William Mills Agency’s 2020 Financial Trade Show Directory Now Available

William Mills Agency, the largest, independent public relations and marketing firm specializing in the financial industry, announces the release of its 2020 Trade Show Directory. The annual guide is a comprehensive compilation of relevant banking, credit union, payments, mortgage, insurance and fintech events (tradeshows and conferences) for the financial industry in the U.S. Download the free guide here. “Our directory is a trusted resource for leaders in the financial industry that helps to prioritize which shows...

Practifi Completes $16.3M Series B Funding Round With Updata Partners to Accelerate Growth

Practifi, a business management platform for financial advisors, today announced its $16.3 million Series B funding led by Updata Partners, with participation from existing Series A investors Equity Venture Partners (EVP). With this investment, Practifi plans to scale the team, expand presence around the globe, and invest in the software platform to further elevate the client experience. “I’m tremendously proud of how much we’ve accomplished in the U.S. since establishing our Chicago office in 2018, but this is only...

CIT Completes Acquisition of Mutual of Omaha Bank

CIT Group Inc. (NYSE: CIT) today announced that its banking subsidiary, CIT Bank, N.A., completed the acquisition of Mutual of Omaha Bank on Jan. 1, 2020. This transaction advances CIT’s strategic plan through the addition of a stable, lower-cost homeowner association deposit channel from the market-leading community association banking business. The acquisition will also build on CIT’s commercial banking strengths through the addition of relationship banking teams and expanded product and technology solutions. “The completion of this transaction...

China Rapid Finance’s Micro Credit Company Just Received Annual Compliance Review Approval

China Rapid Finance Limited (NYSE: XRF) (“XRF” or “the Company”), one of China’s leading fintech companies, today reported that its Micro Credit Company just received the approval from the local regulatory annual compliance review. Several members of the management team plan to buy the Company’s stock during the open trading window, in accordance with applicable rules and regulations. Dr. Zane Wang, Founder, Chairman and Chief Executive Officer of the Company, noted: “When the regulators are closing marketplace lending platform...

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