Michael Wyffels is the CTO of Illinois-based QCR Holdings, a $1.7 billion bank-holding company. He says institutions should not focus so much on technology that they ignore some of the more simplistic fraud-mitigation strategies. The top five types of fraud affecting institutions touch credit and debit, check, vishing/phishing, ACH/wire and the ATM. “Sometimes, you just can’t use the system to do what you’re trying to get done,” he says.”]
Source: https://www.cuinfosecurity.com/prioritizing-anti-fraud-solutions-a-4748