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.

JPMorgan Chase is in advanced talks to take over Apple’s credit-card program, according to people familiar with the matter. Discussions between the country’s biggest bank and Apple accelerated in recent months,