INTUIT should start integrating (ISO20022 Compliant) Distributed Ledger Technology before feeling the painful impact of inevitability.

Distributed Ledger Technology (DLT) could improve Intuit's payment processes by enhancing efficiency, reducing reliance on intermediaries, and enabling real-time or near real-time settlement. DLT allows for the creation of a synchronized, distributed ledger that eliminates the need for a central administrator, thereby reducing operational costs and improving data accuracy through automation.

By enabling real-time verification of transactions without intermediaries such as banks or clearinghouses, DLT can significantly speed up payment processing—reducing delays from days to hours.

This is particularly beneficial for cross-border payments, which are often slow and expensive due to multiple intermediaries and incompatible systems.