TD Waterhouse Discount Brokerage launches voice biometric identification

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TD Waterhouse Discount Brokerage, a division of TD Waterhouse Canada Inc., and Canada’s largest discount broker, has launched a new telephone voice identification system, making it the first discount brokerage firm in Canada to use the leading-edge biometric technology.

Biometric technology uses a person’s unique characteristics, for instance, fingerprint, facial features or retinal patterns to verify their identity. The TD Waterhouse Voice Print System allows clients to create a unique voiceprint, which is converted into a mathematical representation of their voice, then stored on file and used to verify their identity. Recording the voiceprint takes only a couple of minutes.

“In fast moving markets, clients want speed and security, and TD Waterhouse Voice Print System offers both,” said John See, President, TD Waterhouse Discount Brokerage. “Already the industry leader, TD Waterhouse Discount Brokerage is committed to continuing to enhance the client experience.”

In addition to offering among the most competitive rates in the marketplace, TD Waterhouse Discount Brokerage provides self-directed investors with leading-edge research, data, and support in order to make the most of their online investing experience. Clients also have access to wealth planning tools, specialized trading platforms, and to education at Investor Centres across Canada. TD Waterhouse Discount Brokerage is also is the only discount brokerage in Canada with dedicated investment representatives available 24/7, providing service in English, French, Cantonese and Mandarin.

About TD Bank Financial Group

The Toronto-Dominion Bank and its subsidiaries are collectively known as TD Bank Financial Group. TD Bank Financial Group is the seventh largest bank in North America by branches and serves approximately 17 million customers in four key businesses operating in a number of locations in key financial centres around the globe: Canadian Personal and Commercial Banking, including TD Canada Trust; Wealth Management, including TD Waterhouse and an investment in TD Ameritrade; U.S. Personal and Commercial Banking through TD Banknorth and Commerce; and Wholesale Banking, including TD Securities. TD Bank Financial Group also ranks among the world’s leading on-line financial services firms, with more than 5.5 million on-line customers. TD Bank Financial Group had CDN$503.6 billion in assets as of April 30, 2008. The Toronto-Dominion Bank trades on the Toronto and New York Stock Exchanges under the symbol “TD”, as well as on the Tokyo Stock Exchange.

SOURCE: TD Waterhouse Group, Inc.

SOURCE: TD Bank Financial Group

Barbara Timmins, TD Bank Financial Group, (416) 307-6498

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