Xero can’t be easily cloned with AI, says Singh Cassidy

Xero can’t be easily cloned with AI, says Singh Cassidy

The chief executive says Xero’s troves of data, banking and payments infrastructure insulate its accounting software from the threat of artificial intelligence.

Xero Plunges Amid Tech Stock Sell-Off

Shares in dual-listed New Zealand group Xero experienced a sharp decline, plummeting 14 per cent to a three-year low. This drop occurred amidst a broad sell-off of technology stocks, triggered by investor apprehension that artificial intelligence could pose a competitive threat to software companies. Xero is a cloud-based accounting software platform for small businesses. It provides tools for managing invoicing, bank reconciliation, bookkeeping…

Why Platforms Matter More Than Models in Deploying AI for Payments

Artificial intelligence has arrived in payments. Big Tech players are embedding AI into authentication, personalisation, cashierless checkout and conversational commerce. Lately, Amazon attributed its 35% profit surge to its AI investments in payments and checkout. Fintechs are also experimenting aggressively with agentic AI, real-time recommendations, and automated customer service. bunq’s AI assistant “Finn”, part of Europe’s first AI-powered …

Xero share price jumps on AI push and fresh US payments numbers — here’s what investors watch next

Sydney, February 3, 2026, 16:55 AEDT — After-hours Xero shares closed up 2.57% at A$96.10 on Tuesday, following an investor briefing where the cloud accounting firm outlined its AI strategy and plans for its U.S. payments business. Throughout the session, the stock fluctuated between A$93.19 and A$97.50. (Investing.com) The update arrives at a tricky time for investors. Xero’s share price hovers near the low point of its 52-week range, with the …

Xero Unveils AI Agent Roadmap, Eyes $29B U.S. Payments TAM After Melio Deal

Xero (ASX:XRO) used an investor briefing to outline its artificial intelligence strategy and provide additional detail on the company’s U.S. payments opportunity following its acquisition of Melio. Executives emphasized what they described as a foundation of “continued, consistent, high-quality growth and profitability,” and said that discipline has created capacity for new investments in AI and […]