In this case, it may be sensible for the costs associated with provision of a high level of infrastructure to be allocated and borne appropriately between the financial institutions and end-users. At the same time, individuals need to have a clear idea of how to safeguard their personal information through their own efforts.
Bank economists need to give focused attention to risk assessment to this sector so that there are no errors of high interest rate to low risk borrowers in the SME sector and vice-versa.