Finance

First look at Ryt Bank, Malaysia’s first digital bank powered by AI

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First look at Ryt Bank, Malaysia’s first digital bank powered by AI

AI Summary

Ryt Bank, Malaysia's latest digital bank, is launching soon and offering early access at the Asean AI Malaysia Summit 2025. A joint venture between YTL Group and Sea Limited, Ryt Bank emphasizes AI. Users can join the waitlist via the app or sign up instantly at the YTL AI Labs booth at MITEC on August 12th and 13th. The onboarding process takes approximately two minutes and includes eKYC. Currently, Ryt Bank offers a savings account, a Visa debit card, and a limited-edition Ryt Card with various designs coming soon. Users can utilize the virtual card while waiting for the physical card, which has a RM12 issuance fee.

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