Steve Solberg is an experienced leader with more than 30 years of his career devoted to the financial services industry. A specialist in fraud risk management, Steve has worked both inside financial institutions and for a third-party fraud solution provider. In addition to his fraud expertise, Steve is also accomplished in retail banking, including corporate security, internal audit, and process improvement.
Most recently, Steve was senior product manager for fraud at Fortent Americas, Inc. In that role, he developed and implemented a comprehensive fraud product strategy and sales plan. Steve also represented the company on The Santa Fe Group’s Vendor Council, serving as a member of the Council’s Steering Committee and chairing several of its working groups.
Prior to joining Fortent in 2005, Steve held a number of senior leadership positions during his 36-year career with Bank of America. Most recently, Steve was the executive for Bank of America’s National Fraud Detection and Prevention Services, with responsibility for the check, deposit, ATM, kiting and new account fraud detection systems and operations. While there, he initiated a franchise-wide strategy that focused on customer authentication, assuming additional responsibility as the customer authentication executive for the Consumer and Small Business Bank.
Steve has a strong foundation in retail banking. He developed his internal fraud investigation skills as part of a multifaceted 20-year career in corporate audit, where he was a regional auditor and core member of the company’s mergers and acquisitions team. Steve’s fraud management skills grew as he served as the deputy director of corporate security. Based on his successes directing these programs, Steve joined a core leadership team to build Bank of America’s Liability Risk Management Group, which established a new approach to organizing and managing the functions affecting deposit portfolio risk.
Steve is a graduate of California State University at Los Angeles, is Six Sigma Green Belt certified, has authored several acclaimed whitepapers and has published articles in the American Bankers Association Bank Security & Fraud Prevention Magazine, Bankers’ Association for Finance and Trade Magazine, and GT News. An accomplished speaker and sought-after expert in the national media, Steve is a regular speaker at industry conferences, including events sponsored by the American Bankers Association, the Financial Fraud Forum, the Financial Services Roundtable/BITS, and South African Fraud Prevention Services.
