PADUCAH, Ky. – (July 12, 2017) – Computer Services, Inc. (CSI) (OTCQX: CSVI) announced that its Board of Directors approved a 10.7% increase in the quarterly cash dividend to $0.31 per share.Read More
PADUCAH, Ky., July 10, 2017 -- In order to help its customers tap into the burgeoning online lending market, Computer Services, Inc. (CSI) (OTCQX: CSVI), a provider of end-to-end financial technology solutions, has partnered with RCGILTNER Services, Inc., to offer online lending solutions for both personal and small-business loans with near real-time approval.Read More
PADUCAH, Ky. (June 29, 2017) – Computer Services, Inc. (CSI) (OTCQX: CSVI) announced today that shareholders elected two directors and approved the ratification of the appointment of RSM US LLP as independent auditors for fiscal year 2018.Read More
PADUCAH, Ky. (June 27, 2017) – Computer Services, Inc. (CSI) (OTCQX: CSVI) today reported growth in revenues and net income for the first quarter ended May 31, 2017.Read More
PADUCAH, Ky., June 22, 2017 -- Computer Services, Inc. (CSI) (OTCQX: CSVI), a provider of end-to-end financial technology solutions, announced that legendary NFL quarterback Peyton Manning will deliver the keynote address at its annual customer conference this fall.Read More
PADUCAH, Ky., June 20, 2017 -- Computer Services, Inc. (CSI) (OTCQX: CSVI), a provider of end-to-end financial technology solutions, announced that Michael Carter has been elected as its newest board member.Read More
PADUCAH, KY., June 13, 2017 – CRN®, a brand of The Channel Company, has recognized Computer Services, Inc. (CSI) (OTCQX: CSVI), a provider of end-to-end financial technology solutions, as one of the largest managed services providers in North America for the fourth consecutive year on its 2017 Solution Provider 500 list.Read More
PADUCAH, Ky., June 6, 2017 – The Ohio Bankers League (OBL) has endorsed CSI Secure Connect from Computer Services, Inc. (CSI) (OTCQX: CSVI), a provider of end-to-end financial technology solutions. Through CSI Secure Connect, OBL members can enhance corporate communication among both employees and board members, as well as increase productivity and decrease costs. OBL’s endorsement becomes the seventeenth such commendation for CSI’s portal solution by a state banking association.Read More
CSI Integrates Dow Jones Risk & Compliance Data into WatchDOG Elite to Enhance Customers' PEP Screening CapabilitiesPADUCAH, Ky., May 15, 2017 – In an effort to enhance its customers’ ability to mitigate the risk of doing business with politically exposed persons (PEPs), Computer Services, Inc. (CSI) (OTCQX: CSVI), a provider of end-to-end financial technology solutions, has integrated data from Dow Jones Risk & Compliance into its WatchDOG® Elite platform, a robust watch list screening solution.Read More
PADUCAH, Ky., May 9, 2017 – Computer Services, Inc. (CSI) (OTCQX: CSVI), a provider of end-to-end technology solutions, has been recognized among the best large companies to work for in Kentucky.Read More
In The Press
The Polar Opposites That Make Up Today’s Digital Payments Environment
Western Banker; Online; September/October 2016
When you think about it, mobile payments are nothing new—we’ve used online retailers, company-specific apps and P2P payments for a while now. But digital wallets that let consumers make instant payments with their smartphones are the option with true staying power.
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.