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
Studio Bank (In Organization) Partners with CSI to Create De Novo Bank with Omnichannel and Hyper-Local StrategyPADUCAH, Ky., Nov. 2, 2017 — Nashville, Tennessee-based Studio Bank (In Organization), which filed its application to become the city’s first newly chartered de novo bank in nearly a decade, has selected Computer Services, Inc. (CSI) (OTCQX: CSVI), a provider of end-to-end financial technology solutions, as its core and mobile banking technology provider.Read More
PADUCAH, Ky., Oct. 26, 2017 — In order to provide its customers with enhanced technology offerings and simplify its vendor management needs, Wisconsin-based First Bank of Baldwin has selected Computer Services, Inc. (CSI) (OTCQX: CSVI), a provider of end-to-end financial technology solutions, as its new core and mobile banking technology provider.Read More
PADUCAH, Ky. – (October 18, 2017) – Computer Services, Inc. (CSI) (OTCQX: CSVI) announced that its Board of Directors declared a quarterly cash dividend of $0.31 per share.Read More
In The Press
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.
With core conversions, the question isn't if, but when
American Banker; Online; March 2017
Expense and risk has kept many U.S. banks from modernizing their core systems, but executives at one community bank that completed the project this past summer say they are happier for having done it.Two Rivers’ bank unit went live in early August with a NuPoint core system from Computer Services, Inc.
No Easy Answers as E-Retailers Contend With Compounding Payments Developments
Digital Transactions; Online; March 2017
Rattle off a selection of payment trends—EMV, tokenization, fraud—and many e-retailers may be beset by apprehension.
That’s especially true if the retailer looks to support emerging payment types, according to Matt Herren, director of payments analytics at Computer Services Inc., a Paducah, Ky.-based financial-technology provider.
How Will Machine Learning Affect the Financial Services Industry?
WIB Tech & Security Digest; Online; March 2017
Since the dawn of the Industrial Revolution, society has grappled with what man could produce versus a machine, and with each mechanical invention, man ultimately benefited. This century will be no different, and one of the key business disrupters will be machine learning.
Customers buy experiences now, not products and services
Banking Exchange; Online; February 2017
It has been said many, many times that the key to growth in these technology-heavy times is boosting customer satisfaction, which in turn requires improving the customer experience.A survey of more than 160 bank executives by Computer Services, Inc. found that 55% plan to increase spending on customer experience initiatives this year. At the top of this list of initiatives, 41% of respondents cited digital banking enhancements.