Datavault AI (NASDAQ: DVLT) has chosen Fiserv to serve as the exclusive embedded financial services and payments provider for its digital marketplaces and exchanges. Through Fiserv’s Embedded Finance platform, Datavault AI will integrate banking, payment and card programs into its ecosystem, supporting financial transactions across platforms including its planned NIL Exchange and patented Information Data Exchange(R).
The partnership is expected to provide athletes participating in Datavault AI’s NIL Exchange with payment wallets and debit cards to receive and manage name, image and likeness earnings, while buyers and sellers using the Information Data Exchange(R) will gain access to demand deposit accounts and card capabilities. The companies said the collaboration is designed to embed trusted financial infrastructure directly into Datavault AI’s marketplaces, streamlining commerce and expanding access to banking services for platform participants.
This announcement underscores the growing trend of non-financial companies integrating financial services directly into their platforms. By leveraging Fiserv’s expertise, Datavault AI aims to create a seamless user experience where transactions occur without leaving the marketplace. For athletes, this means instant access to NIL earnings through Fiserv-powered wallets and cards. For users of the Information Data Exchange, the integration facilitates secure payments for digital assets and data licensing.
Datavault AI’s platform serves multiple industries, including high-performance computing software licensing for sports & entertainment, events & venues, biotech, education, fintech, real estate, healthcare, energy and more. The Information Data Exchange enables Digital Twins and the licensing of name, image and likeness by securely attaching physical real-world objects to immutable metadata. The partnership with Fiserv is a strategic move to enhance the value proposition of these marketplaces by adding robust financial rails.
Fiserv, a global leader in financial services technology, brings its Embedded Finance platform to enable Datavault AI to offer banking-as-a-service. This includes not just payments but also account management and card issuance, all within Datavault AI’s ecosystem. The collaboration is expected to accelerate adoption of Datavault AI’s marketplaces by providing a trusted and familiar financial experience.
For more details, the full press release is available at https://ibn.fm/SquM9. Datavault AI is headquartered in Philadelphia, PA, and more information about the company can be found at https://dvlt.ai.
This development comes as the NIL market continues to expand, with athletes seeking efficient ways to manage their earnings. By embedding financial services, Datavault AI positions itself as a comprehensive platform for NIL transactions, potentially setting a standard for how digital marketplaces integrate banking. The partnership with Fiserv also highlights the increasing convergence of fintech and data marketplaces, where seamless financial transactions are critical to user retention and platform growth.
