"We are excited to see TD Auto Finance bringing real-time payments to its dealer customers through the RTP network,” said Steve Ledford, Senior Vice President of Product Development at The Clearing House. Since connecting to the TCH network in November 2019, TD has experienced a substantial increase in demand for real-time payments, and as an owner bank of The Clearing House, will continue to invest in this capability to deliver a legendary experience across our customer base. The launch of real-time payments to TD Auto Finance dealers represents a significant milestone in TD Bank's overall commitment to deliver this technology to our commercial and retail customers. The nationwide rollout is currently underway and will be available in phases over the coming weeks to dealers whose banks are live on the RTP® network, the real-time payment system from The Clearing House. TD Auto Finance first introduced real-time payments in October 2021 to a pilot group of dealers. "We’re proud to be the first major auto lender to introduce this capability for dealers and we believe our focus on driving payments innovation is critical to deepening our dealer relationships.” Our goal with real-time payments is to make life easier for dealers by eliminating the need to wait for payments overnight and giving them maximum confidence in their cash position and ability to operate their business," said Andrew Stuart, President and CEO of TD Auto Finance. “We understand how important cashflow is to dealers. This provides dealers with improved cash flow management and greater visibility into their financial position. With real-time payments, TD Auto Finance can fund dealers as contracts are booked throughout the day, rather than sending batch payments overnight via ACH. – Ma– TD Bank, America's Most Convenient Bank ®, today announced that TD Auto Finance has launched real-time payments for its network of dealers, becoming the first indirect auto lender to roll out the ability to send real-time payments nationwide. Must be eligible for employment under regulatory standards applicable to the position.Cherry Hill, N.J.Provides superior customer service while building professional rapport with clients to sustain acceptable cashing ratios and a balanced portfolio mixĮnsures compliance to all corporate standards, processes and procedures outlined in the Credit Policy Manual and set forth by managementĮxecutes client level strategies as outlined by managementĪssists clients and the funding department in any contract problems and funding issues that may occurĮngages in appropriate credit training, personnel development and coaching exercises as designated by management Performs detailed verification and documentation for all applications that meet the approval criteria Performs in-depth analysis, investigation and decisioning on retail and lease credit applications based on the company risk policy and 4 Cs of credit and then educate and communicate decisions to appropriate dealers and business clients To learn more, visit We offer a competitive salary and benefit program, including: comprehensive, affordable health care through medical, dental, and vision coverage financial security with life and disability insurance opportunities to save using health savings and flexible spending accounts retirement benefits to help prepare for the future paid time off and work/life benefits to maintain a good balance. The Toronto-Dominion Bank trades on the New York and Toronto stock exchanges under the ticker symbol "TD". To learn more, visit Find TD Bank on Facebook at and on Twitter at and 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. TD Bank is headquartered in Cherry Hill, N.J. TD Bank and its subsidiaries also offer customized private banking and wealth management services through TD Wealth®. In addition, TD Auto Finance, a division of TD Bank, N.A., offers vehicle financing and dealer commercial services. TD Bank, America's Most Convenient Bank, is one of the 10 largest banks in the U.S., providing over 9.8 million customers with a full range of retail, small business and commercial banking products and services at more than 1,100 convenient locations throughout the Northeast, Mid-Atlantic, Metro D.C., the Carolinas and Florida. About TD Bank, America's Most Convenient Bank®
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