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ROSEN, A GLOBALLY RESPECTED LAW FIRM, Encourages Kanzhun Limited Investors to Secure Counsel Before Important September 10 Deadline in Securities Class Action First Filed by Firm – BZ

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NEW YORK–(BUSINESS WIRE)–WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of Kanzhun Limited (NASDAQ: BZ) between June 11, 2021 and July 2, 2021, inclusive (the “Class Period”), of the important September 10, 2021 lead plaintiff deadline in the securities class action commenced by the firm.

SO WHAT: If you purchased Kanzhun securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.

WHAT TO DO NEXT: To join the Kanzhun class action, go to http://www.rosenlegal.com/cases-register-2115.html or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] or [email protected] for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than September 10, 2021. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.

WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources or any meaningful peer recognition. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs’ Bar. Many of the firm’s attorneys have been recognized by Lawdragon and Super Lawyers.

DETAILS OF THE CASE: According to the lawsuit, defendants throughout the Class Period made false and/or misleading statements and/or failed to disclose that: (1) Kanzhun would face an imminent cybersecurity review by the Cyberspace Administration of China (the “CAC”); (2) the CAC would require Kanzhun to suspend new user registration on its BOSS Zhipin app; (3) Kanzhun needed to “to conduct a comprehensive examination of cybersecurity risks”; (4) Kanzhun needed to “enhance its cybersecurity awareness and technology capabilities”; and (5) as a result, defendants’ statements about its business, operations, and prospects, were materially false and misleading and/or lacked a reasonable basis at all relevant times. When the true details entered the market, the lawsuit claims that investors suffered damages.

To join the Kanzhun class action, go to http://www.rosenlegal.com/cases-register-2115.html or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] or [email protected] for information on the class action.

No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor’s ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.

Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.

Attorney Advertising. Prior results do not guarantee a similar outcome.

Contacts

Laurence Rosen, Esq.

Phillip Kim, Esq.

The Rosen Law Firm, P.A.

275 Madison Avenue, 40th Floor

New York, NY 10016

Tel: (212) 686-1060

Toll Free: (866) 767-3653

Fax: (212) 202-3827

[email protected]
[email protected]
[email protected]
www.rosenlegal.com

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Source: https://www.fintechnews.org/rosen-a-globally-respected-law-firm-encourages-kanzhun-limited-investors-to-secure-counsel-before-important-september-10-deadline-in-securities-class-action-first-filed-by-firm-bz/

Fintech

Basiq: Four new use cases for Open Banking’s Future

Published

on

Basiq, an Accredited Data Recipient under the CDR, has published a white paper detailing the future of Open Banking in four novel use cases.

The current implementation of the CDR across the financial services industry – or Open Banking – has facilitated a fundamental shift in the way consumers interact with their data. Not only are businesses beginning to conform to Open Banking rails, but regulatory bodies are hoping that Open Banking will yield economy-wide benefits. (The Federal Government committed $111m committed to CDR in the recent Federal Budget in the hope of fast-tracking these benefits).

By February 1, 2022, the date that ‘full data transfer for consumers’ will be available, the Open Banking rubber will really start to hit the road in Australia, following large transformation programs by Banks and major strategic shifts within Financial Technology companies.

Australia is on the cusp of a seismic shift in innovation and there are a plethora of innovative use cases that will be able to leverage the CDR consent framework and Open Banking data made available. This will mean consumers have a lot more options, in no small part because of the inevitable unbundling of a large number of products currently provided by the Big Four.

This is undoubtedly the most exciting part of the Open Banking journey.

To help surface the untapped potential of Open Banking, the paper takes a deep-dive into the following:

  • Mapping the multiple stages of open banking to each stage of the Gartner ‘Hype Cycle’, suggesting a move toward an Open and Embedded Finance model:

PlatoAi. Web3 Reimagined. Data Intelligence Amplified.
Click here to access.

Source: https://australianfintech.com.au/basiq-four-new-use-cases-for-open-bankings-future/

Continue Reading

Fintech

Basiq: Four new use cases for Open Banking’s Future

Published

on

Basiq, an Accredited Data Recipient under the CDR, has published a white paper detailing the future of Open Banking in four novel use cases.

The current implementation of the CDR across the financial services industry – or Open Banking – has facilitated a fundamental shift in the way consumers interact with their data. Not only are businesses beginning to conform to Open Banking rails, but regulatory bodies are hoping that Open Banking will yield economy-wide benefits. (The Federal Government committed $111m committed to CDR in the recent Federal Budget in the hope of fast-tracking these benefits).

By February 1, 2022, the date that ‘full data transfer for consumers’ will be available, the Open Banking rubber will really start to hit the road in Australia, following large transformation programs by Banks and major strategic shifts within Financial Technology companies.

Australia is on the cusp of a seismic shift in innovation and there are a plethora of innovative use cases that will be able to leverage the CDR consent framework and Open Banking data made available. This will mean consumers have a lot more options, in no small part because of the inevitable unbundling of a large number of products currently provided by the Big Four.

This is undoubtedly the most exciting part of the Open Banking journey.

To help surface the untapped potential of Open Banking, the paper takes a deep-dive into the following:

  • Mapping the multiple stages of open banking to each stage of the Gartner ‘Hype Cycle’, suggesting a move toward an Open and Embedded Finance model:

PlatoAi. Web3 Reimagined. Data Intelligence Amplified.
Click here to access.

Source: https://australianfintech.com.au/basiq-four-new-use-cases-for-open-bankings-future/

Continue Reading

Fintech

Basiq: Four new use cases for Open Banking’s Future

Published

on

Basiq, an Accredited Data Recipient under the CDR, has published a white paper detailing the future of Open Banking in four novel use cases.

The current implementation of the CDR across the financial services industry – or Open Banking – has facilitated a fundamental shift in the way consumers interact with their data. Not only are businesses beginning to conform to Open Banking rails, but regulatory bodies are hoping that Open Banking will yield economy-wide benefits. (The Federal Government committed $111m committed to CDR in the recent Federal Budget in the hope of fast-tracking these benefits).

By February 1, 2022, the date that ‘full data transfer for consumers’ will be available, the Open Banking rubber will really start to hit the road in Australia, following large transformation programs by Banks and major strategic shifts within Financial Technology companies.

Australia is on the cusp of a seismic shift in innovation and there are a plethora of innovative use cases that will be able to leverage the CDR consent framework and Open Banking data made available. This will mean consumers have a lot more options, in no small part because of the inevitable unbundling of a large number of products currently provided by the Big Four.

This is undoubtedly the most exciting part of the Open Banking journey.

To help surface the untapped potential of Open Banking, the paper takes a deep-dive into the following:

  • Mapping the multiple stages of open banking to each stage of the Gartner ‘Hype Cycle’, suggesting a move toward an Open and Embedded Finance model:

PlatoAi. Web3 Reimagined. Data Intelligence Amplified.
Click here to access.

Source: https://australianfintech.com.au/basiq-four-new-use-cases-for-open-bankings-future/

Continue Reading

Fintech

Basiq: Four new use cases for Open Banking’s Future

Published

on

Basiq, an Accredited Data Recipient under the CDR, has published a white paper detailing the future of Open Banking in four novel use cases.

The current implementation of the CDR across the financial services industry – or Open Banking – has facilitated a fundamental shift in the way consumers interact with their data. Not only are businesses beginning to conform to Open Banking rails, but regulatory bodies are hoping that Open Banking will yield economy-wide benefits. (The Federal Government committed $111m committed to CDR in the recent Federal Budget in the hope of fast-tracking these benefits).

By February 1, 2022, the date that ‘full data transfer for consumers’ will be available, the Open Banking rubber will really start to hit the road in Australia, following large transformation programs by Banks and major strategic shifts within Financial Technology companies.

Australia is on the cusp of a seismic shift in innovation and there are a plethora of innovative use cases that will be able to leverage the CDR consent framework and Open Banking data made available. This will mean consumers have a lot more options, in no small part because of the inevitable unbundling of a large number of products currently provided by the Big Four.

This is undoubtedly the most exciting part of the Open Banking journey.

To help surface the untapped potential of Open Banking, the paper takes a deep-dive into the following:

  • Mapping the multiple stages of open banking to each stage of the Gartner ‘Hype Cycle’, suggesting a move toward an Open and Embedded Finance model:

PlatoAi. Web3 Reimagined. Data Intelligence Amplified.
Click here to access.

Source: https://australianfintech.com.au/basiq-four-new-use-cases-for-open-bankings-future/

Continue Reading
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