CSI Resources

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Prepare Now for FinCEN’s Customer Due Diligence Rule: Part 2 of 2

  • by Keith Monson
  • Jul 21, 2016

In our last Compliance Advisor blog, we began our discussion regarding the tasks banks must complete as they prepare for the 2018 compliance deadline for the Financial Crimes Enforcement Network’s (FinCEN) Customer Due Diligence (CDD) Final Rule. Here is the remainder of our quarter-by-quarter timeline—through the deadline date of May 11, 2018.


Selecting a Core Provider: 5 Ways to know It’s Time to Make a Core System Change

  • by Computer Services, Inc.
  • Jul 07, 2016

If your bank has ever been through a core vendor change, you know converting is an intensive process that requires countless hours and numerous resources. But, when contract renewal rolls around, you should still ask yourself, “am I happy with my core banking provider?”

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Prepare Now for FinCEN’s Customer Due Diligence Rule: Part 1 of 2

  • by Keith Monson
  • Jul 05, 2016

Arguments for greater transparency in legal entity ownership have been stacking up for some time. In 2014, the G20 issued its High-Level Principles on Beneficial Ownership Transparency, a pact amongst member countries to improve such transparency and recognize its importance in protecting the global financial system.

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Clearing Up the Confusion on Model Risk Management

  • by Keith E. Monson
  • Jun 30, 2016

If you’re like most bankers, you still get confused when it comes to model risk management. Why are examiners asking my bank to validate a model? What guidance should my bank follow? And what are the board’s responsibilities?

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4 Best Practices for Addressing Political Risk in Your Strategic Plan

  • by Joe Wheeler
  • Jun 08, 2016

Community financial institutions focus on the future by planning, forecasting, considering customer delivery preferences and assessing risks before they occur. Good thing … America is in the midst of the 2016 election cycle, and your institution should be planning now for possible exposure to a risk that’s lesser known and not often discussed—political risk.

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EMV, Tokenization and the Future of Payments

  • by Matt Herren
  • Jun 02, 2016

Your customers want transactions completed quickly and securely. That’s why the influx of digital payment options has many consumers looking for the next fastest alternative. And while they don’t always care how it works—you should. Here’s why.

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Marketing to Millennials: What’s Your Bank’s Strategy?

  • by Kedran Whitten
  • May 26, 2016

Engaging the millennial generation is a challenge and necessity for all businesses—especially those in the financial industry. Millennials are about to reach their peak earning years. Plus, they’re reaching some of life’s biggest moments, like home ownership and parenting.

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Leverage the Retail Potential of Treasury Management Products

  • by Greg Aumann
  • May 19, 2016

Commercial customers are increasingly using technology to more effectively and efficiently manage their money and process payments. And by leveraging treasury management products and cash management solutions, those customers can save time and reduce employment expenses associated with managing the financial aspects of their businesses.

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Comparing the Apples and Oranges of Today's Digital Payments

  • by Matt Herren
  • May 09, 2016

From Apple Pay to Walmart Pay, alternative payment options have flooded the financial industry. But not all options are created alike.

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No More Burying Your Head in the Sand

  • by Amber Goodrich
  • May 04, 2016

“Like a gentle breeze, culture may be hard to see, but you can feel it.” That’s William C. Dudley, president and CEO of the Federal Reserve Bank of New York, encapsulating the difficult task of entrenching cultural values within banks.