Payments and financial services technology solutions provider Fiserv enters into partnership with digital asset platform Bakkt

Oct. 31 (Bloomberg) -- Fiserv, a provider of payments and financial services technology solutions, announced a strategic relationship with digital asset platform Bakkt. The combination of Fiserv's extensive capabilities, including the ability to move funds in and out of mobile wallets, and Bakkt's digital asset platform will enable the practical application of cryptocurrencies and emerging asset classes. Future integration of Bakkt with Fiserv's Carat omnichannel ecosystem will enable businesses seeking new options for B2B and B2C payments, loyalty programs and transactions, all with access to crypto assets through digital asset wallets. Merchants will be able to deliver innovative consumer experiences through simple integration with Carat and launch new digital asset offerings that fit their brands and customers. (Business Wire)