Report by CYS Global Remit Counterparty Sales & Alliance Unit USD/SGD 1.2775 – 1.2825 US Dollar Outlook The US dollar enters the new trading week with market direction likely to be shaped by incoming US economic data and Federal Reserve commentary. Investors will be assessing the latest inflation and labour-market indicators for clues on the future path of interest rates, with any deviation from market expectations potentially triggering renewed volatility across major curren

A Report by CYS Global Remit Customer Success Management Team In international business, money does not move in just one direction. Companies need to pay overseas suppliers for goods and services, but they also need to receive payments from foreign customers, repatriate overseas earnings and convert foreign currencies into funds they can use locally. Managing these transactions efficiently is an important part of running a business. At CYS Global Remit, we understand that bus

A Report by CYS Global Remit Office Facilities Management Unit A quick look at one of Singapore’s most-loved noodle dishes. History Mee Siam, meaning “Siamese noodles”, is a popular Peranakan and Malay-influenced dish. Over time, Singapore developed its own unique version with a distinctive sweet, sour and spicy taste. It is a good example of how a dish can travel, adapt and become a local favourite. Key Ingredients Every plate of Mee Siam comes together with a handful of sim

A Report by CYS Global Remit Network Admin Support Team A major iOS update brings new features, security patches, and inevitably, some anxiety about what might break. Here's how to update smartly! Why Software Updates Matter More Than You Think Every major iOS release bundles two very different things together: exciting new features, and quiet, essential security patches. It's tempting to think of software updates as optional extras, but security researchers routinely find an

A Report by CYS Global Remit Digital Media Marketing Team One small mistake can delay an international payment. And sometimes, the consequences are much bigger than the mistake itself. Imagine this. Your company needs to pay an overseas supplier. The invoice has been checked. The amount is correct. The exchange rate has been agreed. The payment is submitted. You receive confirmation that the money has been sent. Everything appears to be in order. Except for one thing: One di

A Report by CYS Global Remit Human Resource Management Unit Recognising the People Behind Every Achievement Every organisation celebrates major milestones, but behind every achievement are individuals who contribute through countless smaller actions every day. A problem solved, a colleague supported, a deadline met, or a customer helped may not always make headlines. Yet these contributions are often what keep an organisation moving forward. Employee recognition is about maki

A Report by CYS Global Remit Legal & Compliance Office Part 3 — Third-Party & Cloud Vendor Risks in AML Controls Introduction Payment institutions increasingly rely on external technology providers, especially for sanctions screening, transaction monitoring and analytics. Hybrid infrastructure amplifies these dependencies, as controls are spread across on-premises systems, private environments and third-party platforms. Outsourcing can bring real improvements in capability, s

A Report by CYS Global Remit FinTech Development Unit Why banks sometimes withdraw from payment corridors, and how regulated specialists can help keep legitimate cross-border payments flowing. Imagine you run a business in Singapore. For years, you have been buying goods from the same overseas supplier. The relationship is good. The invoices are legitimate. The payments have become routine. Then one day, something changes. Your bank tells you it can no longer support payments

A Report by CYS Global Remit Digital Media Marketing Team Singapore is one of the most connected cities in the world. People arrive here to work, study, build businesses and create better opportunities for themselves and their families. But while many may call Singapore their workplace or temporary home, their families, responsibilities and financial commitments often remain thousands of kilometres away. Every month, money travels alongside these connections. From Singapore t