The banks declined to comment to CNBC. Apple didn't immediately return request for comment. This story is developing. Please check back for updates. Negotiations between JPMorgan and Apple have progressed as earlier contenders for the card including American Express, Synchrony and Barclays have fallen to the side, said the people, who declined to be identified speaking about the agreement. JPMorgan Chase, already the largest credit card issuer in the U.S., is nearing a deal to take over the Apple Card portf ...