Tyler Stoltz
Fraud Manager
ECHO Health Inc.
Biography
Tyler Stoltz is an unparalleled leader in cybersecurity and payment fraud prevention. Tyler currently leads the fraud prevention strategy at ECHO Health, a leading payments company, where he has developed and deployed numerous strategies to prevent payments fraud on behalf of the company’s payer clients, who issue over $180 billion in claims payments annually, with nearly $150 billion of that being made via ACH. In 2023 alone, fraud prevention strategies for ACH payments led by Tyler identified and prevented numerous cases of Bank Update and ACH Enrollment fraud that could have resulted in over $110 million in losses if left undetected. Furthermore, zero known cases of ACH fraud have occurred since the deployment of these strategies at ECHO.
As a trusted consultant across a spectrum of industries and enterprises, Tyler specializes in fortifying systems and transactions against dynamic threats, blending technical knowledge with transformative strategies that establish him as an authority in payment security. Prior to working at ECHO Health, Tyler held fraud analytics roles in both the government and banking sectors. Tyler is a Certified Fraud Examiner who earned his Bachelor's degree in Criminal Justice from Tiffin University and an MBA in Economic Crimes and Fraud Management from Utica University.
How is the nominee propelling the industry forward?
The insurance, healthcare, and financial industries are frequent targets of fraud, and in Tyler’s role at ECHO Health, he sits at the crossroads of these three segments. He plays a critical role in preventing constant, malicious attacks from adversely impacting not only ECHO’s client base, but also other peers in the industry through information sharing. Tyler and his team are consistently at the forefront of identifying fraud and are quick to share their knowledge with other industry partners. For these efforts, the fraud team at ECHO is consistently recognized.
Under Tyler’s leadership, multiple healthcare provider networks and individual provider offices have credited ECHO with detecting and reporting fraud incidents and email compromise events at their facilities. In the words of a major health system, “It was ECHO who contacted me when they received suspicious documentation that indicated potential risk to our network finances. They were quick to get on a call with us so that we could discuss the next steps and provided direct information confirming that employee emails at the hospital were compromised.”
In addition to his efforts to develop leading fraud prevention strategies, Tyler takes pride in developing his team at ECHO and educating others in the industry. Tyler is a frequent presenter at industry conferences such as the Cognizant Life Sciences Conference and National Association for Dental Plans, covering topics that include payments fraud prevention, the identification of an alleged $2 billion Medicare fraud scheme detected through payment analytics, and embezzlement detection in the virtual card payment space.
Where do you see the nominee succeeding in the future?
Tyler has consistently proven that he can achieve anything he sets his mind to and has already become a leader in payments fraud prevention within the healthcare and insurance industries. His efforts have had a significantly positive impact in reducing waste in these critical industries. In the future, we expect Tyler to continue to excel as a leader in the payments industry and to share his knowledge with others. Tyler’s expertise brings significant value to all industries and will inevitably continue to spark more innovation around fraud prevention and payment security.