Commonwealth released key insights gleaned from a three-year project supported by JPMorgan Chase designed to achieve the promise of artificial intelligence for all by focusing on ensuring that the needs of households earning low to moderate incomes (LMI) are understood and integrated into financial design and implementations.

The 2022 holidays marked another positive season for retail, with consumers continuing to prioritize experiences over physical goods. U.S. retail sales (excluding automotive) increased by 7.6% YOY, according to Mastercard SpendingPulse™. Mastercard SpendingPulse measures in-store and online retail sales across all forms of payment and is not adjusted for inflation. But what should retailers be considering as we move ahead in this uncertain economic climate?

Money20/20, the world’s leading fintech show and the place where money does business, has unveiled six startups that are poised to transform the world of money.

Fibe, India’s leading Fintech, has raised USD 90 million in a Series E round led by TR Capital, Trifecta Capital and Amara Partners. Its existing investors TPG Rise Fund, Norwest Venture Partners, Eight Roads Ventures and Chiratae Ventures also participated in the round which included both primary and secondary transactions.

payabl., one of Europe’s leading PayTech companies, today reveals that instant payments is the top revenue growth driver in the payments sector, ahead of digital wallets, reward schemes, fraud and risk management and rising interest rates. Overall sentiment revealed clear excitement about the future of the industry despite regulation being perceived as one of the biggest challenges impacting growth and innovation in the global payments sector.

 Nium, the global leader in real-time cross-border payments, today announced a partnership with BS2, a digital bank in Brazil specializing in fintech solutions for businesses. BS2 will use Nium's Global FX product to lower FX costs and provide more real-time payouts between Brazil and popular trading corridors with China and the UAE.

Trulioo, an industry-leading identity platform with proven global coverage for person and business verification, today announced a partnership with BDSwiss for Person Match and Watchlist Screening capabilities across EMEA, Asia and the Americas.