Datavault AI Selects Fiserv for Embedded Banking and Payments Across Digital Marketplaces

Datavault AI partners with Fiserv to integrate banking, payment, and card programs into its digital marketplaces, including the planned NIL Exchange and Information Data Exchange, streamlining financial transactions for athletes and platform users.

Houston Metrowire Staff
Technology
Datavault AI Selects Fiserv for Embedded Banking and Payments Across Digital Marketplaces

Datavault AI Inc. (NASDAQ: DVLT) has selected Fiserv (NASDAQ: FISV) as its exclusive embedded financial services and payments provider for the company’s 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 move highlights the growing trend of fintech integration in niche marketplaces, particularly those focused on digital assets and intellectual property. By leveraging Fiserv’s established financial infrastructure, Datavault AI aims to enhance user experience and trust, potentially accelerating adoption of its platforms. The NIL Exchange, in particular, addresses the nascent market for athlete name, image, and likeness rights, providing a structured financial ecosystem for transactions that have traditionally been fragmented.

Datavault AI, headquartered in Philadelphia, is known for its AI-driven data experiences and asset monetization in Web 3.0. Its cloud-based platform spans Acoustic Sciences and Data Sciences divisions, with technologies including WiSA(R), ADIO(R), and Sumerian(R) for spatial audio, and the Information Data Exchange for attaching physical objects to immutable metadata. The company serves industries such as sports, entertainment, biotech, and real estate.

The full press release is available at https://ibn.fm/SquM9. For more information on Datavault AI, visit https://dvlt.ai. Latest news and updates are available at the company’s newsroom: https://ibn.fm/DVLT.

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