Datavault AI (NASDAQ: DVLT) Selects Fiserv for Embedded Banking and Payments

Datavault AI (NASDAQ: DVLT) announced that Fiserv (NASDAQ: FISV) will 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(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.

To view the full press release, visit https://ibn.fm/SquM9

About Datavault AI Inc.

Datavault AI(TM) 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.

At a glance

Company: Datavault AI
Ticker: NASDAQ: DVLT
Announcement: Partnership
Location: Philadelphia, PA

Products and programs

Embedded Finance platform
NIL Exchange
Information Data Exchange
Payment wallets
Debit cards

Datavault AI’s Acoustic Sciences division features WiSA(R), ADIO(R) and Sumerian(R) 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 & entertainment, events & venues, biotech, education, fintech, real estate, healthcare, energy and more. 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. 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.

The company is headquartered in Philadelphia, PA. Learn more about Datavault AI at https://dvlt.ai.

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In brief

Datavault AI says Fiserv will be the exclusive embedded financial services and payments provider for its digital marketplaces and exchanges. The companies plan to integrate banking, payment and card services through Fiserv’s Embedded Finance platform. Datavault AI expects athletes using its planned NIL Exchange to have payment wallets and debit cards for receiving and managing name, image and likeness earnings. Participants in the Information Data Exchange are expected to get access to demand deposit accounts and card services. The companies describe the collaboration as a way to place financial infrastructure within Datavault AI’s platforms and broaden participants’ access to banking services. Datavault AI is headquartered in Philadelphia and operates in data sciences and acoustic sciences.

Key takeaways

Fiserv will be Datavault AI’s exclusive embedded financial services and payments provider for its marketplaces and exchanges.
The planned NIL Exchange is expected to offer participating athletes payment wallets and debit cards.
Information Data Exchange users are expected to gain access to deposit accounts and card capabilities.
The companies plan to integrate services through Fiserv’s Embedded Finance platform.

SEC filings

Earlier from Datavault AI Inc.

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