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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

The Sun

time2 days ago

  • Business
  • The Sun

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

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. 'We're proud to support Bank Muamalat's bold vision with our AI-powered Banking Platform,' said Riddhi Dutta, Regional Vice President for Asia at Backbase. 'ATLAS is a shining example of how composable banking architecture can deliver tailored, lifestyle-aligned experiences while scaling innovation rapidly across markets. It also reinforces our growing presence in the Islamic banking sector, and exemplifies how Backbase serves as a strategic growth platform for banks seeking to modernize and expand their digital footprint.' Backbase supports over 150 banks worldwide, including Islamic institutions like Libyan Islamic Bank, ila Bank, Bank Al Bilad, and Saudi National Bank — as well as Asia-Pacific leaders such as BDO Unibank (Philippines), HDFC Bank (India), Techcombank (Vietnam) and MyState Bank (Australia).

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

Yahoo

time2 days ago

  • Business
  • Yahoo

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 / / June 5, 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 transformationATLAS 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 AsiaPrior 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. "We're proud to support Bank Muamalat's bold vision with our AI-powered Banking Platform," said Riddhi Dutta, Regional Vice President for Asia at Backbase. "ATLAS is a shining example of how composable banking architecture can deliver tailored, lifestyle-aligned experiences while scaling innovation rapidly across markets. It also reinforces our growing presence in the Islamic banking sector, and exemplifies how Backbase serves as a strategic growth platform for banks seeking to modernize and expand their digital footprint." Backbase supports over 150 banks worldwide, including Islamic institutions like Libyan Islamic Bank, ila Bank, Bank Al Bilad, and Saudi National Bank - as well as Asia-Pacific leaders such as BDO Unibank (Philippines), HDFC Bank (India), Techcombank (Vietnam) and MyState Bank (Australia). About BackbaseBackbase 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. Founded in 2003 in Amsterdam, Backbase is a global private fintech company with regional headquarters in Atlanta and Singapore, and offices across London, Sydney, Toronto, Dubai, Kraków, Cardiff, Hyderabad, and Mexico City. Learn more at About Bank MuamalatBank Muamalat is a leading Islamic bank, established on 1 October 1999, and is governed by Islamic Financial Services Act 2013 (IFSA). As a full-fledged Islamic financial institution, the bank offers its customers a broad range of services, meeting the needs of both individuals and institutions. Bank Muamalat provides individuals with services ranging from deposit accounts, asset management, financing needs for automobiles, homes and personal use as well as wealth management products such as family and general takaful, investments, Islamic estate planning to non-financial products such as Islamic funeral management, Quranic learning and halal tours. The Bank offers corporate and institutional customers the full product range of a leading corporate and investment bank, from cash management, payment solutions including trade and export finance to international foreign exchange, financing and capital market transactions. Bank Muamalat has a presence nationwide via a network of 68 branches. In addition, Bank Muamalat also has its electronic channels encompassing i-Muamalat (the Bank's internet banking solution) and our Self Service Terminals (SST) which are available at almost 141 locations through its network of ATMs, CDMs and CICOs. We also provide corporate internet banking at your convenience. Bank Muamalat is a member of the DRB-HICOM Berhad Group which owns 70% of the Bank's shares with the remaining stake held by Khazanah Nasional Berhad. Bank Muamalat was officially accepted as a member of Global Alliance for Banking on Values (GABV) on 15 November 2017. Signaling a growing appetite for the values-based banking movement, Bank Muamalat is the first Islamic bank in the world and the first in the Southeast Asian region to be accepted as a member of GABV. The issuer is solely responsible for the content of this announcement. Hashtags: #Backbase #digitalbanking #AIPoweredBanking #ArtificialIntelligence #retailbanking #omnichannelbanking #businessbanking #smebanking #corporatebanking Media Contact:BackbaseBharadwaj Bank MuamalatMohd Nazrul Hawa SOURCE: Backbase View the original press release on ACCESS Newswire Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

What Makes Google So Cool? Bengaluru Employee Has The Answers
What Makes Google So Cool? Bengaluru Employee Has The Answers

News18

time23-05-2025

  • Business
  • News18

What Makes Google So Cool? Bengaluru Employee Has The Answers

Last Updated: A Google software engineer posted a video demonstrating the many benefits that make Google offices a desirable place to work. Google is well known for its creative and unique office designs around the world. The tech giant aims to create a fun, innovative work environment that people enjoy being part of. To make the workplace more comfortable, Google offers its employees, known as 'Googlers," a variety of benefits, including free meals, nap rooms, and other cool facilities. Recently, a Google employee from Bengaluru, Riddhi Dutta, shared a video on Instagram showing some of the 'underrated perks" that many people may not know about. Riddhi, who works as a Software Engineer, gave viewers a quick tour of different parts of the office in the video. He highlighted lesser-known benefits that make working at Google special. The video quickly gained popularity, receiving over 8 lakh views and 41,000 likes. The clip gave people an inside look at Google's work culture and showed why so many consider it one of the best places to work. 'Google food is all over Instagram, but is that the only perk worth flexing?" in the video, Dutta states this before listing the top five underappreciated perks that the IT giant provides to its staff. advetisement Watch the video here: Riddhi Dutta shared some of the lesser-known perks that Google employees enjoy. First, every Googler has access to an onsite spa, where they can earn massage credits and book full sessions right at the office. Second, Google offers strong relocation support for employees. This includes staying in a five-star hotel for one to two months, a chauffeur for 30 days, help with transferring vehicles, house hunting, and even negotiating with brokers. If someone prefers to handle things on their own, they can choose to take a cash bonus instead. Google also lets employees choose their preferred work device—whether it's a Mac, Windows laptop, Chromebook, Pixel, or iPhone. Accessories can be picked up from a special vending machine inside the office. In addition, employees get full access to an in-house gym with personal trainers and healthy meals. The company also provides an annual health check-up that includes a full body and dental check-up. Dutta added, 'Even your glasses are covered." Online discussion has been triggered by the video, with individuals expressing both awe and jealousy. A user commented, 'My dream company." Another said, 'Manifesting to be there once." 'That's why everyone wants to work at Google," an individual expressed. 'Best MNC out there with best pay+perks," wrote another. First Published:

"Spa, Gym, Chauffeur And More": Bengaluru Employee Shares 5 "Underrated Perks" Of Working At Google
"Spa, Gym, Chauffeur And More": Bengaluru Employee Shares 5 "Underrated Perks" Of Working At Google

NDTV

time22-05-2025

  • Business
  • NDTV

"Spa, Gym, Chauffeur And More": Bengaluru Employee Shares 5 "Underrated Perks" Of Working At Google

Quick Read Summary is AI generated, newsroom reviewed. Google offices worldwide are designed to attract top talent. A Bengaluru employee showcased "underrated perks" at Google. Relocation support includes hotel stays, chauffeur services, and more. Google offices around the world are known to pack a bold punch when it comes to design. The IT giant tries to be an innovative and fun company that people would want to work for, and its offices are designed accordingly. Google employees, who are often called Googlers, also enjoy a range of amenities in the workplace, including free food and nap rooms. Now, a Bengaluru-based Google employee shared a list of 'underrated perks' the tech giant offers its employees. Taking to Instagram, Riddhi Dutta, a Software Engineer at Google, shared a video showing the wide array of perks that make Google offices an enviable place to work. The video, shared a few weeks back, has racked up 871,000 views and 40,000 likes. In the clip, Mr Dutta showed off various areas of the office, giving a sneak peek into the 'underrated perks' offered to a Googler. 'Google food is all over Instagram, but is that the only perk worth flexing?' Mr Dutta says in the clip, before sharing the 5 most underrated benefits the tech giant offers its employees. Watch the video below: View this post on Instagram A post shared by Riddhi Dutta (@ First, Mr Dutta shared that every Googler gets access to an onsite spa, where they can earn message credits and book full sessions right inside the office. Second, every Google employee gets relocation support, which includes a five-star hotel stay for one to two months, a chauffeur for 30 days, help with vehicle transfer, house hunting, broker negotiation and etc. Alternatively, a Googler can also take the cash bonus if they are okay to do things on their own. Google employees can also choose their device - a Mac, Windows Chromebook, a Pixel or an iPhone. They can also order accessories from an in-house device vending machine. Apart from these, Googlers also get full access to an in-house gym with personalised trainers and healthy food options. Lastly, an annual health check-up not only includes a full body check-up, but also a dental check-up. 'Even your specs are covered,' Mr Dutta said. The video has sparked a conversation online, with users expressing both amazement and envy. 'My dream company,' commented one user. 'Manifesting to be there once,' said another. 'That's why everyone wants to work at Google,' expressed a third user. 'Best MNC out there with best pay+perks,' wrote another.

Backbase and Synpulse partner to accelerate banking transformation across APAC
Backbase and Synpulse partner to accelerate banking transformation across APAC

Zawya

time13-03-2025

  • Business
  • Zawya

Backbase and Synpulse partner to accelerate banking transformation across APAC

Combining Backbase's Engagement Banking Platform with Synpulse's regional expertise to deliver customer-centric solutions SINGAPORE - Media OutReach Newswire - 13 March 2025 - Backbase, the leader in engagement banking, today announced a strategic partnership with Synpulse, a premier financial services consulting firm, to accelerate digital transformation for banks across Asia-Pacific. A unified approach to digital transformation The partnership provides banks with a comprehensive transformation approach that includes strategy consulting, tailored platform solutions, and localized implementation services. By combining Backbase's Engagement Banking Platform with Synpulse's deep regional expertise, financial institutions can confidently pivot toward customer-centricity while addressing specific market needs. "This partnership strengthens our ecosystem and ensures banks have both the architecture and specialized expertise needed to accelerate their digital transformation," said Riddhi Dutta, Vice President, ASEAN & South Asia at Backbase. "Synpulse's proven financial services expertise and understanding of regional markets make them an ideal partner to help banks deliver exceptional customer experiences across all touchpoints." "Our combined strengths will enable banks to unlock new growth opportunities and achieve digital transformation goals more effectively," said Yash Shah, Partner at Synpulse. "Together, we provide financial institutions with the guidance and implementation capabilities needed to execute large-scale transformations with confidence." A partnership for banking growth in Asia The partnership aims to deliver three key advantages for financial institutions in APAC: Enhanced business outcomes: Comprehensive consulting and platform integration services to improve customer acquisition, increase share of wallet, and reduce operational costs Localized expertise: On-ground teams delivering market-specific insights, cultural fluency and technical implementation Full-spectrum banking: Addressing a wide range of banking needs spanning retail, SME, and wealth management Backbase's platform, already powering over 150 financial institutions globally, including APAC leaders such as BDO Unibank (Philippines), HDFC Bank (India), and Techcombank (Vietnam), enables banks to unify business lines and modernize around customer needs without vendor lock-in. The company plans to expand its regional footprint to Hong Kong this year. Hashtag: #Backbase #digitalbanking #engagementbanking #retailbanking #omnichannelbanking #businessbanking #smebanking #corporatebanking The issuer is solely responsible for the content of this announcement. Backbase Backbase is on a mission to re-architect banking around the customer. We are the creators of the Engagement Banking Platform – a composable platform that empowers banks to accelerate their digital transformation through progressively modernizing their main customer journeys. From onboarding, to servicing, lending and investing, our platform streamlines every aspect of the customer and employee journey. Pre-integrated with leading core systems and cutting-edge fintechs, it enables institutions to unlock innovation at scale, driving instant value creation. Industry analysts Forrester, Gartner, Celent, Omdia and IDC continuously recognize Backbase's category leadership. Over 150 financials around the world have embraced the Backbase Engagement Banking Platform — including AIB, Banorte, Barclays, BIAT, Bank of the Philippine Islands, BDO, BNP Paribas, Banque Saudi Fransi, BRD, Citibank, Discovery Bank, First National Bank, HDFC, Ila Bank, KeyBank, Lloyds Banking Group, NatWest, Navy Federal Credit Union, OTP Group, PostFinance, Raiffeisen, Standard Bank, Saudi National Bank, Société Générale, and TPBank. Backbase is a private fintech company, founded in 2003 in Amsterdam (Global HQ), with regional offices in Atlanta (Americas HQ), Cardiff, Dubai, Hyderabad, Kraków, London, Mexico City, Singapore (Asia HQ), Sydney, and Toronto. Visit for more. Synpulse Synpulse is a global professional services company and a valued partner of leading players in the financial services and related industries. We leverage the proximity to our clients and deep domain expertise to create sustainable value using technology as a business driver. Leveraging our strong network of over 100 ecosystem partners, we accompany our clients throughout their transformation journey – from strategy and development to implementation and management. With our tech powerhouse, Synpulse8, we collaborate with our clients to co-create digital experiences with innovative technologies and proprietary methods. Synpulse is powered by the passion and commitment of its more than 1000 employees from 21 offices who come from over 30 countries. Backbase

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