TD has struck a North American data-access agreement with Plaid.
In brief:
- This will enable the bank's customers in Canada and the US to share their financial data with third-party providers.
- TD customers will be able to connect to Plaid's network of over 8000 apps and services through APIs.
- TD already has data access agreements with Mastercard's Finicity as well as Envestnet | Yodlee.
What does this mean?
Franklin Garrigues, VP, external ecosystems, TD, says: "We know our customers are looking to access new types of services that meet their unique financial needs. This agreement will enable our customers who choose to access the applications and services on Plaid's network to do so with more ease, value and security."
