Latest news is that InstaReM—a money service provider that mainly serves the Asian market and a Ripple partner has joined Visa’s Fast-track Program. The objective of this program is to give Fintechs in Singapore better payment experience. That means speed, veracity, and efficiency which is lacking in legacy systems.
Together with Visa, the two companies will work toward building new solutions that will lead to fast, cheap and efficient money flow between countries.
To that end, Prajit Nanu, co-founder, and CEO of InstaReM said they would begin issuing out cards to new partners within the first month of joining the program down from nine months it used to before the partnership.