Toronto-Dominion Bank had 58 patents in cybersecurity during Q1 2024. The Toronto-Dominion Bank has filed patents for computing platforms that provide third party access to co-branded products, a method for managing data record operations and access channels, a system using a distributed notarized ledger to update reference data, a method for managing electronic document approvals through computing devices, and a method for generating product recommendations based on social media data and personal preferences. GlobalData’s report on Toronto-Dominion Bank gives a 360-degree view of the company including its patenting strategy. Buy the report here.
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Toronto-Dominion Bank grant share with cybersecurity as a theme is 68% in Q1 2024. Grant share is based on the ratio of number of grants to total number of patents.
Recent Patents
Application: System and method for providing third party access to a system (Patent ID: US20240104249A1)
The patent filed by The Toronto-Dominion Bank describes a system that allows third-party access to a co-branded product through a user registration process. The system receives registration information of a user from a second entity, validates it based on a record associating the user with the co-branded product, and initiates a new user session providing access to the product upon successful validation. The system also includes features such as a co-branded user interface, verification of registration information, authentication of login information, and the ability to modify configuration parameters associated with the product.
Overall, the patent outlines a method and apparatus for facilitating user access to a co-branded product provided jointly by two entities. The system ensures secure validation and authentication processes, unique user interfaces, and the ability to manage and customize the co-branded product experience. Additionally, the patent specifies that the co-branded product can be a financial product within an online banking service, highlighting the potential applications of the system in the financial industry for enhancing user access and experience.
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GlobalData, the leading provider of industry intelligence, provided the underlying data, research, and analysis used to produce this article.
GlobalData Patent Analytics tracks bibliographic data, legal events data, point in time patent ownerships, and backward and forward citations from global patenting offices. Textual analysis and official patent classifications are used to group patents into key thematic areas and link them to specific companies across the world’s largest industries.
