Oct 28 2009 13 mins 1
From ACH to ATM, payments to phishing, fraud schemes abound. And bank customers and businesses are the targets.
So what can banking institutions do to fight back?
Bob Neitz is the senior vice president in charge of the Fraud Corporate Risk Management Program at Wells Fargo. In an exclusive interview, Neitz discusses:
The types of fraud he fights;
How managers, employees and customers can prevent fraud;
What other banking institutions can be doing to improve their own fraud prevention efforts.
Neitz is a manager of the Fraud Corporate Risk Management Program at Wells Fargo, responsible for providing leadership and direction around cross-organizational fraud risk management for the enterprise, including all consumer, small business and wholesale businesses. With more than 14 years of experience in a Risk Management capacity, Neitz has held several other positions at Wells Fargo with various business groups, including online banking, consumer products and credit card businesses.
