FinBlockDaily — UK Fintech News

FCA Scraps Contactless Payment Cap — Banks Free to Set Own Limits

7 March 20261 min read

The Financial Conduct Authority has removed the regulatory cap on contactless payments, allowing banks and payment providers to set their own transaction limits from March 2026.

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Digital Banking

FCA Scraps Contactless Payment Cap — Banks Free to Set Own Limits

7 March 2026

By James Whitford

Revolut Applies for US Banking Charter in Global Push

5 March 2026

By Priya Sharma

UK Finance Sector Creates 28,000 AI-Specialist Roles as Hiring Boom Accelerates

25 February 2026

By Marcus Webb

UK Digital Banks Race to Launch AI-Powered Financial Advisers for Mass Market

24 February 2026

By Priya Sharma

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Payments

Buy Now, Pay Later Finally Comes Under FCA Regulation — 10.9 Million UK Users Affected

10 February 2026

By Daniel Kofi Asante

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Opinion & Analysis

Opinion

Sam Altman Testified Before Congress About AI Safety Then Sold Autonomous Weapons to the Pentagon — And Nobody Blinked

9 March 2026

By Raj Patel

Opinion

Your Pension Fund Is Sleepwalking Into a War Zone and Nobody Cares

9 March 2026

By Daniel Kofi Asante

Britain Is America's Emotional Support Ally and Everyone Knows It

The UK fintech briefing. Every weekday morning.

Regulation

FCA Cracks Down on Unregistered DeFi Platforms Targeting UK Consumers

15 December 2025

By Raj Patel

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Blockchain

Enterprise Blockchain Adoption Surges as UK Supply Chains Go Digital

20 January 2026

By Raj Patel

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Opinion

Britain Is America's Emotional Support Ally and Everyone Knows It

9 March 2026

By Marcus Webb

Opinion

Iran Just Became a Monarchy Again and Every Think-Tank in Washington Is Pretending Not to Notice

9 March 2026

By Priya Sharma

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1h ago

Seventh U.S. service member killed in Iran war ID'd as Sgt. Benjamin Pennington

Pennington, 26, from Glendale, Kentucky, was wounded on March 1 during an Iranian strike at Prince Sultan Air Base in Saudi Arabia. He died on Sunday.

CNBC1h ago

Oil falls back below $100 a barrel after G7 ‘stands ready’ to release crude reserves; Reeves says financial markets are ‘functioning’ – business live

Finance ministers from G7 countries resist pressure to release emergency oil stocks at video call todayIran war drives oil prices above $100 a barrel for first time since 2022UK interest rate cuts unlikely this year amid Iran war – and a rise could be aheadResearch show that poorer people are hit hardest by surging oil prices.As our economics editor Heather Stewart wrote yesterday:Recent research published by economists at the University of Massachusetts Amherst identified energy, along with food and agriculture as among the commodities that had “a disproportionate capacity to increase inequality when their prices rise”.Where there are benefits, these are narrowly shared. Another striking recent paper showed that after the 2022 oil price surge in the US, 50% of the windfall benefit from higher prices in the sector went to the wealthiest 1% of individuals, via the stock market. The bottom 50% of people received only 1%. Continue reading...

The Guardian1h ago

AI firm Anthropic sues US defense department over blacklisting

Lawsuits come after Pentagon labeled Anthropic a ‘supply chain risk’, a decision the company says is unlawfulSign up for the Breaking News US email to get newsletter alerts in your inboxAnthropic filed two lawsuits against the Department of Defense on Monday, alleging that the government’s decision to label the artificial intelligence firm a “supply chain risk” was unlawful and violated its first amendment rights. The two sides have been locked in a monthslong heated feud over the company’s attempt to implement safeguards against the military’s potential use of its AI models for mass domestic surveillance or fully autonomous lethal weapons.The lawsuits, which Anthropic filed in the northern district court of California and the US court of appeals for the Washington DC Circuit, come after the Pentagon formally issued the supply chain risk designation last Thursday, the first time the blacklisting tool has been used against a US company. The AI firm previously vowed to challenge the designation and its demand that any company that does business with the government cut all ties with Anthropic, a serious threat to its business model. Continue reading...

The Guardian1h ago

Anthropic sues US government for calling it a risk

The artificial intelligence company has been in a public fight with US government leaders over use of its tools like Claude

BBC Business1h ago

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