Xero now supports over 5000 bank feeds
In these uncertain economic times, it’s more important than ever to be in control of your business finances. Being able to monitor in real-time, the flow of cash coming in and out of your business, allows you to make smart decisions quickly and gives you a huge competitive advantage.
In today’s release we’ve added more than 1500 additional automated bank feeds so more of you can easily keep your finger on the pulse. This completes our business integration with Yodlee and means we now support more than 5000 automated bank feeds across the world. New banks include:
- Suncorp Metway and Bendigo Bank – Australia
- Barclays and Lloyds TSB Business – United Kingdom
- Wells Fargo – United States
The latest bank feeds to be added are those that require more than your username and password to access them – often referred to as multi-factor authentication (MFA). For example, some banks ask for an additional security key or the answer to a personalized secret question or get you to enter the text displayed in a CAPTCHA image.
To see whether your bank is now supported, add a new bank account (or edit an existing one) and enter the name of your bank from the available list.
And if your bank still isn’t supported let us know so we can monitor demand and work with Yodlee to have it added.
Here’s some of the other things we’ve been working on and which are now available.
- US version of Xero
- US Partner Edition
- Report Packs (for NZ customers initially but will be added in other regions)
- Partner Edition – managing staff access to organisations
- New add-on for Highrise
- And more…
For more detail about this release see our release notes.
We’ll be posting more details about the US version and Report Packs, so stay tuned.
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