|By Business Wire
|March 19, 2014 05:25 PM EDT
The revised quotation in the fourth paragraph of release dated March 18,
2014, should be attributed to Rizwan Khalfan. The About TD Bank,
America's Most Convenient Bank® boilerplate is revised.
The corrected release reads:
TD BANK ENHANCES ONLINE MONEY MOVEMENT SERVICES WITH ADDITION OF
POPMONEY AND TRANSFERNOW FROM FISERV
New services make person-to-person payments and account-to-account
transfers more convenient for TD Bank online banking customers
Popmoney enables customers to send money to or receive money from
family, friends and others directly from their eligible TD Bank account
Customers can easily and securely transfer money to or from their own
non-TD Bank accounts with TransferNow
Inc. (NASDAQ: FISV), a leading global provider of financial services
technology solutions, today announced that TD
Bank, America's Most Convenient Bank®, has expanded their
online money movement options through the addition of the Popmoney®
personal payment service and TransferNow® online funds
transfer service. TD Bank online banking customers now have more ways to
easily and securely send, receive and transfer money directly from their
Popmoney enables customers to send money to almost anyone they know or
owe using the recipient’s name and email address or mobile phone number,
eliminating the hassles of cash or checks. Customers can also request
and receive money directly into their TD Bank accounts. TransferNow
offers customers a way to transfer funds to or from their own non-TD
Bank accounts, making overall funds management easier by eliminating
extra steps involved in withdrawing and depositing money at different
Person-to-person payments and transfers are available to and from
U.S.-based bank accounts. Both services are part of the Fiserv suite of
digital money movement solutions, which also includes the CheckFree®
RXP® bill payment service utilized by the bank.
“Giving our customers the services they need and want is an integral
part of TD’s commitment to providing legendary banking experiences,”
said Rizwan Khalfan, senior vice president, Digital Channels, TD Bank
Group. “Popmoney and TransferNow allow our customers to move money
conveniently and securely, which makes their financial lives easier.”
According to the 2013 Fiserv “How
People Pay Each Other” survey, 60 percent of U.S. consumers with
Internet access make a payment at least once a month using a laptop or
desktop computer, and 79 percent said they would be open to using a
person-to-person payment service from their bank.
“When it comes to sending and receiving money, consumers naturally turn
to their bank,” said Tom Allanson, division president, Electronic
Payments, Fiserv. “Fiserv offers a complete suite of money movement
options designed to integrate with a bank’s digital channels. With the
addition of Popmoney and TransferNow TD Bank is stepping up to meet
growing consumer demand for these capabilities, which complement
increasingly connected consumer lifestyles.”
In addition to Popmoney, TransferNow and CheckFree RXP, TD Bank also
uses Corillian® Online from Fiserv for online banking.
*Terms and Conditions Apply. Popmoney® personal payment
services offered at Popmoney.com are provided by or through CheckFreePay
Corporation, a licensed money transmitter, and/or its affiliate
CheckFreePay Corporation of New York, which is licensed and regulated as
a Money Transmitter by the New York State Department of Financial
Services, each of wholly owned subsidiary of Fiserv, Inc.
About TD Bank, America's Most Convenient Bank®
TD Bank, America's Most Convenient Bank, is one of the 10 largest banks
in the U.S., providing more than 8 million customers with a full range
of retail, small business and commercial banking products and services
at approximately 1,300 convenient locations throughout the Northeast,
Mid-Atlantic, Metro D.C., the Carolinas and Florida. In addition, TD
Bank and its subsidiaries offer customized private banking and wealth
management services through TD Wealth®, and vehicle financing
and dealer commercial services through TD Auto Finance. TD Bank is
headquartered in Cherry Hill, N.J. To learn more, visit www.tdbank.com.
Find TD Bank on Facebook at www.facebook.com/TDBank
and on Twitter at www.twitter.com/TDBank_US.
TD Bank, America's Most Convenient Bank, is a member of TD Bank Group
and a subsidiary of The Toronto-Dominion Bank of Toronto, Canada, a top
10 financial services company in North America. The Toronto-Dominion
Bank trades on the New York and Toronto stock exchanges under the ticker
symbol "TD". To learn more, visit www.td.com.
Fiserv, Inc. (NASDAQ: FISV) is a leading global technology provider
serving the financial services industry, driving innovation in payments,
processing services, risk and compliance, customer and channel
management, and business insights and optimization. For more
information, visit www.fiserv.com.
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