enterprise risk management (ERM) programs.
But what exactly is ERM? According to Amber Goodrich, compliance strategist at full-service financial technology and regulatory compliance provider CSI, ERM is the tactical implementation of risk processes across all units of an institution.
The Third Piece of the Branch Transformation Puzzle: Technology
Western Banker; Online; July 2017
It’s a bit of an understatement to say that the traditional bank branch is beginning to fall short on consumer expectations.
For banks, a major cultural change is due in the form of branch transformation, the success of which lies with innovative shifts in three areas of branch infrastructure: staff, architecture, and banking technology that leads to a richer, more personalized customer experience while also expanding self-service options.
Six Best Practices to Help Customers Achieve True Data Privacy
BankDirector.com; Online; July 2017
With today’s constant news stream of ransomware threats, denial of service attacks and data breaches, data privacy is more of a concern than ever. But, what exactly do we mean by data privacy, and how can we convey its importance to customers?
Why You Should Pay Attention to New York’s 504 Rule
WIB Compliance Digest; Online; July 2017
All financial institutions should be intimately familiar with BSA/AML regulations. The problem is, the modern criminal is also aware, constantly inventing methods to circumnavigate the regulatory environment.
The BSA 504 Rule, to put it lightly, “beefs up” current BSA/AML standards by including requirements of validation and personal liability by senior compliance officers.