Datavault AI (NASDAQ: DVLT) has announced a strategic partnership with Fiserv, designating the global payments and financial technology leader as the exclusive embedded financial services and payments provider for Datavault AI's digital marketplaces and exchanges. Through Fiserv's Embedded Finance platform, Datavault AI will integrate banking, payment, and card programs directly into its ecosystem, supporting financial transactions across platforms including its planned NIL Exchange and patented Information Data Exchange(R).
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. Athletes participating in Datavault AI's NIL Exchange will receive payment wallets and debit cards to 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.
Datavault AI, which describes itself as a leader in AI-driven data experiences and monetization of assets in the Web 3.0 environment, operates through two divisions: Acoustic Sciences and Data Sciences. The Data Science division leverages Web 3.0 and high-performance computing to provide solutions for data perception, valuation, and secure monetization. The Information Data Exchange(R) enables Digital Twins and licensing of name, image, and likeness by attaching physical objects to immutable metadata.
The company serves multiple industries, including sports and entertainment, events and venues, biotech, education, fintech, real estate, healthcare and energy. The partnership with Fiserv is expected to enhance the financial functionality of these platforms, potentially attracting more users by offering integrated banking services. This move comes as the market for embedded finance continues to grow, with companies seeking to offer seamless financial services within their ecosystems.
By partnering with Fiserv, a global leader in payments and financial technology, Datavault AI aims to provide a secure and efficient way for participants to transact on its exchanges. The full press release is available at https://ibn.fm/SquM9. Datavault AI is headquartered in Philadelphia, PA, and more information can be found at https://dvlt.ai. The company's newsroom updates are available at https://ibn.fm/DVLT.
