Thursday, 05 June 2025

Inaugural Alibaba Cloud AI Hackathon Malaysia Sparks Innovation, Collaboration and Digital Leadership

Kuala Lumpur, Malaysia, 5 June 2025 – The Alibaba Cloud Global AI Hackathon made its grand debut in Malaysia as part of the 2025 global series, following its kickoff in Singapore. Co-hosted with AGMO, the hackathon brought together 250 Malaysian developers, university students, and entrepreneurs to build real-world AI solutions for local challenges.

Thursday, 05 June 2025

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 KamarudinPresident & 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).

 

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.

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 www.backbase.com.

 

About Bank Muamalat

Bank 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.

 

Thursday, 05 June 2025

SIGNATURE MALAYSIA LAUNCHES LARGEST-EVER HOME & LIVING SHOWCASE

SIGNATURE MALAYSIA LAUNCHES 

LARGEST-EVER HOME & LIVING SHOWCASE

Brand sets sights on Malaysia Book of Records and unveils ambassadors

Signature Malaysia, the nation’s leading total home and living solutions provider, today officially launched Signature HomeFest 2025, a bold, seven-weekend lifestyle campaign to homeowners across the country.

Held at the Signature Malaysia Flagship Store in Kota Damansara, the launch also marked the beginning of Signature Malaysia’s attempt to enter the Malaysian Book of Records for the Biggest Home and Living Showcase Campaign held in Malaysia. At the event, Amelia Henderson was also unveiled as Signature Malaysia’s Brand Ambassador and Datuk Chef Wan as Signature Malaysia’s Celebrity Chef. Both personalities will play key roles in bringing the brand’s vision to life.

In addition, Signature Malaysia unveiled its latest design concept, Soft Minima, a warm and refined approach to minimalism that sets the tone for the brand’s evolving design philosophy.


The Signature Malaysia Flagship Store will also unveil curated brand zones by CrownLivin, Baagus, Floor+, and Rubine, alongside showcases from over 100 home and living brands, offering Malaysians a fully immersive and inspiring home transformation experience.

Speaking at the launch, KS Lau, Group CEO of Signature International Berhad, “Signature HomeFest 2025 is more than a campaign, it is our way of sharing Signature Malaysia’s design values with Malaysians. As a total home and living solutions provider, we want to walk alongside our customers throughout their entire home journey. That means not only offering great products, but also building experiences, offering expert guidance, and creating design concepts that reflect the way people live today.” 

He went on to explain how this vision is brought to life through the brand’s latest design philosophy, “Our new concept, Soft Minima isn’t about having less; it’s about living more intentionally. This new concept invites nature in, using gentle textures, warm palettes, and thoughtful layout planning to support well-being and create a true sense of sanctuary at home.”

Spanning every weekend from 4 June to 20 July 2025, Signature HomeFest 2025 will take place in Signature Malaysia showrooms nationwide, with key exhibition hubs in Johor, the Klang Valley, and Ipoh.

As part of the campaign, Signature Malaysia has curated an expansive calendar of activities across Malaysia:

  1. Signature Nationwide Sale (4 June-20 July): With every RM10,000 spent on built-in cabinetry, customers will receive complimentary home and living products, such as home furniture, bedding, kitchen appliances, home appliances, cash rebates, and more, with over 25 curated gifts to choose from. Customers can visit any of the 50 showrooms nationwide to enjoy exclusive deals and complimentary design consultations.
  2. Signature Warehouse Sale (12 June–15 June): Held at the Signature Malaysia Flagship Store, this four-day event will feature RM1 deals, with a minimum purchase, up to 90% off select items, lucky draws, and more. Featuring over 100 renowned brands, this is the ultimate home and living sale.
  3. Signature HomeFest Celebration Weekend (14 & 15 June):  A vibrant family-friendly affair featuring live cooking demo by Datuk Chef Wan, Serai Pizza Decorating Workshop, Global Art Kids Colouring Contest, Astro Didi and Friends Meet-&-Greet sessions, celebrity meet-and-greets, interactive games, livestreams, Q&A sessions, and exciting giveaways, turning the sale into an immersive festival of home and living.
  4. Brand Day Weekends Sale:  Throughout Signature HomeFest 2025, selected Signature Malaysia flagship store will host themed Brand Day weekends, spotlighting Signature Malaysia’s key partner brands through curated experiences, exclusive product highlights, and engaging in-store activations. Each weekend will offer a unique opportunity for visitors to explore featured brands up close with lifestyle demonstrations and expert consultations.

 

Brand Day Line-up 

21–22 June  CrownLivin & Baagus

28–29 June  Panasonic & Rubine

19-20 July- Signature

 

  • Canopy Sale & Pop-Up Exhibitions: As part of its nationwide outreach, Signature HomeFest 2025 will feature a series of pop-up exhibitions and outdoor activations, bringing the experience directly to homeowners across Johor, the Klang Valley, and Ipoh. These on-the-ground engagements will offer exclusive promotions, expert consultations, and curated home solutions beyond the showroom floor.

 

Event Line-up

27–29 June – Pop-Up Exhibition @ Homefair JB

4–6 July – Pop-Up Exhibition @ HOMEs Sunway Pyramid Convention Centre (SPCC)

4–6 July – Outdoor Canopy Sale @ Signature Lifestyle Gallery, Rimbayu

10–13 July – Pop-Up Exhibition @ HOMEX, Stadium Indera Mulia, Ipoh

11-13 July- Outdoor Canopy Sale @ Signature Lifestyle Gallery, Setia Alam

 

  • The Signature Passport Challenge:  Visitors to participating showrooms and events can collect stamps with their HomeFest Passport. Shoppers who collect three stamps with a minimum spend of RM5,000 will be eligible to enter the Grand Lucky Draw on 20 July, with prizes worth up to RM88,888, including a RM30,000 Home Makeover Package, premium kitchen appliances, and exclusive Signature Malaysia gift sets.

 

In line with Signature Malaysia's collaborative efforts, special promotions have been crafted for loyal Astro subscribers and RHB cardholders during HomeFest 2025:

  1. Astro Exclusive:
    - Receive RM500 Home & Living Voucher, on top of ongoing HomeFest promotions.
  2. RHB Exclusive:
    - Enjoy an extra 5% discount for all RHB Bank cardholders
    - RHB cardholders also stand a chance to win in the Signature Home Makeover Lucky Draw, featuring prizes worth up to RM10,000

 

Both offers are valid with a minimum spend of RM10,000 on customised built-in cabinets or home furniture (including kitchen cabinets, wardrobes, TV cabinets, sofas, dining tables, and mattresses). Terms and conditions apply. Offers valid nationwide from 4 June to 20 July 2025.

Malaysians are invited to experience the full campaign by visiting their nearest Signature Malaysia showroom or participating in any of the events nationwide.

For more information, visit www.signature.my/homefest2025 or follow Signature Malaysia on Facebook, Instagram, TikTok via @signaturemalaysia and Xiaohongshu via @signaturemy.

---END---

 

Thursday, 05 June 2025

Arctic Wolf Expands into Singapore to Meet Rising Demand for AI-Powered Security Operations

Launch continues Arctic Wolf’s Asia-Pacific expansion with Ingram Micro serving as inaugural distributor in Singapore

EDEN PRAIRIE, Minn., June 5 (Bernama) -- Arctic Wolf®, a global leader in security operations, today announced its official launch in Singapore, marking the latest milestone in its ongoing expansion across the Asia-Pacific region. Trusted by more than 10,000 organisations worldwide, Arctic Wolf is transforming how businesses manage cybersecurity by delivering scalable, outcome-driven solutions through its Aurora Platform and Concierge Delivery Model. With today’s launch, organisations in Singapore can now access the company’s full suite of capabilities including Aurora Endpoint Security, Managed Detection and Response, Managed Risk, Managed Security Awareness, and Incident Response.

Page 42 of 2224