CYS INSIGHTS

A Report by CYS Global Remit FinTech Development Unit The European Union is transforming its payments landscape with ambitious plans to build independent digital infrastructure, reducing reliance on U.S. dominated card schemes. For businesses and individuals in Asia managing European transactions, understanding these developments is crucial for navigating the evolving cross-border payments environment. The EU's Strategic Shift in Payment Infrastructure European finance minist

A Report by CYS Global Remit FinTech Development Unit Smishing attacks, phishing scams conducted via SMS and messaging platforms like WhatsApp, are rapidly increasing in frequency and sophistication. Fintech users face a particularly high risk, as these attacks target individuals with direct access to financial accounts and sensitive personal data. What is Smishing? Smishing combines "SMS" and "phishing" to describe fraudulent attempts to obtain sensitive information through

A Report by CYS Global Remit FinTech Development Unit Over the past few years, digital scams, mule-account networks and cross-border fraud have evolved from isolated incidents into a systemic risk within Singapore's financial system. For remittance users, the stakes are particularly high. These transactions are often urgent and emotional—sending money home to support family—and involve counterparties in other countries whom senders may never have met face-to-face. Scammers ex

A Report by CYS Global Remit FinTech Development Unit The Singapore FinTech ecosystem, comprising over 1,800 FinTech firms , has matured into a global innovation powerhouse. The key message from regulatory bodies like the Monetary Authority of Singapore (MAS) in 2025 is clear: the focus is now on deepening capabilities in technology — particularly AI — whilst relentlessly pursuing operational resilience and consumer protection . 1. The Technology Mandate: AI and Tokenisatio

A Report by CYS Global Remit FinTech Development Unit Recently, both Amazon Web Services (AWS) and Cloudflare —two of the world's biggest internet infrastructure providers—experienced major outages that sent shockwaves through the financial services sector. These weren't isolated technical hiccups; they exposed fundamental vulnerabilities in how modern fintech platforms operate. What Happened? AWS went down because of an internal system error that caused one of its core data

A Report by CYS Global Remit FinTech Development Unit The financial industry is on the verge of a quantum revolution, set to redefine how international payments are made, secured, and optimized. As global trade accelerates, payment providers face increasing pressure to deliver faster, more secure, and cost-effective cross-border transactions. Traditional infrastructure is nearing its limits; in this context, quantum computing offers groundbreaking solutions to current challen

A Report by CYS Global Remit FinTech Development Unit Real-time cross-border payments are transforming how people and businesses move money around the world. The promise is compelling: send funds to family or business partners overseas and have them arrive in seconds rather than days. But this speed comes with a catch—a dramatically compressed window for security checks and an evolving threat landscape that moves just as quickly as the payments themselves. For remittance prov

A Report by CYS Global Remit FinTech Development Unit Singapore's major banks have substantially stepped-up anti-scam measures by...

A Report by CYS Global Remit FinTech Development Unit UK lender Triver has secured £114 million in funding to scale SME financing...

A Report by CYS Global Remit FinTech Development Unit The Rise of Digital Financial Infrastructure Stablecoins are rapidly emerging as a...

A Report by CYS Global Remit FinTech Development Unit Singapore’s remittance industry, valued at approximately USD 8.05 billion in 2022 ,...

A Report by CYS Global Remit FinTech Development Unit The AI ROI Reset 🎯  The initial excitement surrounding generative AI has given way...

A Report by CYS Global Remit FinTech Development Unit The world of finance stands at the threshold of a revolution, and at its very core...

A Report by CYS Global Remit FinTech Development Unit Southeast Asia’s digital finance landscape has reached a pivotal moment. The main...

A Report by CYS Global Remit FinTech Development Unit      The Monetary Authority of Singapore (MAS) is set to bring significant changes...

A Report by CYS Global Remit FinTech Development Unit    The Asian foreign exchange and payment services sector is undergoing a dramatic...

A Report by CYS Global Remit FinTech Development Unit   In 2025, Singapore's financial landscape is at a pivotal moment, where the latest...

A Report by CYS Global Remit FinTech Development Unit Singapore's crypto industry is facing its most significant regulatory shift yet....

A Report by CYS Global Remit FinTech Development Unit    The era of unregulated, anything-goes cryptocurrency trading is officially...

A Report by CYS Global Remit FinTech Development Unit   As digital finance rapidly evolves, fraudsters are employing increasingly...