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.
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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