Shirley Inscoe

Shirley Inscoe

Strategic Advisor

Areas of Expertise: Authentication, Bank and Payments Fraud

Shirley Inscoe is a Strategic Advisor on Aite-Novarica's Fraud & AML practice, covering fraud and data security issues.

Shirley brings to Aite-Novarica 30 years of banking experience in enterprise fraud and payments issues. She has served as the chair of the BITS Fraud Reduction Steering Committee and the co-chair of Early Warning Services’ Advisory Committee, and has been a member of ABA’s Deposit Account Fraud and Payment Systems Committees.

Prior to joining Aite-Novarica, Shirley was the Director of Financial Services Solutions at Memento Inc., where she was responsible for guiding the company’s overall strategy and supporting product development, marketing, and sales related to payments risk mitigation. During her tenure with Memento, she worked to expand the firm’s product offerings beyond employee fraud to cover check, ACH, and wire fraud. Before that, Shirley was Senior Vice President and Director of Payments Strategy with Wachovia Bank, where she previously served as Senior Vice President and Strategic Support Manager of Enterprise Loss Management. She also served as Corporate Compliance Manager with First Union Corporation.

Shirley has spoken at many BAI, ABA, BITS, and NACHA conferences on topics related to payments and fraud prevention. In 2009, she co-authored a book on internal fraud entitled, Insidious: How Trusted Employees Steal Millions and Why It’s So Hard for Banks to Stop Them.

Shirley holds a B.S. in Business Administration from Western Carolina University.


Wednesday, October 12, 2022 | 2:00 p.m. ET
Sophisticated fraud rings are running circles around digital identity verification tools and fraud stacks—leaving upset customers, a surge in fraud investigations, and drained revenue in their wake. Understanding how behavior identifies fraud rings at the top of the sales funnel can help reduce...
Tuesday, August 2, 2022 | 2:00 p.m. ET
Identity theft has become so prevalent that it affected one-in-four U.S. consumers in 2021, along with virtually every type of financial product, commercial platform, and government support. Simultaneously, scam activity — via social media, phone, text, and email—targeted one-in-three U.S....


April 10, 2019
Merchant Risk Council’s (MRC’s) annual Vegas show has concluded; another highly successful trade show is over, but the benefits are ongoing. MRC Vegas 2018 was such a success, it didn’t seem the 2019 show would be able to compare, but it certainly did. The exhibit hall was packed with solution providers, both old and new. Some companies have been in the e-commerce space for decades, while...
Read Full Post
February 14, 2019
In recent years, application fraud has become a major problem for U.S. financial institutions (FIs). In 2017, Aite Group recognized application fraud as the second-greatest challenge FIs face in combatting fraud, trailing only account takeover fraud; this trend continues today. By 2020, application fraud losses related to demand deposit accounts (DDAs) are projected to exceed US$636 million, a...
Read Full Post

How can we help?

If you have a question specific to your industry, speak with an expert.  Call us today to learn about the benefits of becoming a client.

Talk to an Expert

Receive email updates relevant to you.  Subscribe to entire practices or to selected topics within

Get Email Updates