  Harnessing the advantages that new technology offers may reduce the cost of opening outlets especially in hard-to-bank areas that may initially not be profitable for financial service providers. Technology will continue to offer low-cost solutions and opportunities that were never thought about in the past. Service providers need to harness these opportunities.
  Promoting alternative banking methodologies Methodologies such as group lending in microfinance and Islamic Banking & Finance which use collateral substitutes and other risk-sharing mechanisms that are not used by conventional bankers provide viable alternatives that should be critically assessed.