Bakkt, Fiserv Partner on Cryptocurrencies

Fiserv, Inc., a leading global provider of payment and financial services technology solutions. (NASDAQ: FISV) today announced a strategic relationship with Bakkt (NYSE: BKKT), a trusted digital asset platform that consumers can buy, sell, send and send. Use various digital assets.

The combination of Fiserv’s extensions, including the ability to move funds in and out of mobile wallets, and Bakkt’s digital asset platform will enable the commercialization of cryptocurrencies and new asset classes.

Future integration of Bakkt into Fiserv’s Carat omnichannel ecosystem will enable businesses to pursue new options for B2B and B2C payments, loyalty programs and transactions. All of these use crypto assets that can be accessed through a digital asset wallet. Merchants can deliver innovative consumer experiences through simple integration with Carat and deploy new digital asset offerings tailored to their brands and customers.

“Carat is a reliable solution for companies that want access to features that enable a variety of business transactions, such as receiving and paying funds from a single provider, including FinTech,” said Nandan Sheth, Head of Carat and Digital. Says. Commercial transactions on Fiserv. “BAKKT will leverage these features while working with us to build a new merchant experience that will help bring crypto assets to the mainstream.”

BAKKT’s Chief Revenue Officer, Sheila Zemrin, said: “Whether you’re buying Bitcoin from within a financial institution’s app, redeeming loyalty points for merchandise from your favorite restaurant, or using a digital asset wallet, you’ll have a bit to perform a sidegig grocery delivery. Even when receiving payments in coins, consumers still have new opportunities to participate. Digital economy. ”

In addition to new digital feature innovations for merchants, Fiserv and Bakkt plan to introduce Bakkt technology to Fiserv financial institution clients to support consumers’ ability to buy, sell and retain crypto assets. increase.

Sunil Sachdev, Head of Fintech, said: With Fiserv.

“Carat is a reliable solution for companies that want access to features that enable a variety of business transactions, such as receiving and paying funds from a single provider, including FinTech,” said Nandan Sheth, Head of Carat and Digital. Says. Commercial transactions on Fiserv. “BAKKT will leverage these features while working with us to build a new merchant experience that will help bring crypto assets to the mainstream.”

Source: https://londonnewstime.com/bakkt-fiserv-partner-on-cryptocurrencies/517043/

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