PADUCAH, Ky. – Computer Services, Inc., a large bank processor, has signed a definitive agreement to acquire ATTUS Technologies, Inc., a leading provider of technology-based compliance solutions for banks, credit unions, insurance companies and securities firms. The acquisition is expected to close by May 30, 2003. Terms of the acquisition were not disclosed. "The demand for compliance solutions has accelerated since 9/11 as the federal government has increased the requirements for banks, credit unions, insurance companies and securities firms to review customer accounts and transactions to comply with regulations from the Office of Foreign Asset Control (OFAC) and the latest changes in the recently passed USA Patriot Act," said CSI President and CEO Steven A. Powless ATTUS provides compliance solutions to approximately 2,000 customers in the financial services industry.

Complete your profile to continue reading and get FREE access to, part of your ALM digital membership.

  • Critical information including comprehensive product and service provider listings via the Marketplace Directory, CU Careers, resources from industry leaders, webcasts, and breaking news, analysis and more with our informative Newsletters.
  • Exclusive discounts on ALM and CU Times events.
  • Access to other award-winning ALM websites including and

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.