Intuit (INTU) Completes Federal Reserve FedNow Certification Program
Intuit Inc. (NASDAQ:INTU) has successfully completed the Federal Reserve's FedNow Service certification, enabling it to support instant payments for businesses by partnering with financial institutions. This achievement allows businesses to benefit from immediate fund reception, improved cash flow, and real-time settlement. The company has recently received positive analyst ratings, with Morgan Stanley maintaining an Overweight rating and Northcoast upgrading its rating to Buy, highlighting attractive valuation and strong core business despite AI disruption concerns.
https://www.insidermonkey.com/blog/intuit-intu-completes-federal-reserve-fednow-certification-program-1738776/