Fiserv to provide embedded banking for Datavault AI's NIL Exchange

Fiserv, Inc. (NASDAQ: FISV) announced it will serve as the exclusive embedded financial services and payments provider for Datavault AI, Inc. (NASDAQ: DVLT), according to a press release issued July 21, 2026.

Under the agreement, Fiserv will embed banking, payments, and card programs into Datavault AI-powered marketplaces and exchanges through its Embedded Finance platform. The arrangement includes support for Datavault AI's planned NIL Exchange, a digital marketplace designed to allow high school and college athletes to monetize their name, image, and likeness where permitted by applicable rules and law.

Fiserv will enable payment wallets and associated debit cards for athletes participating in the NIL Exchange, providing a no-cost way to receive, manage, and access funds earned through sponsor relationships. Datavault AI said it plans to work with universities and other agencies to place athletes in the marketplace to receive NIL payments from sponsors.

Fiserv will also support Datavault AI's Information Data Exchange, a patented platform for buying and selling data assets, by enabling demand deposit accounts and card capabilities for buyers and sellers on that exchange.

"Embedding financial services directly into our exchanges connects commerce and payment in a single environment," said Nathaniel T. Bradley, CEO of Datavault AI. "Athletes on our NIL Exchange are expected to gain a simple, no-cost way to receive and manage their NIL earnings."

Sunil Sachdev, Head of Embedded Finance and Digital Assets at Fiserv, said the arrangement will give participants "simpler access to banking and payments while helping Datavault AI deliver more value and deepen customer relationships."

Datavault AI is headquartered in Philadelphia, Pennsylvania. Fiserv is headquartered in Milwaukee, Wisconsin.

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