Xero secures bank feeds for North American market

Company makes further move into US and Canada

Xero has announced that bank feeds are now available for its hosted accounting software in the US and Canada.

In a statement to the NZX this morning, Xero says feeds from more than 2000 banks in North America are now operational.

Xero has been targeting the North American market in recent months.

According to the statement, “Bank feeds allow bank statement data to appear seamlessly inside the accounting solution.”

The feeds give business owners a real-time view of their business performance and cashflow, Xero says.

Xero’s North American bank feeds are provided by Yodlee, a US-based online banking specialist.

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