CYS INSIGHTS

A Report by CYS Global Remit Counterparty Sales & Alliance Unit  USD/SGD   1.2925 – 1.2975   Seasonal Export Dynamics and Bank of America’s USD/CNY Forecast  Bank of America’s decision to maintain its year-end USD/CNY forecast at 7.10, despite December historically being China’s strongest export month, reflects a cautious reassessment of how seasonal dollar inflows translates into yuan appreciation. In theory, stronger exports should generate a surge in U.S. dollar receipts f

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 Digital Media Marketing Team When you send money abroad, it's rarely just about numbers. Perhaps you're helping your parents cover monthly expenses back home, paying school fees for a sibling studying overseas, or settling a supplier invoice so your small business can keep moving. Every transfer carries a story, a responsibility, and a little piece of trust. And in those moments, what matters most is knowing that your money is in safe hands. For o

A Report by CYS Global Remit Human Resource Management Unit At CYS Global Remit, we take great pride in recognising the individuals whose dedication, loyalty and commitment have helped shape our organisation into what it is today. This year, we are honoured to celebrate the outstanding long-service achievements of two remarkable employees — Vincent Yeo, who marks an incredible 20 years with CYS, and Jesline Ng, who celebrates her meaningful 10-year milestone. Celebrating Vinc

A Report by CYS Global Remit Legal & Compliance Office Part 3: Licensing and Jurisdictional Complexity Cross-border payment institutions in Singapore face a labyrinth of licensing requirements across jurisdictions. Each country imposes distinct rules, creating a complex regulatory landscape that demands careful navigation and strategic planning. The Global Licensing Maze  Different markets require different approaches, and understanding these nuances is critical for any payme