For the fifth year in a row, TD Bank Group (TD) was recognized by the Business Intelligence Group (BIG) through the 2026 BIG Innovation Awards. The Big Innovation Awards honor individuals, teams, and organizations that paved the way for new products, services, and experiences.
TD was recognized for three 2026 BIG Innovation Awards:
- Maksims Volkovs, SVP and Chief AI Scientist, Layer 6 AI at TD: Recognized for his track record of driving innovation, Volkovs has dedicated his work to building powerful, scalable, and trustworthy AI models. He has overseen nearly 100 AI use cases, launched cutting-edge technology, including TD AI Prism, TD’s predictive foundation model, and filed over 150 patents. The AI scientist continues to balance cutting-edge research with practical deployment, pushing the boundaries of the technology while helping to shape the future of AI at TD.
Kirsti Racine, Vice President, AI Technology Lead, TD AI Platform (TAP) Team: The driving force behind democratizing AI at the bank is building secure, reusable frameworks that enable the delivery of advanced capabilities to be scalable, fast, and safe. TAP has reduced time-to-market for certain capabilities by up to 85% and has deployed AI solutions, including generative AI virtual assistants, to 40,000 colleagues and counting.
- TD Enterprise Colleague Onboarding Program: Co-created with colleagues, anchored in curiosity, and fueled by a human-centric process, the program unites teams and simplifies access to resources. Throughout the Enterprise Colleague Onboarding Program, real-time colleague feedback is collected at 7, 30, 90, and 180 days to help drive meaningful, personalized improvements and provide on-demand support. The result: simplified access, purposeful learning, and a culture that inspires collaboration and innovation.
“This recognition speaks to the people behind the work. From the teams who reimagined how we onboard colleagues to the leaders building platforms that enable innovation at scale, these awards reflect a culture where people are empowered to solve real problems and deliver meaningful impact. I’m proud of the leaders and teams who bring that mindset to life across TD,” TD Bank Group Head and Chief Operating Officer Taylan Turan said in a statement.
These innovations are part of TD Invent, TD Bank’s strategic, bank-wide umbrella effort to power purposeful innovation.
Innovation Challenge and Awards
Interns at TD recently participated in the TD Innovation Challenge, working in teams to develop solutions to real-world opportunity statements. They explored financial solutions to help Gen Z clients balance short-term enjoyment with long-term financial security. In a friendly competition, top ideas were selected for a final pitch to a panel of judges.
The Business Intelligence Group (BIG) is a global recognition program honoring companies, products, and leaders who are transforming industries through applied innovation, intelligent platforms, and measurable real-world impact, according to a press release.
159 Trailblazers Honored
BIG announced the 159 winners of the 2026 BIG Innovation Awards, each demonstrating how trailblazing organizations are reshaping markets across health and financial services, logistics, manufacturing, and enterprise technology.
“This year’s winners demonstrate that innovation has entered a new accountability era,” said Russ Fordyce, Chief Recognition Officer at the Business Intelligence Group.
“The 2026 winners are not celebrating experimentation for its own sake. They are operationalizing advanced analytics, automation, and intelligent systems with the discipline of balance sheets and clinical trials. They are not just riding the AI wave; they are architecting the operating models that will define the next decade of global business performance,” Fordyce added.
About TD Bank Group
The Toronto-Dominion Bank and its subsidiaries are collectively known as TD Bank Group (“TD” or the “Bank”). TD is the sixth largest bank in North America by assets and serves over 28.1 million clients in four key businesses operating in a number of locations in financial centres around the globe:
Canadian Personal and Commercial Banking, including TD Canada Trust and TD Auto Finance Canada; U.S. Retail, including TD Bank, America’s Most Convenient Bank®; TD Auto Finance U.S., and TD Wealth (U.S.); Wealth Management and Insurance, including TD Wealth (Canada), TD Direct Investing, and TD Insurance; and Wholesale Banking, including TD Securities and TD Cowen.
TD also ranks among North America’s leading digital banks, with more than 13 million active mobile users in Canada and the U.S. TD had $2.1 trillion in assets on Oct. 31, 2025. The Toronto-Dominion Bank trades under the symbol “TD” on the Toronto Stock Exchange and the New York Stock Exchange.
About Business Intelligence Group
The Business Intelligence Group was founded with the mission of recognizing true talent and superior performance in business. Unlike many recognition programs, these awards are evaluated by business leaders and practitioners who reward programs, products, and people that deliver real, quantifiable excellence rather than marketing narratives.