Innovative information technology can play a role here, and it can also be supportive in reshaping business models.1 In fact, to a limited extent, it can help tap new sources of income. Another way in which institutions can unlock new sources of revenues and optimise their existing profit centres is by cooperating with fintechs.
Transparency matters not only because it provides additional due process to affected participants; it also creates an opportunity for broader, more insightful comments from the public. As a result, it can allow us to be more nimble and better informed in our scenario design.