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Stock impact report

CSI’s Banking Priorities Executive Report 2020: Digital Strategies and Open Banking at the Top of Bankers’ Minds

COMPUTER SVCS INC (CSVI) 
NASDAQ:AMEX Investor Relations: csiweb.com/investor-relations
Company Research Source: Business Wire
PADUCAH, Ky.--(BUSINESS WIRE)--As the new year and a new decade begin, Computer Services, Inc. (CSI) (OTCQX: CSVI) has revealed the findings from its fifth annual Banking Priorities Executive Report.CSI, a provider of end-to-end financial technology solutions, surveyed 227 U.S. banking executives from across the asset-size spectrum to identify the most pressing issues facing our industry as we head into 2020. This year’s research identified a clear pattern of digital prioritization, touching every category of the survey and spanning every asset size. The report also indicates that bankers perceive interest rate variability (41% of respondents) and application programming interfaces (APIs) and open banking (19%) as the issues that will most affect the industry in 2020.While regulatory issues such as data privacy and BSA/AML modernization registered highly, bankers across the country cited investing in technology as a key priority, particularly as related to digital-only strategies. Show less Read more
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