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TD Bank uses 80% rule to evaluate platform upgrades

Platforms stay in place until they push the limits, head of U.S. small business digital channels says

Whitney McDonaldbyWhitney McDonald
June 5, 2023
in Banking
Reading Time: 1 min read
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TD Bank’s small business ops look to speed of operations, reusability, ability to update and cost to upgrade when determining when it’s time to modernize. If a bank platform is achieving at least 80% of what TD wants it to do, it probably isn’t time to replace the system, Alyson Karow, head of U.S. small […]

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