News & Publications

News

  • CSI Aims to Alleviate Regulatory Pressure as "Risk Management Enters the 21st Century"

    PADUCAH, Ky., May 27, 2015 — In an effort to assist financial institutions of all sizes in implementing an effective enterprise risk management (ERM) system, Computer Services, Inc. (CSI) (OTCQX: CSVI), has published a new white paper, “Risk Management Enters the 21st Century,” to explore the importance of adhering to key risk categories. ...
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  • CSI BOARD DECLARES CASH DIVIDEND

    PADUCAH, Ky. – (May 20, 2015) – Computer Services, Inc. (CSI) (OTCQX: CSVI) announced that its Board of Directors declared a quarterly cash dividend of $0.22 per share. The quarterly cash dividend is payable on June 25, 2015, to shareholders of record as of the close of business on June 1, 2015. ...
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  • CSI HONORED AS ONE OF THE TOP PLACES TO WORK IN KENTUCKY FOR THIRD CONSECUTIVE YEAR

    Computer Services, Inc. (CSI) (OTCQX: CSVI), a provider of end-to-end technology solutions that empower financial institutions to remain competitive, compliant and profitable, today announced it has been recognized as one of the 2015 Best Places to Work in Kentucky. ...
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  • CSI REPORTS RECORD FISCAL YEAR 2015 RESULTS

    PADUCAH, Ky. (April 29, 2015) – Computer Services, Inc. (CSI) (OTCQX: CSVI) today reported record revenues and net income in the fiscal year ended February 28, 2015. CSI’s record results in fiscal 2015 marked the company’s 15th consecutive year of revenue growth and 18th consecutive year of growth in net income. CSI also concluded the year by celebrating its 50th year of operations. ...
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  • CORNERSTONE BANK ENHANCES ENTERPRISE RISK MANAGEMENT WITH CSI SMARTRISK IQ

    PADUCAH, Ky., April 21, 2015 — In an effort to better manage risk across its entire institution, West Union, W.V.-based Cornerstone Bank selected Computer Services, Inc. (CSI) (OTCQX: CSVI), a provider of end-to-end financial technology solutions, as its new enterprise risk management (ERM) provider. ...
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  • BANK OF SOUTHERN CALIFORNIA BOOSTS INNOVATION, REPORTING CAPABILITIES THROUGH NEW CORE SYSTEM FROM CSI

    PADUCAH, Ky., April 8, 2015 — In an effort to further increase technology capabilities to support its clients’ needs and existing business goals, San Diego, Calif.-based Bank of Southern California (OTCQB: FBBN) has partnered with Computer Services, Inc. (CSI) (OTCQX: CSVI), a provider of end-to-end financial technology solutions, as its new core technology provider. ...
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  • CSI AGAIN RANKS IN TOP TWO PERCENT OF GLOBAL MANAGED SERVICES PROVIDERS

    Computer Services, Inc. (CSI) (OTCQX: CSVI), a provider of end-to-end financial technology solutions, has once again ranked in the top two percent of the world’s largest managed services providers, according to Penton Technology’s annual MSPmentor 501 Global Edition. In its eighth year of publication, the list identifies the world’s top 501 managed services providers (MSPs), and CSI has been included in the annual listing since its inception. ...
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  • CSI INTRODUCES CYBERSECURITY RISK ASSESSMENT SERVICE IN RESPONSE TO INCREASED REGULATORY PRESSURE, GROWING THREATS TO SECURITY

    In an effort to assist organizations in better understanding the cybercrime risk that is present within their own environments, Computer Services, Inc. (CSI) (OTCQX: CSVI), a provider of end-to-end financial technology solutions, has introduced its Cybersecurity Risk Assessment service as its newest regulatory compliance offering. ...
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  • CSI KICKS OFF YEAR-LONG CELEBRATION OF ITS 50TH ANNIVERSARY

    Today, Computer Services, Inc. (CSI) (OTCQX: CSVI), a provider of end-to-end technology solutions that empower financial institutions to remain competitive, compliant and profitable, officially kicks off its year-long celebration of the company’s 50th year in service to the financial industry. ...
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  • CSI NAMED COMPANY OF THE YEAR BY UNITED WAY OF PORTER COUNTY

    Computer Services, Inc. (CSI) (OTCQX: CSVI), a provider of end-to-end financial technology solutions, has been named Company of the Year by United Way of Porter County. CSI received the award at the association’s 2015 United Way and Funds Volunteer of the Year Awards banquet. ...
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In The Press

  • Top 3 Benefits of Bank-Focused Managed IT Services

    BankNews Learning Points, Online; August 2015

    Since MSPs manage and maintain IT assets, they obviously must possess technical skills and the knowledge to troubleshoot and repair IT issues. But, banks are so specialized and heavily regulated these days that their MSP also should hold financial industry compliance, regulatory and operational expertise.

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  • The Steps to Building a Complete Third-Party Management Program

    Independent Banker; Online; July 2015

    Due to recent changes from the Office of the Comptroller of the Currency, the Consumer Financial Protection Bureau and the Federal Financial Institutions Examination Council’s Appendix J, financial institutions can no longer rely on time-tested third-party relationships without performing enhanced due diligence. Why? Because a bank’s use of any third-party provider now generates new compliance, operational, strategic and legal risks. 

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  • Payments Tech—The Great Equalizer

    CBInsight; Online; July 2015

    From a regulatory standpoint, most community banks are focused on the EMV liability shift, which occurs this October. And while this is an important change in the payments landscape, EMV is only the tip of the iceberg in terms of how payments applications can spur growth for banks.

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  • Three Powerful Ways Online Portals Transcend the Boardroom

    BankNews Learning Points, Online; July 2015

    But facilitating a safe, paperless boardroom is truly just the tip of the iceberg for secure portal technologies. Loan committee portals and employee intranets also provide an effective alternative for securely managing a variety of sensitive data and applications enterprisewide. These online portals require all the same safeguards as do board portals, including login and password verification, to ensure all materials remain protected.

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  • The P2P Revolution

    Digital Transactions; Online; July 2015

    Nobody can say for sure when the first electronic person-to-person payment took place, but payments historians are pretty sure they can pinpoint the first official P2P transfer using a mobile device. It was a whopper.

    CSI’s SPIN has one key advantage over providers like Square or Facebook: only the receiver must have a debit card.
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  • Get out of the IT Weeds and Back into Banking

    CBInsight; Online; June 2015

    Do you ever think about the “soft costs” of a managed IT services relationship? In a recent MSPAlliance survey, 50 percent of respondents cited the ability to return to their core competencies as their main reason for seeking an MSP.

    Such incalculable advantages, for some banks, are even greater than those that are more quantifiable—as long as you partner with the right vendor.
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  • FFIEC Shifts to Cybersecurity

    Credit Union Times; Online; June 2015

    In March, the Federal Financial Institutions Examination Council provided an overview of its 2015 cybersecurity priorities, which included work streams and a self-assessment tool, and industry observers believe this is a precursor to issuing cybersecurity guidance.

    Tyler Leet, director of risk and compliance services at the Paducah, Ky.-based CSI, added, “They wanted a better understanding of where community financial institutions stood with their cybersecurity posture and the controls they had in place, and areas they think need to be improved.”
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  • Financial Technology Partners Find Compliance Work

    TechTarget; Online; June 2015

    PricewaterhouseCoopers asked 261 C-suite and senior-level capital market executives how their organizations will have used technology and big data capabilities by 2020. Channel opportunities exist across financial institutions of various sizes.

    Larry Sanderson, senior vice president of CSI Managed Services, said he has seen high demand for managed services among banks ranging from $100 million to $1 billion in assets.
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