A Report by CYS Global Remit Human Resource Management Unit In the fast-paced world of cross-border payments, where precision and agility are key, there’s one factor that underpins long-term success: people working effectively together. Strong teams are not just about skills on paper; they are built on trust, collaboration, and shared experiences. This is where team bonding activities come into play — thoughtfully designed experiences that strengthen relationships, foster com

A Report by CYS Global Remit Counterparty Sales & Alliance Unit  USD/SGD   1.2838– 1.2840   The U.S. dollar is coming under sustained and increasingly broad-based pressure as systematic investors accelerate selling in response to weakening price trends, declining yield support, and a shifting global monetary policy landscape. According to Bank of America’s latest Systematic Flows Monitor , trend-following strategies — particularly commodity trading advisors (CTAs) — have cont

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

A Report by CYS Global Remit Human Resource Management Unit As we approach the year’s end, Christmas at CYS once again brings our colleagues together to celebrate a season filled with warmth, gratitude, and camaraderie. Beyond the festivities, Christmas serves as a poignant reminder of kindness, appreciation, and the importance of community—values that are at the heart of CYS’s culture. At CYS, our Christmas celebration is not merely a date on the calendar; it’s an opportunit

A Report by CYS Global Remit Office Facilities Management Unit Char Siew Wanton Mee is more than just a comforting bowl of noodles—it's a dish steeped in history and flavour. Originating from Cantonese cuisine in Southern China, Wanton Mee made its way to Southeast Asia in the early 20th century, carried by Chinese immigrants. Over time, it evolved into a beloved hawker staple in Singapore and Malaysia, with each region adding its own twist. The Singaporean version often feat

A Report by CYS Global Remit Counterparty Sales & Alliance Unit   CNY/SGD   5.25 – 5.35   Goldman Sachs has elevated the Chinese Yuan to one of its highest-conviction foreign exchange calls for 2026, arguing that the currency’s current pricing materially understates its long-term fair value. In a note released Tuesday, analyst Teresa Alves presents a valuation-driven thesis that positions the Yuan as structurally undervalued, with appreciation potential well beyond what is cu

A Report by CYS Global Remit FinTech Development Unit Smishing attacks, phishing scams conducted via SMS and messaging platforms like WhatsApp, are rapidly increasing in frequency and sophistication. Fintech users face a particularly high risk, as these attacks target individuals with direct access to financial accounts and sensitive personal data. What is Smishing? Smishing combines "SMS" and "phishing" to describe fraudulent attempts to obtain sensitive information through