Apple Card might soon be backed by Chase rather than Goldman Sachs. The move comes as Goldman has lost billions on the deal with Apple.

JPMorgan Chase is in "advanced talks" with Apple about becoming the Apple Card's new financial partner, according to The Wall

JPMorgan Chase is talking to Apple about taking over the tech giant’s credit card program, according to an exclusive report in The Wall Street Journal. A deal of this size wouldn’t just impact the two companies at the heart of the agreement, it could leave JPMorgan Chase’s competitors at a disadvantage.