In November and early December 2024, flying taxi manufacturer Archer Aviation Inc. New York Stock Exchange: ACHR gained momentum: in the month leading up to December 6, the urban air mobility company’s share price rose by almost 139%. As the harbinger of a promising new industry, Archer sparked a shift in investor interest. Other companies … Read more
Being the first financial institution in Azerbaijan is not enough to stand out in a crowded market. Kapital Bank has also become more flexible in responding to the wishes and needs of clients. “It’s about being the first choice for our customers,” said Farid Huseynov, chairman and chief executive officer. “We earn their trust by … Read more
Outdated systems contribute to rising fraud threats Clients of banks and payment systems are increasingly becoming victims of fraud. In 2023, nearly 36% of all U.S. banking customers experienced some form of fraud, losing more than $10 billion, three times more than in 2020. Fraudsters exploit vulnerabilities in legacy systems using phishing, account takeover, and … Read more