Privacy and Security

Your Security and Fintech Apps

Third-party (non-TD) financial technology (fintech) apps and data aggregators often store and access your digital bank account username, password and account information to provide services that may help you manage your money, invest, borrow and send money. Find out how these apps use your data and what you can do to help protect yourself.

Get informed: fintechs and data aggregators

We know how much you value safety, security and transparency when it comes to the use of your data. That’s why we want you to understand how the financial products and services offered by fintechs and data aggregators work, what they do with your data and how you can protect yourself. We believe in supporting customer choice, but we also want you to have the right information to make an informed decision.

How fintech apps access your info

  • First, they get your login credentials

    Many fintech apps use data from a financial institution, like TD, where you have accounts. As part of the app sign-up process, fintechs—or the data aggregators they use to collect your information—may present a login screen for you to enter your banking credentials. While many of these app login screens may look like your banking login screen, it's important to know that's often not the case.

    Learn how to verify if a login screen is supported by TD

  • Next, they store your login credentials

    Once you give them your credentials, fintech apps and data aggregators may store them on their servers. This means that the safety of your bank credentials is now reliant on their security systems.

  • Then, they have access to your information

    When the fintech app or data aggregator wants your banking information, they may use your credentials to access and retrieve (screen-scrape) your account information. Certain information TD has about you—including balances, account numbers, profile information and account statements—could be retrieved by the fintech app provider.

    Learn more about screen-scraping

Your responsibility when using fintech apps

Understand your responsibilities—as well as the risks—before sharing your sensitive and confidential financial information with third parties.

When using a fintech app, you may be providing your confidential TD username and password directly to third parties over whom TD has no control. Please be aware that the sharing of your TD credentials is contrary to the terms of our agreements, and TD will not be responsible for any harm that results from the sharing of your credentials.

Interested in learning more?

Visit the Consumer Financial Protection Bureau for more information on financial data sharing and aggregation

†Important Disclosures By clicking on this link you are leaving The Toronto-Dominion Bank's ("TD Bank") website and entering a third-party website over which TD Bank has no control.
Neither TD Bank, nor its subsidiaries or affiliates, are responsible for the content of third-party sites hyper-linked from this page, nor do they guarantee or endorse the information, recommendations, products or services offered on third-party sites. Third-party sites may have different privacy and security policies than TD Bank. You should review the privacy and security policies of any third-party website before you provide personal or confidential information.

Tools and resources

How to Contact Us