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
PADUCAH, Ky. (January 8, 2018) – Computer Services, Inc. (CSI) (OTCQX: CSVI) today reported its results for the third quarter ended November 30, 2017.Read More
PADUCAH, Ky., Dec. 13, 2017 – Computer Services, Inc. (CSI) (OTCQX:CSVI), a provider of end-to-end technology solutions that empower financial institutions to remain competitive, compliant and profitable, pushed its 200th mobile banking customer live in the app store.Read More
CSI's Omnichannel Strategy Aligns with Bankers' Plans to Offer Integrated Customer Experience in 2018PADUCAH, Ky., Dec. 5, 2017 — In Computer Services, Inc.’s (CSI) (OTCQX: CSVI) forthcoming Banking Priorities Study 2018, an annual survey of banking executives and their strategic plans, 48 percent of respondents said that reaching new customers through omnichannel strategies is one of their greatest opportunities for growth in 2018.Read More
PADUCAH, KY., Nov. 21, 2017 – Understanding the importance of giving back to local communities, Computer Services, Inc. (CSI) (OTCQX:CSVI), a provider of end-to-end technology solutions that empower financial institutions and other businesses to remain competitive, compliant and profitable, contributed more than $160,000 to the United Way of Paducah-McCracken County through its annual campaign.Read More
In The Press
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.
How Banks Help Customers With FinTech
U.S. News & World Report; Online; June 2017
A storm is sweeping the banking world, happening faster than you can grab a fistful of 20s from the ATM. But to the average consumer, and even the above-average investor, it remains as mysterious as whatever lies behind that ATM screen.
Is Zero Trust the best safeguard for your systems?
Banking Exchange; Online; April 2017
Ransomware, malware, and phishing—executives within financial services have become all too familiar with these methods of cybercrime.
To combat cybercrime, banks must adopt a variety of strategies, ranging from the required security protocols set out by federal regulators to exploring new cybersecurity models. One innovative approach banks could begin to pursue is incorporating elements of a “Zero Trust” model into their security posture.
New Administration, Renewed Focus on BSA?
WIB Compliance Digest; Online; April 2017
On Feb. 9, his 21st day in office, President Trump released an executive order (E.O.) that essentially serves as a “call to arms” against criminal organizations, as part of his pre-election promise to restore law and order to the United States.
Institutions must consider how watch lists and additional government lists come into play … namely, 314a.
A Seamless Society Demands Omnichannel Banking
BankNews Learning Points; Online; April 2017
The digital evolution has brought new and uncharted challenges to financial institutions, namely keeping the consumer experience consistent across digital, mobile, ATM and in-branch channels. To help banks face these challenges, omnichannel banking has emerged as the solution.
CECL: Your Step-by-Step Guide to Compliance by 2020-21
The Arkansas Banker; Online; April 2017
Very soon, CECL will fundamentally change how the financial industry accounts for loan loss reserves. Currently, institutions can’t record expected losses until deemed “probable.” Because of this limitation, they were inadequately reserved before the 2008 financial crisis.
The following guide takes your institution through CECL implementation, one step at a time.