Datavault AI Selects Fiserv for Embedded Banking and Payments

Datavault AI partners with Fiserv to integrate embedded financial services into its digital marketplaces, including the NIL Exchange and Information Data Exchange, providing payment wallets, debit cards, and banking capabilities for athletes and users.

Phoenix Metrowire Staff
Technology
Datavault AI Selects Fiserv for Embedded Banking and Payments

Datavault AI Inc. (NASDAQ: DVLT) has announced a strategic partnership with Fiserv (NASDAQ: FISV) to serve as the 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.

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 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.

Datavault AI is leading the way in AI-driven data experiences, valuation, and monetization of assets in the Web 3.0 environment. The company's cloud-based platform provides comprehensive solutions with a collaborative focus in its Acoustic Sciences and Data Sciences divisions. The Acoustic Sciences division features WiSA, ADIO, and Sumerian patented technologies and industry-first foundational spatial and multichannel wireless, high-definition sound transmission technologies with intellectual property covering audio timing, synchronization, and multi-channel interference cancellation. The Data Science division leverages the power of Web 3.0 and high-performance computing to provide solutions for experiential data perception, valuation, and secure monetization.

Datavault AI's platform serves multiple industries, including high-performance computing software licensing for sports and entertainment, events and 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, fostering responsible AI with integrity. The company's technology suite is fully customizable and offers AI- and machine-learning-based automation, third-party integration, detailed analytics and data, marketing automation, and advertising monitoring.

For more details, the full press release is available at https://ibn.fm/SquM9. Additional updates relating to DVLT can be found in the company's newsroom at https://ibn.fm/DVLT.

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