TD Bank Launches Embedded Banking Integration with Workday

WDAY
March 12, 2026

TD Bank U.S. has launched an embedded banking integration with Workday, enabling U.S. business customers to view real‑time bank feeds directly within the Workday platform. The bank feed functionality was made available on March 10, 2026, and is already live for TD’s existing Workday customers.

The integration delivers near real‑time visibility into bank accounts and lays the groundwork for automated reconciliation and payment execution, which TD plans to roll out later in 2026. The move is part of TD’s broader strategy to embed financial services into the platforms its clients already use, reducing reliance on separate treasury management systems.

TD’s embedded banking offering follows a series of similar integrations with QuickBooks, Microsoft Dynamics, NetSuite and Sage Intacct, and positions the bank as one of the first U.S. institutions to deliver bank feeds directly in Workday. PNC Bank has a comparable integration through Koxa Corp., underscoring the growing competitive pressure in the embedded finance space.

Workday benefits from the partnership by expanding its value proposition beyond human capital and finance management into treasury operations. The added capability is expected to drive additional subscription and professional services revenue as customers seek a unified platform for people, money and banking.

"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," said Paul Margarites, Head of Digital Channels, Transaction Banking, TD Securities.

"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," added Tom Gregory, Head of Treasury Management, Merchant and Government Banking, TD Bank U.S.

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