Xero announced a strategic partnership with Plaid, a financial data network, to eventually triple the number of high-quality bank feeds available to customers in the United States. This partnership will significantly improve these business owners’ access to reliable bank connections, giving them a clearer, real-time view of their finances which, in turn, will empower them to make more informed decisions, supporting their growth, their employees, and the communities they serve. This partnership gives Xero’s customers access to more than a thousand secure, direct connections through Plaid’s expansive network of US financial institutions, delivering better reliability, data quality, and peace of mind for small businesses. Starting this year, Plaid will power an increasing portion of Xero’s US bank feed sources, offering customers more dependable connections to their financial data. “This partnership with Plaid is expected to supercharge bank connections. It will provide more robust integrations and higher-quality information from a wide range of financial institutions including smaller banks and credit unions. This will in turn make managing the finances a lot smoother, more precise and successful, as well as save valuable time for small business owners, accountants and bookkeepers,” said Vikram Grover, SVP Global Partnerships for Xero.