ASB and Xero form innovation alliance

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:
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7 comments
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………..!
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.
Hey awesome video, chocolate fish and good people are good idea. Keep it up.
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…
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!
It would be nice if their foreign currency accounts had xero bank feeds too.
Stunning stand at Xerocon, lovely people and the chocolate fish were a huge hit! Brian’s reference for RD was cute in the video