Competence Is a Control: Why Boards in Payments and Banking Technology Must Learn to Spot Leaders Who Hire for Loyalty
Introduction Competence is not a soft attribute in financial infrastructure. It is a control, in the same sense that dual authorization, sanctions screening and reconciliation are controls. When a payments, core banking, or remittance function is led by someone who cannot do the work, the organization does not simply lose productivity. It loses the judgment … Read more