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CYS INSIGHTS

Embedded Finance
A Paradigm Shift in Financial Services Contributed by Lim Jing Wei, Chief Fintech Officer In today's swiftly evolving digital terrain,...
Aug 16, 2023


No Company Cheques After 2025, Says MAS
Contributed by Lim Jing Wei, Chief Fintech Officer In the previous article titled Electronic Settlement Speeds Up Reconciliation Process...
Aug 9, 2023

Federal Reserve announces that its new system for instant payments, the FedNow® Service, is now live
Contributed by Lim Jing Wei, Chief Fintech Officer The Federal Reserve announced on 20 July 2023 that its new system for instant...
Aug 2, 2023

Understanding the Ever-Changing Payment Landscape
Contributed by Lim Jing Wei, Chief Fintech Officer The Worldpay from the FIS Global Payments Report 2023 offers a snapshot of today’s...
Jul 27, 2023

Importance of Using Secure Multi-Factor Authentication Methods
Contributed by Lim Jing Wei, Chief FinTech Officer Multi-Factor Authentication (MFA) is an authentication method that requires users to...
Jul 18, 2023

Unleashing the Power of BI Tools for Data Analytics
Contributed by Dylan Chan, Chief Data Officer In today's data-driven world, organizations are constantly seeking ways to extract...
Jul 11, 2023

The Importance of AI and Biometrics in Regulatory Compliance in Finance Part 2
Contributed by Lim Jing Wei, Chief FinTech Officer The COVID-19 pandemic has accelerated the digitalization process, resulting in an even...
Jul 4, 2023


The Importance of AI and Biometrics in Regulatory Compliance in Finance
Contributed by Jing-Wei Lim, Chief FinTech Officer Traditionally, compliance has been a tedious and time-consuming process, requiring...
Jun 28, 2023


Real-Time Payments and its benefits
With the rise of e-commerce and the need for speed and efficiency, real-time payments have become an essential part of the modern...
Jun 20, 2023

Virtual desktop infrastructure or Desktops-as-a-Service (DaaS)
Contributed by Jing-Wei Lim, Chief FinTech Officer With the increasing adoption of cloud computing and remote work, access to business...
Jun 13, 2023


How Does Technology Help in CYS Payment Processes?
Contributed by Jing-Wei Lim, Chief FinTech Officer According to Statista, the transaction value of digital payments globally has been...
Jun 6, 2023

API automation is affecting our daily lives
Do you use your Singpass to log into an application? Do you log into your banking applications to check your account? Do you use Google...
May 30, 2023

Electronic Settlement Speeds Up Reconciliation Process
Did you know CYS Global Remit stopped accepting cash payment as a mode of settlement from 2020 as part of our digitalisation initiative...
May 22, 2023
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