PRESS DIGEST- Financial Times - September 11

Sept 11 (Reuters) - The following are the top stories in the Financial Times. Reuters has not verified these stories and does not vouch for their accuracy.

Headlines

- UK plan to scrap contactless card limits raises fraud fears

- US DoJ probes fraud allegations at subprime car lender Tricolor

- Trump's CFTC pick claims Winklevoss twins meddled with confirmation

- SEC chief threatens ban on European accounting rules over sustainability

Overview

- Britain's Financial Conduct Authority is pressing ahead with plans to scrap its 100-pound ($135.26) limit on contactless card payments despite concerns among banks, retailers and consumers that the change is unnecessary and risks increasing fraud.

- The US justice department is investigating allegations of fraud at Tricolor Holdings, a subprime car lender that has collapsed into bankruptcy and left banks facing potential losses of hundreds of millions of dollars.

- U.S. President Donald Trump's pick to run the Commodity Futures Trading Commission, Brian Quintenz, on Wednesday accused crypto entrepreneur Tyler Winklevoss of lobbying the White House to stall his nomination after a text exchange.

- The top US markets regulator has threatened to ban overseas companies from using accounting rules from the International Financial Reporting Standards if its rulemakers continue to pursue sustainability and climate issues.

($1 = 0.7393 pounds)