For an enterprise to get maximum value from M2M, the ecosystem needs to come together to package their value-added services into an application that is simple-to-use and seamlessly integrates all the components in the background.
These gave banks more freedom to use models to value illiquid assets and more flexibility in recognising losses on long-term assets in their income statements.
This is because they want to reach high-value business flyers, who often make bookings through corporate travel agents which, in turn, use a GDS to compile their itineraries.
The alternative is a rules-based system in which the Fed begins to use quantitative tightening and easing to steady the value of the dollar as represented by the price of gold.