More than 40 financial institutions including 10 credit unions introduced the Visa Digital Commerce App, an issuer-branded mobile commerce solution that enables financial institutions to offer their own app with card management services.

Through the mobile app, issuers can offer services such as real-time account balance information, card controls, accountholder alerts about recent transactions or fraud concerns, and token services for contactless payments.

"The Visa Digital Commerce App brings together a comprehensive set of services to empower financial institution clients of all sizes to quickly offer their own digital payment experience to cardholders, while keeping their brand and relationship with the cardholder front and center," Oliver Jenkyn, group executive, North America for Visa Inc., said. "We are getting great feedback from clients who are implementing the app and are excited to make it available to more financial institutions nationwide." 

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Roy Urrico

Roy W. Urrico specializes in articles about financial technology and services for Credit Union Times, as well as ghostwriting, copywriting, and case studies. Also: writer/editor of a semi-annual newsletter for Association for Financial Technology since 1997 and history projects funded by the U.S Interior Department, National Park Service and Warren County (N.Y.).