I'm thrilled to jump into something big: I’ve joined
@Fiserv to help lead our Digital Assets team.
What drew me here is simple, the opportunity to build alongside banks, credit unions and merchants to give them the financial services they need for the next era.
For banks and credit unions, tokenized deposits are a defensive strategy.
Upgrading a traditional checking account from a bank that closes at 5PM, to one that moves money instantly, 24/7, across the world and offering competitive yield to their depositors.
Enabling the 3500 institutions already using Fiserv to keep up with the crypto exchanges and fintech companies.
For merchants, stablecoins open a different door.
They make global payments feel local.
In the same way the internet lets any business become a storefront, stablecoins allow any business to act like a financial platform: Moving money across borders, currencies and time zones instantly.
For companies already using Fiserv like
@Walmart,
@amazon,
@Uber,
@DoorDash they get real-time settlement, less friction, cheaper costs and the ability to operate globally without waiting days for funds to arrive.
Our Digital Asset Platform consists of our tokenized deposit, FIUSD stablecoin and Fiserv Deposit Network products that go live in September and we’re excited to share it with customers at Fiserv Forum in Vegas on August 17th.
I’m excited to learn, partner and build with many of you; alongside Sunil Sachdev, Eric M. Smith, Joe Healey, Steve Wager, Bill Battle, Eric Couillard, Cristina Anderson and many more from this organization.
If you’re thinking about tokenized deposits, stablecoins and how they fit into your strategy – please reach out!