TD recognized with 2024 BIG Innovation Awards for third consecutive year
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TD wins in two award categories for TD Invent and the TD Accessibility Adapter
TORONTO, Jan. 11, 2024 /CNW/ - TD Bank Group (TD) has been recognized by the Business Intelligence Group (BIG) for the third consecutive year through the 2024 BIG Innovation Awards, for providing accessible digital experiences and driving forward-focused enterprise innovation. The annual awards program recognizes the people, organizations and ideas changing how we experience the world.
TD was recognized in both the Organization and Product categories at this year's 2024 Innovation Awards. TD Invent, the Bank's enterprise approach to innovation, won in the Organization category and the TD Accessibility Adapter, a colleague-developed accessibility browser plug-in to help drive inclusion in digital spaces, was recognized in the Product category.
Guiding the Bank's culture of innovation, TD Invent focuses on addressing tomorrow's banking expectations by exploring, testing and scaling innovative solutions and emerging technologies, including generative AI and extended reality. Through a robust innovation ecosystem, an inclusive mindset and a human-centered design approach, cross disciplinary teams develop and improve products and services to help meet the evolving needs of customers, colleagues and communities. TD Invent supports incubation and acceleration across the Bank, resulting in over 15,000 colleague-developed ideas each year, over 8,000 of which have been implemented to date, and over 600 granted patents worldwide.
One of TD Invent's innovations, the TD Accessibility Adapter, is a browser plug-in that enables users to personalize their online experiences to help address their individual accessibility preferences. Initially created for TD colleagues, the tool launched in September 2023 to the Canadian and American public at no cost. Features of the tool include reading guides, adjustable font size, dark mode, a dyslexia-friendly font and monochrome mode – all of which are explicitly designed without using overlays and to co-exist with assistive technologies and standalone screen magnification software.
"Through TD Invent, we're continuously embedding innovation across the Bank to help provide better, faster and more meaningful experiences for our customers, colleagues and communities," said Imran Khan, Head of TD Invent. "Our innovations are designed with purpose to help meet the needs of the diverse communities we serve. We're proud to be recognized by the Business Intelligence Group for our work in helping to shape the future of banking at TD."
TD Invent drives innovation at the Bank. Through our three areas of focus— Colleague Ideation, Human-Centered Design and Innovation Acceleration —we work across our innovation ecosystem to help meet the evolving needs of our customers, colleagues and communities, accelerating future growth opportunities. To learn more about how we're helping to shape the future of banking at TD, visit tdinvent.td.com.
The Toronto-Dominion Bank and its subsidiaries are collectively known as TD Bank Group ("TD" or the "Bank"). TD is the sixth largest bank in North America by assets and serves over 27.5 million customers in four key businesses operating in a number of locations in financial centres around the globe: Canadian Personal and Commercial Banking, including TD Canada Trust and TD Auto Finance Canada; U.S. Retail, including TD Bank, America's Most Convenient Bank®, TD Auto Finance U.S., TD Wealth (U.S.), and an investment in The Charles Schwab Corporation; Wealth Management and Insurance, including TD Wealth (Canada), TD Direct Investing, and TD Insurance; and Wholesale Banking, including TD Securities and TD Cowen. TD also ranks among the world's leading online financial services firms, with more than 16 million active online and mobile customers. TD had $1.96 trillion in assets on October 31, 2023. The Toronto-Dominion Bank trades under the symbol "TD" on the Toronto and New York Stock Exchanges.
The Business Intelligence Group was founded with the mission of recognizing true talent and superior performance in the business world. Unlike other industry award programs, these programs are judged by business executives having experience and knowledge. The organization's proprietary and unique scoring system selectively measures performance across multiple business domains and then rewards those companies whose achievements stand above those of their peers.
SOURCE TD Bank Group