Human beings are known for a myriad of different things, but more importantly than the rest, they are known for getting better on a consistent basis. We say this because the tendency has already fetched the world some huge milestones, with technology appearing as a rather unique member of the group. The reason why technology’s credentials are so anomalous is purposed around its skill-set, which was unprecedented enough to realize all the possibilities for us that we couldn’t have imagined otherwise. Nevertheless, a closer look should be able to reveal how the whole runner was also very much inspired by the way we applied those skills across a real world environment. The latter component was, in fact, what gave the creation a spectrum-wide presence and made it the ultimate centerpiece of every horizon. Now, having such a powerful tool run the show did expand our experience in many different directions, but even after reaching so far ahead, this prodigious concept called technology will somehow keep on delivering the right goods. The same has grown to become a lot more evident in recent times, and assuming one new GRC-themed development shakes out just like we envision, it will only propel that trend towards greater heights over the near future and beyond.
CSI, a leading provider of end-to-end fintech and regtech solutions, has closed the first half of its 2024 fiscal year having achieved 20 new core deals, dozens of managed services agreements and multiple regulatory and compliance contracts with international tech and consumer brands. The milestone comes on the back of CSI introducing various banking and enterprise products in recent months. Talk about these products on slightly deeper note, they include, for instance, the company’s brand-new WatchDOG Fraud and WatchDOG AML. Launched in partnership with Hawk AI, the stated solutions leverage artificial intelligence and machine learning models to create multilayered, automated oversight that monitors, detects, and reports fraudulent or suspicious activity in real time. Next up, we must get into CSI’s IT Governance service, which combines best-in-class expertise with an automated governance platform, powered by FINOSEC. By doing so, the service is able to provide a more holistic approach when it comes to managing critical IT and security issues, while simultaneously minimizing the risks of non-compliance penalties for banks.
“Our purpose is to help people make wise financial decisions—a purpose we can wholeheartedly focus on because of our confidence in CSI,” said Alex Keltner, president of First Southern National Bank, a $1.2 billion institution in Stanford, Kentucky, which extended its core agreement with CSI in August. “We have been working with CSI for more than 30 years. We’ve not only grown with them through innovations in our technology stack, but also in deepening our trust with their dozens of experts in core strategy, open banking solutions and much more.”
During this timeframe, CSI also decided to launch a dedicated CSI Call Center. The idea here is to extend the necessary resources and expertise to meet customer service needs for banks or other organizations that are faced with increased call volume and staffing challenges. Not just against challenges, though, the stated solution can even come through for you, if you are simply looking to enhance the quality of your service. An example for the same could be delivering after-hour support to all account holders. CSI Call Center is, at present, operated by Fintexperts®. Anyway, rounding off the highlights are CSI’s new instant payment capabilities. These capabilities are notably built upon the Federal Reserve’s FedNowSM Service, which is essentially a new payment infrastructure that allows banks in the U.S. to provide safe and efficient instant payment services.
Founded in 1965, CSI has risen up the ranks by providing fintech, regtech and cybersecurity solutions to financial institutions and corporate customers across the world. Within the stated categories, the company puts on offer a specific and wide assortment of services, including anti-money laundering, account origination, treasury management, managed IT services and cybersecurity, real-time payments, open banking, Banking as a Service, and more. As for how well it presents its promised value proposition, the answer to that can be had by looking at its clientele, which ranges from community financial institutions to top global brands.
“We know the value that comes from great relationships emphasizing transparency and honesty. These are words rarely used when talking about a solutions provider, making it all the more important that we embrace them at every opportunity, in every customer interaction, in every discussion with our employees and in every decision our team makes about products and services and innovation. In our nearly 60 years, we’ve learned that customers want good solutions, but deserve great service, said David Culbertson, president and CEO of CSI.