TD has added a direct integration with Workday to its embedded banking platform, allowing U.S. business clients to access banking services inside the Workday ecosystem. The move, announced on March 10 2026, builds on TD’s existing embedded‑finance offerings that already support QuickBooks, Microsoft Dynamics, NetSuite and Sage Intacct.
The integration gives clients the ability to process payments, reconcile accounts and automate accounting tasks directly within Workday, reducing manual work and providing near real‑time financial visibility. TD estimates the new capabilities could cut the time spent on these tasks by as much as 90% without the need for costly systems or IT programs.
TD’s embedded‑finance strategy has been driven by a partnership with FISPAN, a recurring collaboration that has enabled the bank to embed banking into multiple enterprise platforms. By becoming one of the first U.S. banks to embed banking directly into Workday, TD is positioning itself at the forefront of the growing embedded‑finance trend, which is reshaping how businesses manage cash, payments and treasury.
Paul Margarites, Head of Digital Channels, Transaction Banking, TD Securities, said, "With this direct integration, we are setting a new standard for operational discipline and efficiency in banking. Collaborating with industry‑leaders like FISPAN and Workday allows us to continue innovating while delivering new benefits to our shared clients. We plan to roll out enhanced capabilities later this year to enable our clients to make payments, reconcile their bank accounts and automate accounting tasks, aiming to reduce their time spent on these tasks by as much as 90% without the need for costly systems or IT programs." Tom Gregory, Head of Treasury Management, Merchant and Government Banking, TD Bank U.S., added, "As the payments ecosystem evolves, our clients expect seamless solutions that help them operate with greater speed, efficiency and precision. Embedded banking capabilities save our clients precious time, with fewer portals and less manual work, ensuring they maintain near real‑time financial visibility and confident execution within the platforms they already use."
The integration strengthens TD’s competitive position in the embedded‑finance market and sets the stage for future enhancements, including payment initiation and deeper automation of accounting processes later in 2026.
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