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Backbase Unveils AI-Driven Banking Platform

Backbase Unveils AI-Driven Banking Platform

Backbase has announced a major industry shift: the launch of the world's first AI-powered Banking Platform, following the launch of its Intelligence Fabric in September 2024.
Momentum accelerates with the release of its next-generation platform, purpose-built to accelerate growth and efficiency in banking by unifying two mission-critical domains: customer servicing and digital sales.
This launch marks the next phase of Backbase's bold vision: putting bankers at the forefront of the AI revolution, fully equipped to drive sustainable, profitable growth.
Built for unified sales and servicing
In today's competitive landscape, banks can no longer afford to rely on passive digital channels and reactive workflows. Backbase's AI-powered Banking Platform enables banks to: Transform customer engagement with AI-powered self-service and real-time support
with AI-powered self-service and real-time support Hardwire AI into daily operations to maximize employee productivity and smarter decision-making
to maximize employee productivity and smarter decision-making Streamline and scale sales through intelligent activation and end-to-end automation
through intelligent activation and end-to-end automation Expand revenue with AI-driven up- and cross-sell journeys that deepen customer relationships.
'Banks don't need more pilots – they need outcomes,' said Jouk Pleiter, CEO & Founder of Backbase. 'With our AI-powered Banking Platform, we're going all-in on the AI opportunity and empower banks to boost productivity, automate intelligently, and unlock growth faster than ever.'
Why now?
The industry is at a tipping point. While fintechs surge ahead, many banks are still trapped by legacy tech and fragmented data — unable to fully seize the AI opportunity. The last decade delivered basic digital channels. The next will be owned by banks that master AI-powered growth orchestration: acquiring, activating, expanding, and retaining customers at scale.
Powered by the Intelligence Fabric
At the heart of the platform is the Intelligence Fabric — a unified data foundation that turns behavioral signals, transactional data, and operational insights into real-time, actionable intelligence.
A breakthrough addition is Agentic AI: modular, intelligent agents purpose-built for banking. Operating safely within guardrails, these agents seamlessly embed into service and sales journeys — automating tasks, guiding next-best actions, and boosting productivity across the front and back office.
Trusted and secure by design
Built on a trusted AI foundation, the platform ensures every decision, recommendation, and action is transparent, secure, and auditable. Agents are developed, deployed, and governed within a tightly controlled environment, enabling banks to confidently scale while upholding the highest standards of compliance, risk, and operational integrity.
Closing the talent gap with the AI Factory
AI adoption demands new expertise — and Backbase delivers it through the AI Factory: an embedded delivery model designed to bridge the industry's AI skills gap. By integrating Backbase's AI experts directly into their teams, banks can rapidly co-create high-impact use cases and turn innovation into execution with speed and confidence.
'This isn't proof-of-concept AI. This is a packaged, production-ready operating model to move banks from experimentation to execution, fast,' said Jouk Pleiter, CEO & Founder at Backbase. 'AI waits for no bank. It's not a wait-and-see – it's here, and it's rewriting the rules of the industry. The time to act is now.'
Available now
The AI-powered Banking Platform is already delivering breakthrough efficiency and unlocking new growth for early adopters. As of today, it's officially live and globally available — ready to transform how banks operate at scale. 0 0

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Bank Muamalat launches ATLAS, Malaysia's first faith & lifestyle-aligned Islamic digital-only bank
Bank Muamalat launches ATLAS, Malaysia's first faith & lifestyle-aligned Islamic digital-only bank

Zawya

time3 days ago

  • Zawya

Bank Muamalat launches ATLAS, Malaysia's first faith & lifestyle-aligned Islamic digital-only bank

Pioneering Sharia-compliant faith-aligned digital banking transformation in Malaysia enabled by Backbase's AI-powered Banking platform KUALA LUMPUR, MALAYSIA - Media OutReach Newswire - 5 June 2025 - Backbase, the global leader in AI-powered banking technology, announces that Bank Muamalat has officially launched ATLAS by Bank Muamalat (ATLAS), Malaysia's first Islamic digital-only bank centered on faith and lifestyle alignment. This milestone represents a transformative leap in Bank Muamalat's journey to redefine Islamic banking, positioning it as a pioneer in Malaysia's rapidly expanding digital banking landscape. By harnessing Backbase's AI-powered Banking Platform, ATLAS delivers a faith-aligned digital experience with seamless onboarding, DuitNow integration, Shariah-compliant financing, and personalized servicing — setting a new benchmark for Islamic financial services in the region. 'ATLAS is more than a digital bank. It is a bold reimagination of Islamic finance for the modern era, built around the values, lifestyles, and aspirations of our customers,' said Khairul Kamarudin, President & Chief Executive Officer of Bank Muamalat. 'It reflects our commitment to leading the next era of Islamic banking that is digital, inclusive, and purpose-driven. Our collaboration with Backbase has played a key role in enabling us to deliver an experience that is seamless, secure, and rooted in faith — one that redefines how banking is lived in today's digital world.' A faith-driven approach to digital transformation ATLAS is designed to meet the growing demand for digital financial solutions that align with customers' faith and lifestyles. Since its pilot phase, the platform has already demonstrated strong early results — enabling faster rollout of new products and improving customer acquisition efficiency through a more streamlined onboarding experience. In the coming months, ATLAS will expand its product offerings to include digital debit and credit cards, flexible personal financing, and a Shariah-compliant gold investment account. These new products will be seamlessly integrated into the existing platform and will further strengthen ATLAS's position in the Islamic digital banking landscape. To enhance customer loyalty, ATLAS introduces a unique rewards program that connects users to exclusive lifestyle offers through curated partners, including well-known brands and services across diverse industries. A partnership for banking growth in Asia Prior to launching ATLAS, Bank Muamalat faced the common industry challenge of fragmented legacy infrastructure. The Backbase AI-powered Banking Platform provided a unified and modular foundation, enabling Bank Muamalat to accelerate its digital roadmap with agility and control. 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Hashtag: #Backbase #digitalbanking #AIPoweredBanking #ArtificialIntelligence #retailbanking #omnichannelbanking #businessbanking #smebanking #corporatebanking The issuer is solely responsible for the content of this announcement. About Backbase Backbase is on a mission to put bankers back in the driver's seat — fully equipped to lead the AI revolution and unlock remarkable growth and efficiency. At the heart of this mission is the world's first AI-powered Banking Platform, unifying all servicing and sales journeys into an integrated suite. With Backbase, banks modernize their operations across every line of business — from Retail and SME to Commercial, Private Banking, and Wealth Management. Recognized as a category leader by Forrester, Gartner, Celent, and IDC, Backbase powers the digital and AI transformations of over 150 financial institutions worldwide. See some of their stories here. 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Dell Technologies Fuels Enterprise AI Innovation with Infrastructure, Solutions and Services
Dell Technologies Fuels Enterprise AI Innovation with Infrastructure, Solutions and Services

Web Release

time24-05-2025

  • Web Release

Dell Technologies Fuels Enterprise AI Innovation with Infrastructure, Solutions and Services

Dell Technologies (NYSE: DELL), the world's No. 1 provider of AI infrastructure,1 announces Dell AI Factory advancements, including powerful and energy-efficient AI infrastructure, integrated partner ecosystem solutions and professional services to drive simpler and faster AI deployments. Why it matters AI is now essential for businesses, with 75% of organizations saying AI is key to their strategy2 and 65% successfully moving AI projects into production.3 However, challenges like data quality, security concerns and high costs can slow progress. The Dell AI Factory approach can be up to 62% more cost effective for inferencing LLMs on-premises than the public cloud4 and helps organizations securely and easily deploy enterprise AI workloads at any scale. 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Dell and AMD are collaborating to provide Day 0 support and performance optimized containers for AI models such as Llama 4. add 200G of storage networking and an upgraded AMD ROCm open software stack for organizations to simplify workflows, support LLMs and efficiently manage complex workloads. Dell and AMD are collaborating to provide Day 0 support and performance optimized containers for AI models such as Llama 4. The new Dell AI Platform with Intel helps enterprises deploy a full stack of high performance, scalable AI infrastructure with Intel® Gaudi® 3 AI accelerators. Dell also announced advancements to the Dell AI Factory with NVIDIA and updates to Dell NativeEdge to support AI deployments and inferencing at the edge. Perspectives 'It has been a non-stop year of innovating for enterprises, and we're not slowing down. We have introduced more than 200 updates to the Dell AI Factory since last year,' said Jeff Clarke, chief operating officer, Dell Technologies. 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Dell Technologies fuels Enterprise AI Innovation with infrastructure, solutions and services
Dell Technologies fuels Enterprise AI Innovation with infrastructure, solutions and services

Zawya

time23-05-2025

  • Zawya

Dell Technologies fuels Enterprise AI Innovation with infrastructure, solutions and services

Powerful AI infrastructure and solutions, backed by a broad partner ecosystem and global services, empower organizations to embrace applications from building foundational models to running agentic AI Dubai, UAE – Dell Technologies (NYSE: DELL), the world's No. 1 provider of AI infrastructure,1 announces Dell AI Factory advancements, including powerful and energy-efficient AI infrastructure, integrated partner ecosystem solutions and professional services to drive simpler and faster AI deployments. Why it matters AI is now essential for businesses, with 75% of organizations saying AI is key to their strategy2 and 65% successfully moving AI projects into production.3 However, challenges like data quality, security concerns and high costs can slow progress. The Dell AI Factory approach can be up to 62% more cost effective for inferencing LLMs on-premises than the public cloud4 and helps organizations securely and easily deploy enterprise AI workloads at any scale. Dell offers the industry's most comprehensive AI portfolio designed for deployments across client devices, data centers, edge locations and clouds.5 More than 3,000 global customers across industries are accelerating their AI initiatives with the Dell AI Factory.6 Dell infrastructure advancements help organizations deploy and manage AI at any scale Dell introduces end-to-end AI infrastructure to support everything from edge inferencing on an AI PC to managing massive enterprise AI workloads in the data center. Dell Pro Max AI PC delivers industry's first enterprise-grade discrete NPU in a mobile form factor7 The Dell Pro Max Plus laptop with Qualcomm® AI 100 PC Inference Card is the world's first mobile workstation with an enterprise-grade discrete NPU.8 It offers fast and secure on-device inferencing at the edge for large AI models typically run in the cloud, such as today's 109-billion-parameter model. The Qualcomm AI 100 PC Inference Card features 32 AI-cores and 64 GB memory, providing power to meet the needs of AI engineers and data scientists deploying large models for edge inferencing. Dell redefines AI cooling with innovations that reduce cooling energy costs by up to 60%9 The industry-first Dell PowerCool Enclosed Rear Door Heat Exchanger (eRDHx) is a Dell-engineered alternative to standard rear door heat exchangers. Designed to capture 100% of IT heat generated with its self-contained airflow system, the eRDHx can reduce cooling energy costs by up to 60%10 compared to currently available solutions. With Dell's factory integrated IR7000 racks equipped with future-ready eRDHx technology, organizations can: Significantly cut costs and eliminate reliance on expensive chillers given the eRDHx operates with water temperatures warmer than traditional solutions (between 32 and 36 degrees Celsius). Maximize data center capacity by deploying up to 16% more racks11 of dense compute, without increasing power consumption. Enable air cooling capacity up to 80 kW per rack for dense AI and HPC deployments.12 Minimize risk with advanced leak detection, real-time thermal monitoring and unified management of all rack-level components with the Dell Integrated Rack Controller. Dell PowerEdge servers with AMD GPUs maximize performance and efficiency Dell PowerEdge XE9785 and XE9785L servers will support AMD Instinct™ MI350 series GPUs, which offer 288 GB of HBM3E memory per GPU and deliver up to 35 times greater13 inferencing performance.14 Available in liquid-cooled and air-cooled configurations, the servers will reduce facility cooling energy costs. Dell advancements power efficient and secure AI deployments and workflows Because AI is only as powerful as the data that fuels it, organizations need a platform designed for performance and scalability. 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With additional portfolio advancements, organizations can: Lower power consumption, reduce latency and boost cost savings for high performance computing (HPC) and AI fabrics with Dell Linear Pluggable Optics. Increase trust in the security of their AI infrastructure and solutions with Dell AI Security and Resilience Services, which provide full stack protection across AI infrastructure, data, applications and models. Dell expands AI partner ecosystem with customizable AI solutions and applications Dell is collaborating with AI ecosystem players to deliver tailored solutions that simply and quickly integrate into organizations' existing IT environments. Organizations can: Enable intelligent, autonomous workflows with a first-of-its-kind on-premises deployment of Cohere North, which integrates various data sources while ensuring control over operations. Securely run scalable AI agents and enterprise search on-premises with Glean. Dell and Glean's collaboration will deliver the first on-premises deployment architecture for Glean's Work AI platform.16 Innovate where the data is with Google Gemini and Google Distributed Cloud on-premises available on Dell PowerEdge XE9680 and XE9780 servers. Prototype and build agent-based enterprise AI applications with Dell AI Solutions with Llama, using Meta's latest Llama Stack distribution and Llama 4 models. Build and deploy secure, customizable AI applications and knowledge management workflows with solutions jointly engineered by Dell and Mistral AI. The Dell AI Factory also expands to include: Advancements to the Dell AI Platform with AMD add 200G of storage networking and an upgraded AMD ROCm open software stack for organizations to simplify workflows, support LLMs and efficiently manage complex workloads. Dell and AMD are collaborating to provide Day 0 support and performance optimized containers for AI models such as Llama 4. The new Dell AI Platform with Intel helps enterprises deploy a full stack of high performance, scalable AI infrastructure with Intel® Gaudi® 3 AI accelerators. Dell also announced advancements to the Dell AI Factory with NVIDIA and updates to Dell NativeEdge to support AI deployments and inferencing at the edge. Perspectives 'It has been a non-stop year of innovating for enterprises, and we're not slowing down. We have introduced more than 200 updates to the Dell AI Factory since last year,' said Jeff Clarke, chief operating officer, Dell Technologies. 'Our latest AI advancements — from groundbreaking AI PCs to cutting-edge data center solutions — are designed to help organizations of every size to seamlessly adopt AI, drive faster insights, improve efficiency and accelerate their results.' 'We leverage the Dell AI Factory for our oceanic research at Oregon State University to revolutionize and address some of the planet's most critical challenges," said Christopher M. Sullivan, director of Research and Academic Computing for the College of Earth, Ocean and Atmospheric Sciences, Oregon State University. "Through advanced AI solutions, we're accelerating insights that empower global decision-makers to tackle climate change, safeguard marine ecosystems and drive meaningful progress for humanity." Availability: Dell Pro Max Plus laptop with Qualcomm AI 100 PC Inference Card will be available later this year. Dell PowerEdge XE9785 and XE9785L servers with AMD Instinct™ MI350 Series GPUs will be available in 2H 2025. The Dell PowerCool Enclosed Rear Door Heat Exchanger (eRDHx) and Dell Integrated Rack Controller will be available in 2H 2025. Dell Project Lightning is available in private preview for select customers and partners now. Dell Data Lakehouse updates will be available beginning in July 2025. Dell Linear Pluggable Optics is available now. Dell AI Security and Resiliency Services will be available in select countries in June 2025. Dell AI Platform with AMD advancements are available in select countries today. Dell AI Platform with Intel is available in select countries today. Dell NativeEdge AI updates are available now. Additional Resources: Blog: Continuing to Power the Future of AI with Dell's Direct Liquid Cooling and Computing Innovations Blog: Redefining AI Connectivity with Dell's Optimized Infrastructure Blog: Driving Innovation in AI: Continuous Updates to the AI Platform with AMD Blog: Smart, Simple, Secure Enterprise AI with Dell and Cohere Blog: Gemini on Google Distributed Cloud for On-premises Computing with Dell Customers Blog: Dell and Glean On-Premises Solution Redefines Enterprise AI Search Blog: Now shipping - Dell AI Platform with Intel Blog: Bringing Mistral AI's Platform On-Premises with Dell AI Factory Blog: Build Agent-based Applications Faster with Dell AI Solutions Blog: IT leader's guide to build trust in AI solutions Connect with Dell on X and LinkedIn About Dell Technologies Dell Technologies (NYSE: DELL) helps organizations and individuals build their digital future and transform how they work, live and play. The company provides customers with the industry's broadest and most innovative technology and services portfolio for the AI era. Copyright © 2025 Dell Inc. or its subsidiaries. All Rights Reserved. Dell Technologies and Dell are trademarks of Dell Inc. or its subsidiaries. Other trademarks may be trademarks of their respective owners. 1 IDC Semiannual Artificial Intelligence Infrastructure Tracker, 2024H1 (Feb 2025). 2 Source: Dell Technologies survey across 750 business and IT decision makers across US, UK, DE, FR and JP, all segments, Feb 2025. 3 Dell Technologies Chief Strategy Office enterprise AI adoption survey (US findings), November 2024 (N of 1,661 including 1,302 ITDMs and 359 AI practitioners). 4 Based on Enterprise Strategy Group White Paper commissioned by Dell, 'Understanding the total cost of inferencing large language models,' April 2025. Analyzed models show a 70B parameter LLM leveraging RAG for an organization of 10k users being up to 52% more cost effective and for 50k users being up to 62% more cost effective over 4 years. Actual results may vary. 5 Based on Dell analysis, July 2024. Dell offers solutions with NVIDIA hardware and software engineered to support AI workloads from PCs with AI-powered features and workstations to Servers for High-performance Computing, Data Storage, Cloud Native Software-Defined Infrastructure, Networking Switches, Data Protection, HCI and Services. 6 Based on April 2025 Dell analysis of customer order data. 7-8 Based an internal analysis of workstation providers, no one has an "enterprise-grade" discrete NPU in market. May 1, 2025. 9-12 Based on Dell analysis in April 2025. Assumes 36°C facility water supply and ASHRAE A3 inlet server air compared to 20°C facility water supply and ASHRAE A3 inlet server air. Actual savings will vary. 13 Based on internal analysis of PowerEdge XE9785 and XE9785L featuring MI350 series GPUs vs. previous generation XE9680 with MI300X, April 2025. 14 AMD Accelerates Pace of Data Center AI Innovation and Leadership with Expanded AMD Instinct GPU Roadmap. 15 Based on Dell preliminary testing comparing random and sequential throughput per rack unit, May 2025. Actual performance may vary. 16 Based on Dell internal analysis, May 2025

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