It may be foreseen that such collaboration will improve the cross-border regulation of fintech and digital assets through: a. Harmonised/Equivalent fintech regulatory frameworks across jurisdictions which is an effective tool against regulatory arbitrage and will enable licensed fintech business to have access to other markets; b. Bridging the expertise gap between jurisdictions for efficient framework development; and c. Capacity building and knowledge sharing in the field of fintech supervision for financial services regulators.
Product development costs have probably also been reduced through the use of better computer hardware and software, and new communications technologies have increased the speed with which firms can share information--both internally and with their customers and suppliers. This is the intersection of macroeconomics and management.