In a bold move to redefine digital banking from the ground up, Malaysia’s newly licensed Ryt Bank—touting itself as the world’s first AI-powered bank—has partnered with AI risk decisioning specialist Provenir to supercharge its consumer lending operations.

The partnership will see Ryt Bank deploy Provenir’s AI Decisioning Platform to power real-time credit decisions, deliver hyper-personalized loan offers, and automate compliance processes—all key components of its strategy to bring “banking done right” to life.

AI-First Banking Needs AI-First Infrastructure

Launching a digital bank in 2025 is no small feat. Launching one with an AI-first mandate is something else entirely.

Ryt Bank, still fresh out of licensing, needed a decisioning system capable of supporting its AI-native approach to consumer lending. That meant instant credit risk evaluations, dynamically personalized offers, and seamless compliance—all without sacrificing customer experience or regulatory rigor.

Provenir’s platform ticked all the boxes.

“We’re building a bank that’s faster, smarter, and focused on delivering real financial impact to everyday Malaysians,” said a spokesperson for Ryt Bank. “Provenir’s platform gives us the intelligence layer we need to make that happen in real time.”

What Provenir Brings to the Table

At the core of this integration is Provenir’s AI Decisioning Platform, a real-time engine that evaluates risk, profiles customers using dynamic data models, and delivers near-instant credit decisions. It’s already used by fintechs and banks across 50+ countries—and its latest customer signals growing traction in Southeast Asia.

In Ryt Bank’s case, the platform serves four key functions:

1. Real-time credit risk assessment for instant loan approvals
2. AI-powered customer profiling to generate personalized loan offers
3. Automated compliance checks to meet regulatory standards
4. Continuous learning models that adapt to market shifts and evolving customer behaviors

“The speed, simplicity, and intelligence that Ryt Bank is bringing to Malaysian banking is precisely what our platform is built to enable,” said Kavinesswaran Karthigasan, Head of APAC at Provenir. “They’re not just digitizing banking—they’re reinventing it.”

Southeast Asia’s Fintech Moment

This announcement reflects a larger trend: Southeast Asia is becoming a hotbed for AI-powered fintech innovation. With regulators increasingly open to digital-first banking models and mobile adoption soaring, the region is fertile ground for startups looking to leapfrog traditional infrastructure.

Ryt Bank is clearly one of those players. With the backing of Provenir’s decisioning tech, it’s now positioned to go head-to-head with both traditional banks and regional challengers alike.

The Provenir deal also helps Ryt Bank de-risk its scale-up by embedding regulatory compliance directly into its core workflows—an essential move in markets where licensing and oversight can shift rapidly.

Real-Time Banking Is No Longer Optional

For customers used to waiting days for credit approvals or wading through generic loan offers, Ryt Bank’s approach is a welcome change. And for Provenir, it’s another validation point in a market increasingly demanding real-time, personalized, and compliant financial services.

With this partnership, both companies are betting big on the idea that AI-powered decisioning isn’t a future feature—it’s a baseline requirement for modern banking.