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Exploring Innovation at SWITCH: Where Tech, Ideas, and Partnerships Converge

A Report by CYS Global Remit Digital Media Marketing Team 


Ever wondered what happens when the brightest minds, startups, and tech innovators gather? That’s SWITCH—the Singapore Week of Innovation and Technology! It’s where global leaders exchange ideas, showcase solutions, and pave the way for the future. This year, CYS Global Remit had a front-row seat at the event from October 28-30 at the Sands Expo & Convention Centre. 


For CYS, SWITCH was more than just networking; it was an opportunity to explore the latest tech developments that could enhance our cross-border payment capabilities. Here’s what inspired us and why SWITCH stands out. 



What’s SWITCH? 

SWITCH is a year-long series of community gatherings culminating in a major showcase in October. It brings together industries from healthcare to AI and quantum computing. For CYS, it was a chance to dive into the innovations shaping tomorrow. 


This year, SWITCH featured over 300 startups focused on solving significant challenges. Each booth offered a glimpse into the future, with opportunities that could benefit us and our clients. 


Making Valuable Connections 

At SWITCH, making connections is key. Networking is like speed dating for business, with a tech twist. We met potential partners and companies that could transform our operations, including startups specializing in AI-powered risk analysis tools to enhance security in cross-border payments. 



Innovation, Singapore Style 

The SG Innovation pavilion highlighted Singapore’s ingenuity, showcasing startup solutions in cybersecurity and data management that align with our objectives. A standout discovery was blockchain-based identity verification, which could revolutionize our compliance frameworks. 


Hands-On with Tech 

SWITCH Play offered hands-on experiences with AI, robotics, and the metaverse. These insights are invaluable for understanding practical applications of emerging technologies, aimed at enhancing our client experience. 



Strengthening Security and Efficiency 

Security is crucial in cross-border payments, and SWITCH showcased cutting-edge solutions like blockchain ID protocols. These innovations are key to streamlining transactions and ensuring service excellence. 


Going Green 

SWITCH also presented green tech solutions like energy-efficient data centers, aligning with our commitment to sustainability and business excellence. 


Breaking Ground in APAC 

Our participation was driven by a desire to build connections throughout the Asia Pacific. SWITCH allowed us to engage with innovators to craft payment solutions tailored to APAC markets, enhancing our value proposition. 



SWITCH as a Growth Catalyst 

SWITCH embodies the fusion of ideas, relationships, and innovation. For CYS, it reinforced the power of collaboration and the endless possibilities of staying at the forefront of technology. The alliances formed will shape our service evolution and expand our influence across APAC. 


Final Thoughts 

SWITCH showed that the future of payments is as exciting as the people driving it. We left with new connections, fresh ideas, and a commitment to innovation. At CYS, we’re ready to implement insights, partner with startups, and lead the way in cross-border payments. Here’s to more innovation and future-forward thinking! 

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