# AI-Powered Banks Ryt Bank Features a Smart, Secure Banking Assistant By Laura McQuarrie | Published 2025-08-28 | Tech Source: Trend Hunter, https://www.trendhunter.com/trends/ryt-bank References: [en.prnasia](https://en.prnasia.com/releases/apac/malaysia-launches-ryt-bank-the-world-s-first-ai-powered-bank-500719.shtml) & [rytbank.my](http://www.rytbank.my)  Ryt Bank is introducing itself to the world as a first-of-its-kind [AI-powered bank](https://www.trendhunter.com/trends/amina-bank) made by Malaysians, for Malaysians, and personalization is at the heart of the experience. Led by YTL Group in partnership with Sea Limited, Ryt Bank features Ryt AI, a [smart and secure banking assistant](https://www.trendhunter.com/trends/aipowered-financial-assistant) powered by ILMU, Malaysia's first homegrown large language model. Ryt AI understands Bahasa Malaysia, English, and even Manglish, and helps with everything from paying bills and [tracking spending](https://www.trendhunter.com/trends/rolly-ai-money-tracker) to helping people understand the basics of finance. "By combining homegrown AI with the values and diversity of our people, we've created a bank that Malaysians can proudly call their own—one that speaks our languages, understands our culture, and sets a new standard for how banking should feel," said Dato' Seri Yeoh Seok Hong, Managing Director, YTL Power International. ## Trend Insights (Trend Hunter) - Score: 4.2/10 - Popularity: 39% | Activity: 39% | Freshness: 47% - Audience gender: 50% men, 50% women - Primary generations: Millennial - Top markets: Asia ## Categories [Trend Hunter](https://www.trendhunter.com/trends) > [Tech](https://www.trendhunter.com/tech) > [AI](https://www.trendhunter.com/ai) ## Key Themes ### What's Driving This Trend - **Hyper-personalized Banking:** AI-powered assistants enable banking experiences that are tailored to individual cultural and language preferences. - **Multilingual AI Integration:** Banks are adopting AI that comprehends multiple languages and dialects, facilitating broader communication with diverse populations. - **Cultural Resonance in Fintech:** There's a shift towards fintech solutions that incorporate local cultural elements, strengthening customer engagement and loyalty. ### Who This Affects Most - **Digital Banking:** Digital banks are leveraging advanced AI technologies to deliver more intuitive and context-aware financial services. - **Fintech Solutions:** The fintech industry is rapidly evolving with integrations of localized language processing capabilities to enhance user experiences. - **AI Development:** The AI industry is advancing by developing models that are proficient in understanding and responding to diverse linguistic nuances. ## Related on Trend Hunter - [AI-Fueled Finance Apps](https://www.trendhunter.com/trends/aifueled-finance-apps.md) - [AI Financial Assistants](https://www.trendhunter.com/trends/sermoai.md) - [Conversational AI Banking Apps](https://www.trendhunter.com/trends/ai-banking-app.md) - [AI-Crafted Banking Ads](https://www.trendhunter.com/trends/ai-ads-by-bank.md) - [AI-Native Banking Platforms](https://www.trendhunter.com/trends/ainative-banking-platform.md) - [Banking AI Assistants](https://www.trendhunter.com/trends/lloyds-bank.md) - [Agentic Banking Platforms](https://www.trendhunter.com/trends/banking-platform.md) - [AI-Powered Digital Banks](https://www.trendhunter.com/trends/revolut-2.md) - [Simplicity-Focused Mobile Banking Apps](https://www.trendhunter.com/trends/mobile-banking-apps.md)