The Federal Reserve is facing a profound institutional crisis as a deepening legal standoff with the Department of Justice (DOJ) threatens to upend the leadership transition of Chair Jerome Powell.

The City watchdog has launched an investigation into a £2bn shadow bank that collapsed amid allegations of fraud.

In early 2026, the scrapped FCA £100 (US$133) contactless limit came into effect to hand power back to banks – who are now ...

Major high-street lenders across United Kingdom have chosen to retain the existing £100 single-transaction ceiling for tap-and-go card payments.

The UK’s financial regulator is opening an investigation into Market Financial Solutions, the mortgage lender that collapsed abruptly amid fraud allegations. The Financial Conduct Authority’s ...

The Technology and Construction Court (TCC) has refused to grant an injunction against the issuing bank under an on-demand performance bond in CR Construction (UK) Company Ltd v Barclays Bank ...

New rules mean banks can now set their own contactless payment limits; The £100 cap is no longer mandatory, but most banks are keeping it for now; Lenders say they are reviewing ...

NatWest customers can already manage their contactless settings through the mobile app. While the bank has no plans to ...

A huge banking change has landed in the UK today. And while it may make things quicker and more convenient at the tills, a finance expert has warned of the danger to some people. It has been almost 20 ...

All the UK banks keeping the £100 limit for contactless card payments despite the Financial Conduct Authority scrapping it have been revealed. The Financial Conduct Authority made the rule change to ...

Many of the major banks have said they will keep the £100 card limit for now, with many also allowing customers to set their ...

In 2020, the UK Gambling Commission drew a line in the sand: no licensed operator may accept cryptocurrency as a direct gambling payment. The practical consequence was something the UKGC probably didn ...