Samsung (SSNLF) s is in advanced talks with Barclays (BCS) to launch a consumer credit card in the U.S., AnnaMaria Andriotis of Wall Street reports, citing people familiar with the matter. Samsung and Barclays seek to announce the partnership by the end of the year, but the talks have missed earlier deadlines and a deal isn’t assured, sources told the Journal. Visa (V) is in talks to be the network on the credit card, the people added. Samsung is also exploring launching a high-yield savings account, a digital prepaid account and a new buy-now pay-later product, the sources noted.
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