Lowyat.NET: Latest topics by TOS2

Ryt Bank Updates and Dicussions

TOS2 — Mon, 18 Aug 2025 16:15:10 +0800

QUOTE(cybpsych @ Aug 13 2025, 09:31 AM)

Ryt Bank First Look. Malaysia's first AI-powered Digital Bank

Malaysia’s newest Digital Bank, Ryt Bank, is launching very soon on 26th August but they are now offering early access during the ASEAN AI Malaysia Summit 2025. Although this digital bank is the last among the 5 licensees to roll out to the public, the YTL Group x Sea Limited joint venture is banking on AI as its key differentiator.

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QUOTE(xiaomoon @ Aug 15 2025, 08:16 PM)

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QUOTE(xiaomoon @ Aug 18 2025, 02:56 PM)

3% + 1% pa (for 20k only)
1.2% unlimited cb for oversea, 0% fx

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QUOTE(Skeuomorphic @ Aug 18 2025, 03:27 PM)

the perks for early access currently

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QUOTE(ericlaiys @ Aug 18 2025, 03:33 PM)

https://www.rytbank.my/ryt-promos. click the link inside the url
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QUOTE(xiaomoon @ Aug 18 2025, 03:33 PM)

30/11
https://www.rytbank.my/bonus-interest-campaign
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Continued from previous topic on the 5 MY digital bank licenses: https://forum.lowyat.net/index.php?act=ST&f...#entry112041447

[WTS] Sold

TOS2 — Fri, 31 Jan 2025 10:54:26 +0800

Edit: Sold

KAF Digital Bank Updates & Discussions

TOS2 — Tue, 14 Jan 2025 11:59:29 +0800

QUOTE(TOS2 @ Jan 13 2025, 11:07 PM)

KAF digital bank operations approved by BNM and MOF!

https://www.sinchew.com.my/news/20250113/finance/6217572

Ready for alpha stage testing soon!

https://fintechnews.my/47600/digital-bankin...f-digital-bank/

KAF official press release: https://www.kaf.com.my/Portals/0/KIB/Announ...%20Approval.pdf
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QUOTE(ronnie @ Jan 14 2025, 12:27 AM)

Let's start with 5% p.a. For KAF
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QUOTE(nexona88 @ Jan 14 2025, 08:22 AM)

Please Open up one new Topic for this latest Digital Bank for our discussion ☺️
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As [@nexona88] requested, new thread for KAF digital bank-related discussions and updates. KAF will be the 4th digital bank in Malaysia, after GX Bank (launched Noivember 2023), AEON Bank (May 2024), and BoostBank (June 2024).

Here's what we know thus far from the latest official press release from KAF website:

QUOTE

KAF Investment Bank Berhad Receives License Approval to Commence Operations for KAF Digital Bank

The Islamic digital bank consortium led by KAF Investment Bank Berhad, together with Carsome, MoneyMatch, Jirnexu and StoreHub, announced that they have received
official approval from Bank Negara Malaysia (BNM) and the Ministry of Finance (MoF) for its operating entity KAF Digital Berhad to commence operations as a digital bank,
starting 20th of December 2024. This approval is granted following a comprehensive and successful operational readiness review recently validated by BNM.

The operating entity, which is now formally known as KAF Digital Bank, seeks to deliver a robust and resilient banking infrastructure that underpins the trust and
expectations from Malaysians. Together with the consortium partners, entities which are 100% Malaysian and comprise well-known household names, KAF Digital Bank
aims to serve the people while continuously strive to deliver Shariah compliant innovative banking products and services.

KAF Digital Bank will soon move forward into an Alpha Testing Phase with a small select user group prior to progressing into a Beta Phase with a wider user group. Upon
successful completion of the closed-group testing phases, KAF Digital Bank will be made ready for public sign-ups. We aim to continuously improve our product value
propositions and provide our customers with a secure, safe and efficient banking platform, catering to the evolving needs of today’s tech and financially savvy customers.