"We expect that customer enthusiasm for digital banking services will continue to grow as customers look for new ways to bank that meet their unique personal financial needs," says Rizwan Khalfan, Chief Digital and Payments Officer, TD. An API-based approach will help simplify the process for customers who want to use third-party financial management apps. At the customer's request, TD will transfer the customer's financial data to Intuit through a technology known as Application Programming Interfaces (APIs) that may eventually eliminate the need for customers to share their banking login ID or password in order to access third-party financial products and services.Ĭonsumers who currently use financial products and services provided by some Fintechs are having to share their banking credentials to be able to access these products and services. The North American agreement signifies alignment between TD and Intuit about protocols to be followed by Intuit when accessing financial data of a TD customer to support the customer's request to use financial services supported by Intuit. 2, 2020 /CNW/ - TD Bank Group (TD) today announced a new data-access agreement with Intuit, maker of TurboTax, QuickBooks and Mint, which lays the groundwork for customers to request that TD transfers their financial data for services they want to use, including personal financial management apps supported by Intuit. New agreement signifies alignment between TD and Intuit about access to customer financial data
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