CYS INSIGHTS

A Report by CYS Global Remit Digital Media Marketing Team In cross-border payments, few terms are used as often - and misunderstood as easily - as "nett receipt." Many businesses assume that when they send a payment overseas, the recipient will receive exactly the amount instructed. In reality, this is not always the case.  For SMEs, importers, exporters, and financial institutions operating across borders, understanding nett receipt is no longer a technical detail - it is a

A Report by CYS Global Remit Legal & Compliance Office Part 5: Strategic Compliance – Technology, Governance, and Future Trends Singapore's leadership in cross-border payments is built on innovation and regulatory foresight. Initiatives to increase connectivity between different local fund transfer networks like PayNow , PromptPay , and DuitNow exemplify regional interoperability. However, rapid technological evolution also introduces compliance challenges, such as: Adapting

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