CYS INSIGHTS

A Report by CYS Global Remit Legal & Compliance Office Part 4: Data Localization and Privacy Compliance Data protection laws are increasingly shaping the compliance landscape for payment institutions operating across borders. Jurisdictions like the EU (GDPR), China, India, and Canada impose strict rules on cross-border data transfers, creating a complex regulatory environment that demands careful navigation. Diverse Regulatory Requirements Across Key Jurisdictions Understandi

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 Digital Media Marketing Team In our interconnected world, life often transcends borders, and so do the people we care about. Many of us support family overseas, pay suppliers in neighbouring cities, hire freelancers from various countries, or shop online from our favourite markets. Yet, despite its commonality, sending money abroad can still feel complicated, slow, and expensive. This week, we are pleased to introduce CYSMobilePay , our new app de

A Report by CYS Global Remit Counterparty Sales & Alliance Unit EUR/SGD   1.5100– 1.5200   The Euro has emerged as one of the standout performers in the currency complex this year, with EUR/USD on track for annual gains exceeding 12%. While the rally has lost some momentum in recent months, Bank of America Securities remains constructive on the single currency into 2026, arguing that the balance of risks is increasingly skewed toward further appreciation rather than reversal.

A Report by CYS Global Remit Human Resource Management Unit In today’s fast-paced financial landscape — where precision, compliance, and performance intertwine — it’s easy to overlook one of the most vital aspects of success: wellbeing. The conversation around wellbeing has evolved beyond traditional notions of physical health. It now encompasses emotional balance, psychological safety, and the ability to feel supported at work and in life. Encouraging open conversations abou