Visa launching digital wallet effort

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Credit card giant Visa said it will collaborate with U.S. and international bank partners including US Bancorp, PNC Financial Services, Regions Financial, BB&T Corp, Toronto Dominion's TD Bank and the U.S. arm of Barclays PLC to introduce a digital wallet enabling users to make real-world and online purchases via smartphone. The wallet solution will store the customers' credit and debit card account information. Article