YTL, SEA Launch Ryt Bank, World’s First AI-Powered Bank
KUALA LUMPUR, Aug 25 (Bernama) -- YTL Group and SEA Ltd have launched Ryt Bank, the world’s first artificial intelligence (AI)-powered bank, combining advanced technology with Malaysia’s values, languages and lifestyles.
YTL Power International managing director Datuk Seri Yeoh Seok Hong said Ryt Bank showed that transformative innovation could be conceived, built and led in Malaysia.
“By combining homegrown AI with the values and diversity of our people, we have created a bank Malaysians can proudly call their own – one that speaks our languages, understands our culture and sets a new standard for how banking should feel,” he said in a statement.
The bank’s app currently supports Bahasa Malaysia and English, with Mandarin to be added by September 2025.
The statement said this multilingual approach bridges cultures and communities, ensuring money management is accessible, intuitive and personal, while enhancing security and familiarity.
“At the heart of Ryt Bank is Ryt AI, an always-on banking assistant powered by ILMU, Malaysia’s first homegrown large language model," it said.
-- BERNAMA