The Ministry of Finance (MoF) has approved the issuance of a digital banking license to YTL Digital Bank Berhad, a joint venture between YTL Digital Capital Sdn Bhd and Sea Limited.
The next-generation digital bank, operating as Ryt Bank, has received approval to commence operations from 20th of December 2024. The bank will be launched in phases to the public to ensure a smooth rollout.
About Ryt Bank
Ryt Bank is a next-generation AI-powered digital bank led by YTL Digital Capital Sdn Bhd, and Sea Limited, two of Southeast Asia’s most successful companies.
Ryt Bank is committed to transforming the banking landscape in Malaysia by offering innovative products through technology to empower customers and to make banking simple and convenient - one that is as innovative as it is inclusive.
Ryt Bank ~ A bank built by Malaysians, for Malaysians!
- AI-powered customer experienceBy empowering exceptional local talent, they have built a next-generation AI-powered platform that simplifies the customer experience - from fast, seamless onboarding to daily transactions - while delivering personalised and collaborative banking through advanced customer behaviour insights.
- AI-powered private bankerIt is designed to simplify banking services, deliver tailored financial insights, and manage advanced savings strategies. Ryt AI ensures that the unique needs of every customer are met quickly, efficiently, and seamlessly. It is further supported by 24/7 assistance to provide an unparalleled banking experience.
- AI-advanced fund transfer featureUser can initiate and complete fund transfers effortlessly using a single text input. 👀 This streamlined approach saves time and ensures accessibility for a diverse range of users, supporting multiple languages to meet their needs.
In addition to innovation, Ryt Bank places security and transparency at its core. Customers benefit from advanced encryption, multi-layer security, biometric face-matching verification, real-time fraud monitoring, and PIDM protection up to RM250,000 for each depositor.
Ryt Bank’s services also come with no hidden fees, reflecting the bank’s commitment to honesty and trustworthiness.
Excited? The Ryt Bank app is launching soon. Get ready for a new era of banking—one that’s done right!
🏦💴🏦🏦🏦🏦🏦🏦🏦🏦🏦🏦🏦🏦🏦🏦🏦🏦🏦🏦🏦🏦🏦🏦
Follow our active FB page via
Follow our Crowdfunding FB page via
Follow our e-wallet FB page via
Follow our ESG & Sustainable FB page via
No comments:
Post a Comment
Finance Malaysia Blog appreciates your comment. Cheers!