A Report by CYS Global Remit Office Facilities Management Unit The French flag proudly symbolises the culinary inspiration behind this special menu, created and prepared by the CYS team. A Kitchen for Creativity At CYS, the kitchen has become more than just a place to prepare meals — it's evolved into a space for creativity, learning, and teamwork. Recently, our staff embarked on an exciting culinary journey, learning to cook classic French cuisine and creating a special Fren

A Report by CYS Global Remit Counterparty Sales & Alliance Unit USD/SGD 1.2775 – 1.2825 The Singapore dollar (SGD) remained relatively resilient this week despite renewed strength in the US dollar, as markets adjusted to a more hawkish Federal Reserve and higher US Treasury yields. While the broader Asian foreign exchange market came under pressure, the SGD experienced only a modest decline against the US dollar, highlighting its relative stability amid a more challenging glo

A Report by CYS Global Remit Human Resources Management Team From Munich to Singapore, the spirit of Oktoberfest has travelled a long way! Known as the world's largest folk festival and beer celebration, Oktoberfest is all about bringing people together over good food, drink, music, and merriment. This year, CYS brought our own take on the tradition to life — with team games, a hearty feast, karaoke, and plenty of opportunities to enjoy each other's company beyond the usual w

A Report by CYS Global Remit Digital Media Marketing Team For anyone who has spent time in China, one thing quickly becomes clear: Your phone is often your wallet. From breakfast in the morning and a ride across town to shopping, mobile top-ups and everyday purchases, digital payments have become deeply woven into daily life. And for many people, Weixin is right at the centre of that experience. For foreigners living, working, studying or spending extended periods in China,

A Report by CYS Global Remit Network Admin Support Team Your web browser is the single most-used piece of software on any device, and its default settings often favour convenience and advertising over your privacy. A few adjustments make a meaningful difference. Why the Browser Matters So Much Nearly everything you do online — banking, shopping, reading news, checking email — passes through your web browser. Its default settings determine how much of that activity is tracked,

A Report by CYS Global Remit Customer Success Management Team If you have been transacting with CYS Global Remit, you may already have Remit Rewards points waiting to be redeemed. But have you checked what your points can get you? Your accumulated points can be exchanged for a variety of vouchers and rewards covering food, shopping, groceries, lifestyle and travel. So, before you let your points continue to sit in your account, why not take a look at what you can enjoy? Turn

A Report by CYS Global Remit Legal & Compliance Office Part 2 — Data Fragmentation, Data Quality & AML Surveillance Gaps Introduction An AML framework is only as strong as the data feeding it. No matter how sophisticated the monitoring rules or how experienced the investigations team, poor-quality or inconsistent data will always undermine the outcome. This is precisely where hybrid IT infrastructure introduces some of its greatest challenges. By design, hybrid environments d

A Report by CYS Global Remit Digital Media Marketing Team For anyone making an international payment, seeing a status that says “Payment Sent” can feel like the end of the process. The money has left the sender. The transaction has been submitted. Surely the recipient should have it by now. Not necessarily. In cross-border payments, there can be several steps between a payment being sent and the beneficiary actually receiving the funds. Understanding what happens in between c

A Report by CYS Global Remit FinTech Development Unit MAS has built one of the world's most rigorous stablecoin frameworks. As it moves toward full implementation, businesses and individuals sending money across borders need to understand what's changing. From Experiment to Regulation Stablecoins are digital tokens designed to maintain a fixed value against a fiat currency such as the US dollar or Singapore dollar. By 2024, total global stablecoin transaction volume reached l