Receives recognition in two classes for TD World Switch, UGO

TORONTO, Feb. 11, 2022 /CNW/ – TD Financial institution Group (TD) has been acknowledged by the Enterprise Intelligence Group (BIG) by way of the 2022 BIG Innovation Awards for modern digital options and for distinctive inside innovation capabilities. The annual awards program acknowledges organizations, merchandise, and individuals who carry new concepts to life in modern methods.

TD was acknowledged in each the Product and Group classes at this 12 months’s BIG Innovation Awards. TD World Switch^TM, an modern digital market, was acknowledged within the Product class and UGO, an innovation accelerator inside TD, gained within the Group class.

• TD World Switch: Allows clients by way of an modern market to securely ship worldwide cash transfers to over 200 international locations straight from their TD account by way of the TD cellular app or on-line banking. Prospects can ship cash utilizing considered one of three routes that is best for the sender and the recipient; on to the recipient’s checking account, by way of Visa Direct to the recipient’s Visa* card or for money pick-up at a Western Union location. TD World Switch has skilled vital buyer traction with greater than 200,000 TD clients sending over 1.8 million transfers to-date.

• UGO: Accelerates new enterprise fashions for TD and new digital improvement throughout its enterprise strains in North America. UGO focuses on constructing a repeatable inside innovation functionality at start-up pace, permitting the Financial institution to handle quickly altering client preferences. UGO makes use of its high expertise and expertise to carry new methods of working and considering to the Financial institution and has persistently delivered modern options for its clients. As proof of this, UGO has greater than 1 million buyer relationships with a good portion of them derived from non-TD banking relationships.

“We’re honoured that TD World Switch and UGO have been acknowledged by the Enterprise Intelligence Group,” stated Rizwan Khalfan, Chief Digital and Funds Officer, TD Financial institution Group. “TD prides itself on offering clients with superior digital capabilities and modern options for his or her on a regular basis monetary wants. This recognition is a testomony to our ongoing efforts to create distinctive digital experiences for our clients.”

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TD has a sturdy and well-established innovation ecosystem, which incorporates ideation, incubation, acceleration, fintech, begin up and massive tech relationships, investments in fintech and enterprise capital, and a presence within the tutorial area.

About TD Financial institution Group

The Toronto-Dominion Financial institution and its subsidiaries are collectively often called TD Financial institution Group (“TD” or the “Financial institution”). TD is the fifth largest financial institution in North America by property and serves greater than 26 million clients in three key companies working in a lot of areas in monetary centres across the globe: Canadian Retail, together with TD Canada Belief, TD Auto Finance Canada, TD Wealth (Canada), TD Direct Investing, and TD Insurance coverage; U.S. Retail, together with TD Financial institution, America’s Most Handy Financial institution®, TD Auto Finance U.S., TD Wealth (U.S.), and an funding in The Charles Schwab Company; and Wholesale Banking, together with TD Securities. TD additionally ranks among the many world’s main on-line monetary companies companies, with greater than 15 million energetic on-line and cellular clients. TD had CDN$1.7 trillion in property on October 31, 2021. The Toronto-Dominion Financial institution trades beneath the image “TD” on the Toronto and New York Inventory Exchanges.

About Enterprise Intelligence Group

The Enterprise Intelligence Group was based with the mission of recognizing true expertise and superior efficiency within the enterprise world. Not like different trade award applications, BIG’s awards are judged by enterprise executives having expertise and data. The group’s proprietary and distinctive scoring system selectively measures efficiency throughout a number of enterprise domains after which rewards these firms whose achievements stand above these of their friends.

*Registered trademark of Visa Worldwide Service Affiliation; Used beneath license.

®The TD emblem and different logos are the property of The Toronto-Dominion Financial institution or its subsidiaries.

SOURCE TD Financial institution Group

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