ASB and Xero form innovation alliance

ASB

 

UPDATED with 2nd ASB video below.

ASB is New Zealand’s most tech savvy bank. ASB were the first bank in the world to support ‘automagic’ bank feeds into Xero. Their leadership has transformed accounting software globally, with bank feeds now an expected feature in all small business accounting software.

ASB has watched us grow and been very supportive as we achieved scale. Today ASB  announced a Technology Innovation Alliance with Xero.

Under the partnership ASB has allocated significant internal funding to develop new features that will make the connection between banking and accounting more seamless. Together we believe we will demonstrate the next wave of integrated banking services. As the partnership progresses we’ll see a number of marketing initiatives that will increase end user awareness to benefit the entire Xero ecosystem.

They’re a good bunch those folk at ASB and delivered this little gem after my keynote at Xerocon

UPDATE: ASB have blogged about the partnership and released this video from ASB Executive General Manger Commercial, Steve Jurkovich:

7 Comments

Gayle Buchanan
February 25, 2013 at 11:49 am

Stunning stand at Xerocon, lovely people and the chocolate fish were a huge hit! Brian’s reference for RD was cute in the video

Cassandra Scott
February 25, 2013 at 12:14 pm

Congrats and well done – look forward to hearing more about this. Now, if we could only get some of the Aussie banks heading down this path………..!

Robbie Dellow
February 25, 2013 at 12:18 pm

Agree Rod. ASB is indeed NZ’s most tech savvy bank and good they are developing this with Xero.
I moved back to NZ 2 months ago and set up a brokerage account with them. Best platform I have used too. Congratulations all round.

Dubai web design
February 25, 2013 at 6:33 pm

Hey awesome video, chocolate fish and good people are good idea. Keep it up.

James
February 26, 2013 at 1:59 pm

Awesome. Would be great if we didn’t have to log in to internet banking to make payments and this could all be done from within Xero. That’s my biggest pain point at the moment. I’m sure ASB would pick up a lot of new business customers if this could be done…

Brandon
February 27, 2013 at 11:06 am

I’m with James on this one. i bank with ANZ in AUS, they are pro Xero – surely with a bit of arm twisting paying accounts from Xero will become a realitiy!

David Hillary
April 16, 2013 at 4:53 pm

It would be nice if their foreign currency accounts had xero bank feeds too.

Leave a Reply

Your email address will not be published. Required fields are marked *

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong>

Multi-currency and creating a global accounting platform

Sleeter Report’s Greg Lam recently complimented us on our implementation on multi-currency. We’re thrilled Greg noticed. We believe that your accounting solution needs to be global. Opportunities are no longer limited by borders. To function well in a global marketplace, accountants and bookkeepers need resources. Real-time exchange rates help to understand currency exposure risks for fast, informed, decision ...

Xero is going global in Hong Kong

I recently attended the RISE Conference in Hong Kong with Rod Drury and Victoria Crone. This was a twofold trip for us, make inroads into Hong Kong for Xero and meet with a group of inspired startups at RISE. The big theme at this year’s RISE Conference was globalization. The fact that the conference, which is ...