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Intuit Completes FedNow® Service Certification to Accelerate Instant Payments for Small and Mid-Market Businesses
Last intuit inc. earnings: 2/24 04:01 pm
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US:NASDAQ Investor Relations: investors.intuit.com
Intuit advances its delivery of faster money access by joining the Federal Reserve’s instant payments networkNew integration enables instant money movement across Intuit’s money product portfolio, helping businesses eliminate wait times, optimize cash flow, and get paid faster MOUNTAIN VIEW, Calif.--(BUSINESS WIRE)--Intuit (NASDAQ: INTU), the global financial technology platform that makes Intuit TurboTax, Credit Karma, QuickBooks, Mailchimp, and Intuit Enterprise Suite, today announced it has completed the Federal Reserve’s certification and readiness program for the FedNow® Service. This milestone marks Intuit’s readiness to expand instant payments, enabling businesses to get paid faster, access funds immediately, and manage cash flow with greater certainty.By leveraging the FedNow Service, Intuit is able to partner with financial institutions to send instant payment transactions on behalf of its customers. This flexible participation model allows Intuit to help accelerate the ad
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