05 December 2018
SkillsFuture Singapore (SSG), the government agency that gives out grants and funding for lifelong training, takes fraudulent activity very serious and is building up its defences against fraud.
It has announced that it has set up a fraud and enforcement division to monitor and investigate suspicious claims.
SSG said that it has set up a partnership with the Government Technology Agency of Singapore, and other private sector consultants, to incorporate the use of data analytics in its fraud detection system.
This includes developing machine-learning algorithms to detect anomalies in claim submissions. Confirmed fraudulent claims will be fed back into the algorithms to sharpen the system’s ability at detecting future fraudulent claims.
Data is also being verified with other government agencies such as the Accounting and Corporate Regulatory Authority.