Fintech

CSI and NYDIG’s Partnership Aims to Provide Bitcoin Services to Financial Institutions

CSI | January 07, 2022

CSI_and_NYDIG
Computer Services, Inc. (CSI) has announced its partnership with NYDIG to provide turnkey bitcoin services to the community of financial institutes. CSI is known for providing eminent end-to-end fintech and regtech solutions. And NYDIG is a leading bitcoin company.

The new bitcoin services are powered by NYDIG. The services will enable banking customers to buy, sell, and hold bitcoin directly through CSI’s digital banking platform. This platform will be a safe way for users to do bitcoin transactions efficiently and manage their transactions.

According to a 2021 survey commissioned by NYDIG, 81% of respondents said they would be interested in purchasing bitcoin from their bank if the service was available. In the same survey, 71% of respondents who already owned the digital asset said they would switch their primary bank to one that offered Bitcoin-related products and services.

In this venture. Gerald Reiter, president and CEO at Granite Bank, a CSI core banking customer shared, that “Bitcoin is one of the fastest-growing areas of consumer interest, and we feel strongly about giving customers the ability to buy, sell, and invest in it safely.”

NYDIG’s products are already renowned as they meet the industry’s highest regulations, governance standards, and audits. The products, therefore, enable financial organizations to uphold stringent compliance programs and keep enhancing the banking experience for their customers.

In addition to the new offering of bitcoins, Patrick Sells, NYDIG Chief Innovation Officer, also put in his comments. He says, “Community banks are excited about offering Bitcoin services to their customers, but they also know that they need to provide a secure and compliant environment to maintain the trust that their customers place in them. Therefore, by partnering with CSI, we can help community banks meet the growing demand for bitcoin while remaining compliant and secure with a seamless customer experience through the CSI digital banking platform.”

In the end, the new offering exhibits CSI’s full suite of digital banking technology. The technology provides a wide range of solutions for financial institutions, such as seamless mobile banking, web design and hosting, digital account opening, and digital payments.

At CSI, our top priority is helping our customers remain on the edge of innovation. We must enable community financial institutions to grow their assets and reach new customers by integrating Bitcoin along with our suite of innovative digital banking products.”

Giovanni Mastronardi, CSI’s group president of Enterprise Banking

Spotlight

Being the bank customers want – and will need in the future – comes with a unique set of challenges that organizations in financial services should start to embrace now. Whether this is the way artificial intelligence is now delivering everyday capabilities we can see and touch, or the impending revolution coming from quantum co


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