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After Wall Street has spent years trying to convincing regulators how they could collapse without disrupting the financial system, the largest U.S. banks will soon have to take the additional step of showing how they can keep from failing in the first place.

The agency has struggled with how to regulate small-dollar and payday loans in recent years, pushing back its own deadline several times for completing a proposed rulemaking. That could be because the plan is so sweeping, some said.

Frandsen Financial in Arden Hills, Minn., has agreed to buy Provincial Corp. in Lakeville, Minn.

Over the past three decades William Cooper has led TCF Financial through two crises and reinvented the bank to keep it profitable. He also sued the Federal Reserve in the aftermath of the financial crisis, for imposing a cap on debit card fees. For his strong leadership in the industry — as well as his candid, off-the-cuff style — American Banker has named him its lifetime achievement honoree.

The agency made good on a vow to make 2015 the "year of regulatory relief," causing headaches for the banking industry in areas such as field of membership and member business lending.

California regulators on Monday identified 14 companies that the state is targeting as part of its recently announced inquiry into the marketplace lending industry.

A lot happened in 2015 to advance digital security, but a lot also happened to challenge the status quo and force merchants and financial institutions to rethink their strategies. Here are some of the key changes that took place in the past year.

Relations between banks and fintech companies are starting to thaw as the two sides begin to acknowledge the advantages of scale that exist when they join forces.

KINGSPORT, TENN. — Eastman Credit Union announced over the weekend that it will issue a $10 million extraordinary dividend to members as a reward for doing business with the CU.

Visa has begun rolling out the Visa Token Service in the Asia Pacific region, starting with United Overseas Bank in Singapore.