PADUCAH, Ky. – (April 13, 2017) – 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 Board of Directors Names Founder John A. Williams as Chairman Emeritus, Elects CEO Steve Powless as Board ChairmanPADUCAH, Ky., April 11, 2017 The board of directors for Computer Services, Inc. (CSI) (OTCQX: CSVI), a provider of end-to-end financial technology solutions, has named John A. Williams, the company’s founder and long-time board chairman, as chairman emeritus.Read More
CSI Demonstrates Compliance Expertise in Money Services Businesses, Insurance and Logistics with Expanded WebsitePADUCAH, Ky., March 15, 2017 -- To reflect its expanding services for the insurance, money services businesses and logistics industries, Computer Services, Inc. (CSI) (OTCQX: CSVI), a provider of end-to-end financial technology solutions, has launched its newly redesigned website, www.csiweb.com, which highlights the company’s denied party screening and identity (ID) verification services for these industries.Read More
PADUCAH, Ky. – (March 2, 2017) – Computer Services, Inc. (CSI) (OTCQX: CSVI) announced that its Board of Directors declared a quarterly cash dividend of $0.28 per share. The dividend is payable on March 31, 2017, to shareholders of record as of the close of business on March 15, 2017. The quarterly dividend represents an indicated annual dividend rate of $1.12 per share.Read More
PADUCAH, Ky., Feb. 28, 2017 In order to meet the growing demand for mobile banking services for banks’ business accounts, Computer Services, Inc. (CSI) (OTCQX: CSVI), a provider of end-to-end financial technology solutions, launched a new mobile business banking application as part of the company’s suite of digital banking solutions.Read More
PADUCAH, KY., Feb. 21, 2017 – Computer Services, Inc. (CSI) (OTCQX: CSVI), a provider of end-to-end financial technology solutions, has been recognized as one of the largest managed services providers in North America for the fourth consecutive year by CRN, a brand of The Channel Company, in its 2017 Managed Service Provider (MSP) 500 list.Read More
CSI Implements Industry-Leading Vendor Due Diligence Tool to Simplify Customers' Compliance ReportingPADUCAH, Ky., Feb. 14, 2017 – Computer Services, Inc. (CSI) (OTCQX: CSVI), a provider of end-to-end financial technology solutions, has implemented an expanded compliance reporting tool for its WatchDOG® Elite customers that allows them to quickly and thoroughly validate CSI’s authenticity as a proven, secure third-party technology provider.Read More
MURRAY, Ky., Feb. 2, 2017 — Murray State University has announced that John A. Williams will be conferred an honorary doctorate degree at the University’s Spring 2017 Commencement exercises, to be held on Saturday, May 13, on the Murray State campus, in recognition of his ongoing support of the University.Read More
Banking Priorities Study 2017: More Than Half of Bankers Expect to Increase Spending on Customer Experience InitiativesPADUCAH, Ky., Jan. 24, 2017 -- Heading into 2017, customer experience will be a high priority among financial institutions, according to Computer Services, Inc.’s (CSI) (OTCQX: CSVI) annual banking priorities survey.Read More
PADUCAH, Ky. (January 5, 2017) – Computer Services, Inc. (CSI) (OTCQX: CSVI) today reported higher revenues and net income for the third quarter and nine months ended November 30, 2016, compared with the third quarter of the prior fiscal year.Read More
In The Press
Bank of Nova Scotia: The Perfect Bank Stock for Millennials
The Motley Fool; Online; August 2016
Royal Bank of Canada might have the most assets and net earnings of any Canadian bank, but when it comes to courting millennials, Bank of Nova Scotia has its peers over a barrel—a digital one, that is.
Higher Expectations. Why the right digital strategy is critical to banking now
Banking Exchange; Online, August 2016
What is the role of traditional financial services institutions in a digital world? Most sources agree financial institutions will need to retain their traditional value proposition while deploying digital.
Four Steps to Winning the Vendor Management Battle
Western Banker; Online; July 2016
Community banks are not immune to the risks companies face today, particularly those associated with vendor management. Between the vendor management guidelines issued by the OCC in 2014 and the FFIEC in 2015, regulators have made it clear that banks are expected to know the companies with which they do business.
Unraveling Three Common Myths of CECL Reform
WIB Compliance Digest; Online; June 2016
How does a community bank account for the risk of loss related to its loan exposure?
That simple question is at the heart of one of the most watched regulatory changes expected in 2016. Following the credit crisis of 2008, the Financial Accounting Standards Board (FASB) began putting together comprehensive changes to how financial institutions evaluate risk and protect against default.
Four Best Practices to Help Bank Boards Manage New Cybersecurity Guidance
Bankdirector.com; Online; June 2016
Updates to the FFIEC Management Booklet portion of the IT Examination Handbook have placed your board of directors under more pressure than ever to ensure the health and stability of your institution’s overall IT and cybersecurity environment.
Here are four best practices to help your board manage the changes.
4 Tips for Risk-based Due Diligence to Ease Vendor Management Burden…and Ensure Your Institution’s Future
PACB Transactions; Online; May 2016
The recent vendor management guidance issued by both the OCC and the FFIEC has many banks feeling immense pressure. Typically, about 12 to 18 months after final guidance is published, examiners expect to see progress toward compliance with new requirements. So, for vendor management, that time is now. To make it easier, follow our four tips.
CECL: No Bank is Exempt
Colorado Banker; Online; May 2016
It’s true: the Financial Accounting Standards Board’s (FASB) final Current Expected Credit Loss (CECL) model will fundamentally change the way our entire industry accounts for loan loss reserves.
And no institution is exempt from CECL, despite some lingering assumptions to the contrary.
Find Your Footing in the Digital Payments Atmosphere
BankNews Learning Points; online; May 2016
Like it or not, alternative payment options like Apple Pay and Walmart Pay have effectively inundated the financial industry. And although some are more popular than others, digital payments present both growth opportunities and new challenges for community banks.