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Sunday, October 19, 2025
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Ryt Bank, The World’s First AI-Powered Bank, Selects Provenir for AI Risk Decisioning

The Provenir Ryt Bank Partnership is redefining AI-powered digital lending in Malaysia. Provenir’s AI Decisioning Platform will help Ryt Bank achieve its goal of providing smarter, more accessible banking by speeding up and customising credit approvals and making compliance easier.

Ryt Bank has selected the Provenir AI Decisioning Platform to power faster credit decisions and more personalized customer offers for its consumer lending products.

As a newly licensed digital bank, Ryt Bank aimed to rapidly launch a consumer lending product that aligns with its AI-first approach. The challenge was to implement a decisioning infrastructure capable of delivering instant, personalized loan approvals while ensuring compliance with regulatory standards and risk management best practices.

Ryt Bank selected Provenir’s AI Decisioning Platform to support real-time credit risk assessment for instant loan approvals, and for its ability to surface data insights for personalized loan offers based on AI-driven customer profiling. Provenir will also play a crucial role in automating compliance checks to meet regulatory requirements while providing continuous learning models to adapt to changing market dynamics.

The Provenir Ryt Bank Partnership integrates real-time risk assessment and AI-driven personalization into the bank’s consumer lending strategy.

Finally, Provenir will support fast, accurate decisions to elevate the customer experience, supporting Ryt Bank’s mission to deliver smarter, faster finance and create meaningful impact for all Malaysians.

“Ryt Bank is taking digital banking to a new level with its AI-first approach and we are excited to be a part of its journey,” said Kavinesswaran Karthigasan, Head of APAC, Provenir. “Our AI Decisioning Platform will provide the foundation for Ryt Bank to help reach its business goals via AI-driven decisioning that meets customer expectations for near instant approvals and highly personalized digital interactions.”

With the Provenir Ryt Bank Partnership, Ryt Bank can give you smarter money management and instant approvals, which is a step forward for AI-powered banking in Malaysia.

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