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.


Tuesday, January 25, 2022 | 11:00 a.m. ET
Register today and join Aite-Novarica Group Fraud & AML Practice Director Chuck Subrt, his expert team, and Head of Financial Services Executive Partner Service Mitch Wein for a live one-hour webinar as they explore the top 10 trends that will influence the fraud and anti-money laundering...
Wednesday, September 22, 2021 | 2:00 p.m. ET
Fraud is easier to catch before it starts. But as the customer journey continuously shifts to include more digital experiences, it has become increasingly difficult to confidently assess risk and confirm identity at the opening of a new account. And, once fraud has been committed at a new account...


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...
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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...
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