Malaysia has unveiled Ryt Bank, the world's first AI-powered bank, which combines AI innovation with cultural intelligence suitable for Malaysian values, languages, and lifestyles.
"Ryt Bank demonstrates that groundbreaking innovation can be imagined, built, and led right here in Malaysia. By combining homegrown AI with the values and diversity of our people, we've created a bank that Malaysians can proudly call their own – one that speaks our languages, understands our culture, and sets a new standard for how banking should feel," said Dato' Seri Yeoh Seok Hong, managing director, YTL Power International.
AI-powered banking
YTL Group, in collaboration with Sea Limited, is leading the charge with Ryt Bank, a platform that aims to be inclusive. With a multilingual approach, Ryt Bank ensures that Malaysians can bank comfortably in their preferred language. With in-app access in Bahasa Malaysia and English, and Mandarin set to be available by September 2025, Ryt Bank is committed to making money management accessible, personal, and intuitive.
Ryt Bank is powered by Ryt AI, an always-on banking assistant that's more than just a tool-it's a companion. Powered by ILMU, Malaysia's first homegrown large language model, Ryt AI can instantly address everyday banking needs and understand natural conversations in various languages, including Bahasa Malaysia, English, and even Manglish. It's designed to adapt to users' habits, preferences, and languages, making every interaction feel personal and intuitive.
It also includes savings guides and finance basics, explained in Malaysian languages, facilitating access to financial literacy.
To maintain security, the bank ensures that every action is verified and encrypted before it's completed.
Users candownload Ryt Bank today from the App Store or Google Play.
