At customer`s request, TD transfers customer`s financial data to Finicity via a technology known as Applications Programming Interfaces (APIs), which may no longer require customers to share their bank login or password to access third-party financial products and services. “The significant increase we have seen when launching our own digital products and services has accelerated our work by using a market-developed technology solution to improve the convenience of customers who want to access digital services outside of their bank,” said Rizwan Khalfan, Chief Digital and Payments Officer, TD. “Our customers want digital solutions and we are focused on supporting their decisions.” The agreement with Finicity is part of TD`s response to customers` need to use data stored with financial institutions for digital services. TD is a founding member of the Financial Data Exchange (FDX), a U.S.-based industry consortium that promotes solutions to better protect customer data, supports an API-based technology protocol, and was recently implemented in Canada with the support of leading banks and FinTech in Canada. TD also recently invested in Akoya, a new U.S.-based company, which will leverage an API-based network to enable a more secure exchange of financial data. In Canada, TD participated in government consultations to promote consumer-centred financing while helping to protect consumer interests. Toronto-Dominion Bank and its subsidiaries are known together as TD Bank Group (“TD” or “Bank”). TD is the 6th largest bank in North America by branch and serves more than 26 million customers at three major companies operating at a number of locations in financial centres around the world: Canadian Retail, including TD Canada Trust, TD Auto Finance Canada, TD Wealth (Canada), TD Direct Investing and TD Insurance; ==. .