TORONTO, Dec. 15, 2021 /CNW/ - Scotiabank announces its
partnership with Intuit, the global technology platform that makes
TurboTax, QuickBooks, Mint, Credit Karma, and Mailchimp, to provide
Canadian customers the ability to share their banking information
confidently and easily. Shared customers across Scotiabank and
Intuit, including QuickBooks, Mint, and TurboTax, will be
given greater control of their financial data, saving time with an
improved digital experience, and enhanced data protection.
"Our customers are looking to simplify their business processes,
and we are committed to building the digital tools needed to help
them focus on operating their business in a seamless and optimized
way," said Jason Charlebois, Senior
Vice President of Small Business, Scotiabank. "This partnership
with Intuit is foundational for future collaboration that will
accelerate segment leading digital experiences for our mutual
customers."
Scotiabank will use Application Programming Interface (API)
technology to securely transfer financial data to Intuit products
after obtaining customer consent, simplifying the process, and
enhancing the customer experience. This scalable functionality will
lay the groundwork for future digital service enhancements for
consumers and businesses.
"We are always focused on helping consumers and small businesses
overcome their most important financial challenges. This means
eliminating work and saving people time so they can focus on what
matters most," said Rajneesh Gupta,
Global Vice President of Strategic Enterprise Partnerships at
Intuit. "We are excited to partner with Scotiabank to implement an
API-based technology structure that helps our shared customers
manage their financial data."
About Scotiabank
Scotiabank is a leading bank in the Americas. Guided by our
purpose: "for every future" we help our customers, their families
and their communities achieve success through a broad range of
advice, products and services, including personal and commercial
banking, wealth management and private banking, corporate and
investment banking, and capital markets. With a team of over 90,000
employees and assets of approximately $1.2 trillion (as
of October 31, 2021), Scotiabank trades on the Toronto Stock
Exchange (TSX: BNS) and New York Stock Exchange (NYSE: BNS). For
more information, please
visit http://www.scotiabank.com and follow us on Twitter
@ScotiabankViews.
About Intuit
Intuit is the global technology platform
that helps consumers and small businesses overcome their most
important financial challenges. Serving more than 100 million
customers worldwide with TurboTax, QuickBooks, Mint, Credit Karma,
and Mailchimp, we believe that everyone should have the opportunity
to prosper. We never stop working to find new, innovative ways to
make that possible. Please visit us for the latest information
about Intuit, our products and services, and find us on social.
SOURCE Scotiabank