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Starting this year, Plaid will provide Xero’s bank of US feed sources with an increasing number of parts, thus providing customers with a more reliable connection to their financial data.
For many small businesses, it is crucial to get a community-centric financial provider given banks and credit unions across the country. Through the new partnership, Xero will significantly improve access to these business owners to reliable bank connections, giving them a clearer, more real-time financial view that should help them make smarter decisions to support the growth, employees and communities they serve.
This partnership provides Xero customers with access to more than a thousand secure direct connections over Plaid’s extensive network American financial institutionsbringing improved reliability, data quality and mentality to small businesses.
“This partnership with Grid is expected to enhance bank connections,” Vikram GroverXero’s SVP Global Partnership. “It will provide stronger integration and higher quality information, including a variety of financial institutions, including smaller banks and credit unions. This will make managing financial management smoother, more precise and successful, and save valuable time for small business owners, accountants, accountants and hikers.”
Xero will continue to invest in more reliable direct bank feeds, making significant improvements through the connections established directly with the banking system using security tokens. Xero will actively migrate customers to guide bank feeds provided through grids, thus ensuring a more stable financial flow.
“We are excited to partner with Xero to provide top-notch financial data connectivity for small American businesses.” Adam Yoxtheimerhead of Grid Partnership. “By combining Plaid’s secure direct bank feed with Xero’s powerful accounting platform, we will provide our customers with faster and more reliable access to their financial information and free them up time to focus on what really matters: growing their business.”
Starting from the end of 2025, new lattice bank feed options for U.S. customers will begin to use, with a phased launch designed to ensure a smooth and well-managed experience. This will include the introduction of new feeds and some existing transitions to enhanced services.
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