TD among the first U.S. banks to integrate bank feeds into Workday, empowering organizations to streamline financial operations and maintain near real-time visibility

TD Bank U.S. ("TD") has expanded its embedded banking offering to include functionality in Workday for U.S. business clients. In collaboration with FISPAN, TD is among the first U.S. banks to deliver bank feeds directly in Workday, enabling clients to access near real-time banking features without requiring expensive treasury management systems. This empowers organizations to streamline financial operations, save valuable time, and maintain near real-time visibility, all within a platform they already use.

This deployment builds on TD's integrations with QuickBooks, Microsoft Dynamics, Netsuite and Sage Intacct and lays the foundation for a full embedded banking experience.

"With this direct integration, we are setting a new standard for operational discipline and efficiency in banking," said Paul Margarites, Head of Digital Channels, Transaction Banking, TD Securities. "Collaborating with industry-leaders like FISPAN and Workday allows us to continue innovating while delivering new benefits to our shared clients. We plan to roll out enhanced capabilities later this year to enable our clients to make payments, reconcile their bank accounts and automate accounting tasks, aiming to reduce their time spent on these tasks by as much as 90% without the need for costly systems or IT programs."

Nearly 80% of treasury departments continue to rely on manual or fragmented processes despite broad agreement that digital tools are reshaping liquidity management, according to a TD survey of treasury professionals at the Association for Financial Professionals 2025 conference in Boston.

“As the payments ecosystem evolves, our clients expect seamless solutions that help them operate with greater speed, efficiency and precision," said Tom Gregory, Head of Treasury Management, Merchant and Government Banking, TD Bank U.S. "Embedded banking capabilities save our clients precious time, with fewer portals and less manual work, ensuring they maintain near real-time financial visibility and confident execution within the platforms they already use.”

Once enhanced payment capabilities are introduced, U.S. clients will benefit from:

• Seamless, Single Interface: Enabling clients to process payments and reconcile their finances directly in Workday without the added step of logging on to a separate TD portal.
• Increased Clarity, Faster Closes: Creates automated journal entries and reconciliation that helps reduce manual work and mistakes, leading to faster closes and more accurate results.
• No IT Lift: Offers simple “plug-and-play” integration in the existing Workday platform without additional IT support, thereby bringing down cost of implementation.

TD's commitment to digital innovation and client-centric solutions continues to drive meaningful changes in the banking industry. As TD continues to expand its suite of embedded banking technologies, clients can look forward to even more seamless, secure and flexible banking experiences tailored to their evolving needs.

About TD Bank U.S.
TD Bank U.S. is a leading U.S. bank with more than 10 million clients and a network of approximately 1,100 convenient locations throughout the Northeast, Mid-Atlantic, Carolinas and Florida. We support our clients and communities with a full range of retail, small business, and commercial banking products and services. We also offer customized private banking and wealth management services, a comprehensive suite of credit card products for consumers and businesses, and automotive vehicle financing and dealer commercial services.

TD Bank U.S. is one of the 10 largest banks in the U.S. by assets and is headquartered in Mount Laurel, N.J. To learn more, visit www.td.com/us.

TD Bank U.S. is a subsidiary of The Toronto-Dominion Bank, the sixth largest bank in North America by assets. The Toronto-Dominion Bank trades on the New York and Toronto stock exchanges under the ticker symbol "TD."

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