Intuit Joins Federal Reserve's Instant Payments Network
Intuit (INTU) has joined the Federal Reserve's FedNow Service, allowing real-time payments through its platforms. This move enhances its financial services by enabling instant transactions across its software ecosystem, including QuickBooks and TurboTax. The certification does not make Intuit a bank but allows it to partner with financial institutions for instant payments.
Tickers: $INTU
Topics: FedNow Service Financial Infrastructure Fintech Instant Payments Intuit