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Former CFPB Official to Lead BITS Fraud Reduction Program

Former CFPB official Diane Ness to lead BITS fraud reduction program.

Diane Ness has joined BITS, the technology policy division of The Financial Services Roundtable (Washington, D.C.), as Vice President, Fraud Reduction. She comes to BITS from the Consumer Financial Protection Bureau (CFPB), where she served as a Consumer Response Investigator.

In her new role, Ness will be the hands-on lead for fraud program initiatives, bring together working groups to address fraud topics coming before the industry.

Prior to her work at CFPB, she was an Investigation Specialist at the Federal Deposit Insurance Corporation. She also served as VP of Investigations and Fraud Strategy at Fifth Third Bank and as VP of Investigations at Key Bank.

"Diane's extensive experience with addressing financial fraud, from the private sector, government, and consumer perspectives, coupled with her deep knowledge of the issues, makes her the right person to lead fraud reduction initiatives on behalf of our members," said Paul Smocer, BITS president, in a press release.

[Click here to read more about how consumers' social media and mobile behavior may be putting them at greater risk for identity theft.]

Katherine Burger is Editorial Director of Bank Systems & Technology and Insurance & Technology, members of UBM TechWeb's InformationWeek Financial Services. She assumed leadership of Bank Systems & Technology in 2003 and of Insurance & Technology in 1991. In addition to ... View Full Bio

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