Intuit (INTU) 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 adoption of a more modern U.S. payment infrastructure, providing businesses with the ability to manage their cash flow with greater speed and the financial confidence of instant settlement.
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