The rise of neobanks represents a significant disruption in the traditional banking model, driven by several factors such as technological advancements, consumer trust and preferences, market demand, cost efficiency, and global expansion. Despite facing challenges such as building trust and navigating regulatory landscapes, neobanks are driving competition, prompting traditional banks to enhance their digital offerings.

Netwave, an innovative leader in real-time personalized recommendation solutions for e-commerce, based on artificial intelligence, today announces the signing of a distribution agreement for its Netwave Suite solution, with Netiks, a renowned company in the field of digital transformation based in Dubai.

The true potential of digital technology lies in its ability to revolutionize the physical world, fostering productivity, innovation, and meaningful outcomes. In this pursuit, artificial intelligence (AI) plays a vital role in numerous complex digital transformation (DX) applications. Without AI, the digitization of products and processes would generate overwhelming volumes of data that would be impractical for humans to analyze and respond to within a reasonable timeframe. AI empowers us to ext...

“Digital Transformation” is a term that's become increasingly popular in the business world. In short, it refers to the process of leveraging digital technologies to transform an organization’s operations. This article will explore what digital transformation is, its different applications, and how it can help your business succeed.