TD Bank Launches Online Banking System for Corporates

TD Bank has launched TD eTreasury, an online banking system for corporate, middle-market and government customers aimed at simplifying the complexities of treasury management.

The bank, which has the sixth-largest branch network across North America and is among the 10 largest US banks, said the new system employs the latest technologies to deliver integrated information reporting and transaction initiation, to deliver a simplified, customised and enhanced online business banking solution offering improved control and visibility.

“In today’s rapidly changing environment, corporate finance officers [CFOs] are faced with increasingly complex cash management challenges,” said Rick Burke, head of corporate products and Services, TD Bank. “We recognise and are responding to our customers’ needs.”

TD Bank added that the new platform elevates its online treasury management capabilities by offering greater access to real- time information, alerts, electronic statements (eStatements), loan reporting, enhanced audit reporting and a seven-year image archive. Other improvements include enhanced fraud protection, an updated, easily navigable dashboard to monitor transactions, streamlined self-administration capabilities and access to the bank’s online learning (eLearning) tool.

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