A Report by CYS Global Remit Digital Media Marketing Team Saturday mornings at CYS usually start a little later. But on 29 August, the team was already up and about by 9am, ready for a different kind of weekend activity. As part of CYS’ bi-quarterly CSR initiative, the team headed down to NTUC Health Nursing Home (Geylang East) for a carnival-style day filled with games, karaoke, colouring, bingo, ice cream and plenty of laughter. The mission was simple: spend the day with th

A Report by CYS Global Remit Counterparty Sales & Alliance Unit USD/SGD 1.2675 – 1.2725 The U.S. dollar has remained supported as investors weigh renewed Middle East tensions, oil-price volatility and shifting expectations for U.S. interest rates. For Singapore, the bigger question is not only where the dollar trades next, but how Iran-war risks may continue to affect inflation, operating costs and corporate margins across the economy. Iran's Ripple Effect Reaches Singapore R

A Report by CYS Global Remit Legal & Compliance Office Part 1 — Understanding Hybrid IT Infrastructure and AML Risk Exposure Introduction Hybrid IT infrastructure has become the norm for payment institutions chasing scalability, speed, and flexibility. These environments blend on-premises systems with cloud services, allowing institutions to handle high transaction volumes while making use of increasingly sophisticated compliance tools. But hybrid models bring their own set o

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

A Report by CYS Global Remit Human Resource Management Unit Supporting Rest, Balance, and Workplace Productivity Annual leave is a fundamental component of employee benefits, supporting rest, recovery, and overall well-being. In Singapore, leave entitlements are governed by the Employment Act and guided by the Ministry of Manpower (MOM), ensuring that employees receive adequate time off while maintaining fair workplace practices. At CYS, we ensure that our leave policies alig

A Report by CYS Global Remit Office Facilities Management Unit There's something rather wonderful about a dish whose name doesn't quite tell the truth. Bak Kut Teh, meaning "meat bone tea," is a much-loved pork rib soup enjoyed across Malaysia and Singapore — yet, despite the name, the soup itself contains no tea at all. Instead, tea is traditionally served alongside the meal, sipped to cut through the richness of the broth and cleanse the palate between mouthfuls. Humble Beg

A Report by CYS Global Remit Counterparty Sales & Alliance Unit USD/SGD 1.2675 – 1.2725 Dollar Finds Fresh Momentum as Fed Expectations Shift The U.S. dollar regained momentum this week after hotter-than-expected U.S. inflation data revived expectations of a potential Federal Reserve rate hike, pushing the euro and sterling lower and giving the greenback a fresh boost after a period of relatively narrow trading. With markets already looking toward Jackson Hole for the next si

A Report by CYS Global Remit Customer Success Management Team Moving money across borders means something different to every customer. Some want the most competitive exchange rate. Others value speed, convenience, or the reassurance of a relationship manager they can call by name. At CYS Global Remit, we've learned that there is no one-size-fits-all approach to foreign exchange and remittance — and we've built our services around that. For 45 years, we've shaped what we offer

A Report by CYS Global Remit Network Admin Support Team Your smartphone holds more sensitive information than most computers — banking apps, personal messages, photos, work email, and access to almost every account you own. These are the security settings that are worth five minutes of your time. Your Phone Is More Sensitive Than You Think Think about what your phone can access: your bank account, your work email, your personal messages, your location history, your photos, an