GovTech Singapore’s Post

👀Ever wondered how SFG ensures the security of your transactions? Well, it's time we peeled back the curtain a little! Our state-of-the-art software is a game changer! 🛡️ It uses complex encryption methods to ensure that your financial information is as uncrackable as the Da Vinci Code! Not only that, but with real-time fraud detection, our system is always on high alert, ready to pounce on any unusual activity! 🐱👤 So, the next time you're transacting with Speaks Financial Group, rest easy. You're in safe hands. ✅ #SFGsecurity #SecureTransactions #FinancialSoftware #PeaceofMind

Discover the top fraud detection software and companies of 2024! 🚀 Explore their strengths and use cases in this detailed analysis: https://okt.to/P5Zv9Q #FraudDetection #TechInnovation

Without careful vigilance, financial institutions and businesses face significant vulnerability to check fraud. How can businesses ensure check fraud protection? The answer is in secure on-demand MICR technology solutions. Learn more about how secure MICR prevents check fraud in our blog: https://hubs.ly/Q02tBCHp0 #MICR #SourceTechnologies #CheckPrinting #CheckFraud

There's no doubt that check fraud is on the rise. For that reason, it's critical for your organization to take a proactive approach towards mitigating this risk through a secure check printing solution. At Source Technologies we're proud to offer this type of solution to include the highest quality security features designed to reduce your check fraud risk potential. Contact us to learn how we can help you take action today against this major risk! #checkfraudrisk #MICR #secureprinting

$42 billion loss According to PwC’s 2022 Global Economic Crime and Fraud Survey, 46% of companies experienced fraud in the past 24 months. To put that in perspective, that’s about a $42 billion loss due to fraud.

Without rules or regulations, fraudsters have an unlimited number of options for targeting businesses, families and vulnerable people. Join us on July 31 for an in-depth webinar that examines fraud trends across various payment channels and how technology, such as consortium analytics, can help mitigate this growing industry risk. https://lnkd.in/eyFTKHRC

At Source Technologies we conduct rigorous testing to ensure the highest quality MICR toner cartridges are assembled from the ground up. This constant testing is a major reason why financial institutions and businesses trust us to reduce their check fraud risk. Follow our link below to learn more about the variety of embedded security features designed to protect your organization. #fraudprevention #highqualityproduct #MICRtechnology

Training everyone within your company is a best practice to help protect against fraud!

🚨 Warning: Spam Text Alert! 🚨 We’ve been notified of a spam text claiming a direct deposit into your checking account has failed. The message includes a suspicious link and mentions visiting a "nearest branch"—both are clear red flags! 📩 Example Message: "WyHy-FCU: Direct Deposit into CHECKING* has FAILED on 9/4/24. To retry, Navigate here: https://han.gl/AOTt9 or visit nearest branch." Why is this a red flag? Legitimate financial institutions typically do not ask members to visit a branch via text in response to account issues. Such messages can be a tactic to create a sense of urgency or confusion, leading you to fraudulent sites or locations. Do not click on any links or follow any instructions. If you receive a message like this, delete it immediately and contact WyHy directly using official contact details to verify your account status. Stay vigilant and protect your personal information! www.WyHy.org/Security