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. 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 is significant as it marks a strategic move by Datavault AI to enhance its Web 3.0 platform with robust financial services, potentially increasing user adoption and transaction volume. By leveraging Fiserv’s established infrastructure, Datavault AI can offer secure and seamless payment experiences, which is critical for the success of its planned NIL Exchange. The NIL Exchange aims to help athletes monetize their name, image and likeness, a rapidly growing market following regulatory changes in college athletics. The integration of embedded finance could give Datavault AI a competitive edge by simplifying how athletes receive and manage their earnings.
For Fiserv, this partnership represents an opportunity to expand its embedded finance footprint into the sports and digital marketplace sectors. The collaboration could also pave the way for future integrations as Datavault AI continues to develop its platform, which includes high-performance computing software licensing and AI-driven data solutions. The Information Data Exchange(R) 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.
Datavault AI’s platform serves multiple industries, including sports & entertainment, events & venues, biotech, education, fintech, real estate, healthcare, and energy. The company is headquartered in Philadelphia, PA. More information about Datavault AI is available at https://dvlt.ai. The full press release can be viewed at https://ibn.fm/SquM9.
