Malaysia's Ryt Bank Selects Provenir for AI Risk Decisioning

Malaysia's Ryt Bank Taps Provenir’s AI Platform to Support Lending and Compliance - Fintech Singapore

Provenir has announced that its AI decisioning platform will support Ryt Bank’s credit risk assessments, personalised loan approvals, and automated compliance checks. Ryt Bank, developed by YTL Digital Bank Berhad with backing from Sea Group, positions itself as Malaysia’s first AI-powered digital bank. The bank received its digital banking licence in December 2024 and is currently onboarding users through a public waitlist, with full operations…

Malaysia's Ryt Bank selects Provenir for AI risk decisioning

Provenir, a global artificial intelligence (AI) risk decisioning software firm, announced Tuesday it has partnered with Ryt Bank, a Malaysia-based AI-powered bank, to support the bank’s mission of delivering fast, simple, and innovative banking services. Provenir said in a statement that Ryt Bank has selected the Provenir AI Decisioning Platform to power faster credit decisions and more personalized customer offers for its consumer lending produ…

Ryt Bank taps Provenir for AI credit decisioning platform

Ryt Bank, claimed to be the world’s first AI-powered bank, has teamed up with Provenir, a provider of AI risk decisioning software. The Malaysian bank has chosen Provenir AI Decisioning Platform to facilitate quicker credit assessments and tailor customer offers for its consumer lending services. As a newly licenced digital bank, Ryt Bank sought to rapidly introduce a consumer lending product that reflects its AI-centric strategy. The bank faced…

Ryt Bank Taps Provenir’s AI Platform to Support Lending and Compliance - Fintech News Malaysia

Provenir has announced that its AI decisioning platform will support Ryt Bank’s credit risk assessments, personalised loan approvals, and automated compliance checks. Ryt Bank, developed by YTL Digital Bank Berhad with backing from Sea Group, positions itself as Malaysia’s first AI-powered digital bank. The bank received its digital banking licence in December 2024 and is currently onboarding users through a public waitlist, with full operations…