Malaysia launches Ryt Bank, its first AI-powered bank

Artificial intelligence changes the way the banks work. It can scare technology through huge amounts of data, risk calculation, and deal with routine tasks at speeds that people cannot match. Now, Malaysia entered this space with the launch of the Ryt Bank, which was described as the first bank to work in intelligence intelligence in the country.

The new project, led by the YTL group, in partnership with the Sea Limited, arrives directly to MERDEKA. “Ryt Bank explains that the pioneering innovation, its construction and its leadership can be imagined here in Malaysia,” said Dato Siri Yu Suk Hong, Managing Director of YTL Power International. “By combining local artificial intelligence with the values ​​and diversity of our people, we have created a bank that the Malaysians can call their pride – as it speaks our languages, understands our culture, and sets a new standard for banks’ feeling. “

Banking for Malaysians

Ryt Bank is designed to work in languages ​​that most Malaysians use every day. Its application is already available in Bahasa Malaysia and English, with Mandarin support to reach next month (September 2025). By providing multi -language access, the bank aims to make financial services more common and easy to use for people in many different societies.

The axis of the bank in which artificial intelligence works is RYT AI, an ILMU digital assistant, the first large language model developed locally in Malaysia. RYT AI can understand natural conversation – at the Malaysian or English whispering or a mixture of the two – and act on the immediate requests.

Artificial intelligence assistant can read and pay bills, track spending, and explain the financial basics in clear terms. The idea is to mix comfort with cultural familiarity, while maintaining degrees security at the level of the institution.

Each day of bank artificial intelligence in one application

Ryt Bank is designed to collect multiple financial needs in one platform. Customers can use the AI ​​Bank app to provide bills, spending, borrowing and payment of bills, as Ryt AI makes the process more recent and personal.

Personal banking services with RYT AI

• Send money or pay bills through text chat, with DuitNow and JOMPAY support.
• Capture and download invoices or receipts for immediate payment.
• Simple access and financial explanations during your bank.
• All procedures are encrypted and check.
• New users can claim a small launch bonus up to RM5 when they try Ryt AI.

The increase in money

• Customers earn up to 4 % interest per year, and this is due daily.
• Withdrawal of money at any time, with no lock requirements.

Ryt Paylater

• Access to immediate credit up to 1,499 Malaysian Rangeit.
• 0 % interest if paid in one month.
• No late fees or papers.
• Earn cash recovery for DuitNow QR payments and additional bonuses with chosen partners.

RYT Card

• Switching between discount models and credit cards in the application.
• Acceptable all over the world through the visa.
• There are no foreign drawings or ATMs in Malaysia.
• Cash recovery on spending, as well as partner offers such as Shopee vouchers and YTL dining discounts.

[See also: Can Malaysia become Southeast Asia’s AI and cloud hub?]

Banking services under the bank’s bases Nigara

Artificial Intelligence Bank was licensed by Nigeria Malaysia and covered PIDM, which protects deposits of up to 250,000 Malaysian Rangeette for each customer. Security features include biometric login, class encryption, and actual time fraud.

A step forward for the banking sector in Malaysia

Ryt Bank shows how artificial intelligence is used to rethink traditional banking services. It aims to make financial services easier and meet organizational and security standards by supporting local languages ​​and developing their artificial intelligence assistants.

See also: Huawei is obligated to train 300,000 professionals of artificial intelligence with the expansion of the ecosystem of local technology

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