Your Security and Fintech Apps
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.-
What you need to know
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How to protect yourself
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FAQs
How fintech apps access your info
First, they obtain your login credentials
Next, they store your login credentials
Then, they have access to your information
Your responsibility when using fintech apps
Questions to ask before using a fintech app
- What type of data does the aggregator (or the company used by the data aggregator) collect when accessing my bank account?
- What security practices are in place to protect my data?
- Who is responsible for any security/data breaches or unauthorized charges that may occur, and will they be able to reimburse me for losses?
Info to look for when you're signing up
- Familiarize yourself with how collected data will be stored and for how long before consenting
- Understand how you can revoke consent
- Learn how your data will be used and if your data is being sold to, or shared with, additional parties
How to monitor your fintech app
- Monitor your accounts and transactions regularly for any suspicious activity that you did not initiate or authorize
- Opt in to receive account and security alerts via text or e-mail on all your TD bank, investment and credit card accounts
- If you stop using a fintech app or services, change your TD password and disallow the connection by logging in to the fintech provider and changing the connection settings before you delete the app
Interested in learning more?
Visit the Consumer Financial Protection Bureau for more information on financial data sharing and aggregation††By clicking on this link you are leaving TD Bank's website and entering a third-party website over which TD Bank has no control.
Neither TD Bank US Holding Company, nor its subsidiaries or affiliates, is 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 US Holding Company. You should review the Privacy and Security policies of any third-party website before you provide personal or confidential information.
†By clicking on this link you are leaving TD Bank's website and entering a third-party website over which TD Bank has no control.
Neither TD Bank US Holding Company, nor its subsidiaries or affiliates, is 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 US Holding Company. You should review the Privacy and Security policies of any third-party website before you provide personal or confidential information.