Provenir Powers AI-driven Lending Revolution At Malaysia's Ryt Bank
The Provenir AI Decisioning Platform enables Ryt Bank to deliver instant loan approvals while automating regulatory compliance and adapting to evolving market risks, according to a statement.
Provenir Head of APAC, Kavinesswaran Karthigasan said: 'Ryt Bank is redefining digital banking, and we are proud to fuel that transformation.

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


The Sun
a few seconds ago
- The Sun
Raja Muda of Perlis urges digital literacy via NADI hubs
PADANG BESAR: The Raja Muda of Perlis, Tuanku Syed Faizuddin Putra Jamalullail, encouraged residents to maximise the benefits of National Information Dissemination Centres (NADI) for personal and community growth. He highlighted the role of 17 NADI centres across Perlis as vital hubs for training, information access, and guidance. 'Let us together take advantage of this opportunity to build a more digitally literate, competitive and progressive society,' he said during the Perlis Connect programme launch. The event was attended by Perlis State Legislative Assembly Speaker Rus'sele Eizan and Communications Ministry Secretary-General Datuk Seri Mohamad Fauzi Md Isa. Also present were MCMC member Gen (Rtd) Tan Sri Zulkifeli Mohd Zin and Bernama CEO Datin Paduka Nur-ul Afida Kamaludin. Tuanku Syed Faizuddin emphasised that Perlis Connect aims to ensure digital inclusion for all, regardless of background or location. 'The firm commitment shown by the Ministry of Communications, the MCMC, Bernama, telecommunications companies and strategic partners is truly commendable,' he added. He noted that digital advancements are bridging gaps between urban and rural areas, creating jobs and improving livelihoods. The initiative symbolises successful collaboration to ensure widespread digital benefits, he said. 'This integrated effort should be continued and expanded to ensure a continuous impact on the people,' he stressed. The programme includes public engagement sessions, cybersecurity awareness, and e-learning opportunities. Tuanku Syed Faizuddin highlighted that digital transformation goes beyond infrastructure, requiring trust and ethical practices. 'I envision a younger generation that is tech-savvy, confident senior citizens and youth with leadership spirit and responsibility,' he said. Perlis Connect, a joint effort by MCMC and Bernama, educates the public on safe internet usage and roaming awareness. It also promotes NADI facilities and supports local entrepreneurs in marketing their products. The event featured pocket talks on anti-bullying, reinforcing government efforts to curb bullying among students. - Bernama

Barnama
an hour ago
- Barnama
Tabung Haji Rejects Claim Of RM20 Million Spent On Rebranding
KUALA LUMPUR, Aug 16 (Bernama) -- Lembaga Tabung Haji (TH) has rejected as false and defamatory allegations that it spent RM20 million on rebranding. In a statement, TH clarified that the actual cost for the brand rejuvenation process was RM2 million per year over a three-year period. 'Efforts to strengthen the brand have been carried out several times as an important investment to change mindsets and attract Muslims to save systematically in order to meet the requirements for performing the haj,' it said. TH said the rebranding process also involved market surveys and engagement with depositors to better understand their needs while taking into account demographic shifts within the Muslim community in Malaysia. 'The claim that TH need not strengthen its well-known brand after 60 years of operation is also inaccurate,' according to the statement. To date, TH has 9.6 million depositors, representing about half of the country's Muslim population. According to TH, more than 53 per cent of depositors had savings of less than RM1,300, far below the estimated RM15,000 required for a pilgrim from the B40 group to perform the haj in 2025. 'Over 80 per cent of depositors' financial transactions are carried out online. Therefore, TH plans to launch a campaign to encourage Muslims to save early, consistently and systematically to build sufficient savings, while ensuring stable investments for the institution's sustainability,' the statement said. TH also said its Board of Directors had decided to review the agency's strategy to remain competitive, provide better services and attract more young Muslims as depositors.

Barnama
an hour ago
- Barnama
Sarawak Women Empowered Through MARA Initiatives
KAPIT, Aug 16 (Bernama) -- Bumiputera women entrepreneurs in Sarawak continue to be empowered through various initiatives by Majlis Amanah Rakyat (MARA), including financing facilities, business premises and training programmes. Deputy Rural and Regional Development Minister Datuk Rubiah Wang said MARA has allocated RM33 million this year to 1,156 entrepreneurs in Sarawak, including RM955,000 under the DanaNITA scheme, which benefited 26 women entrepreneurs up to July. 'As of July 2025, a total of 243 entrepreneurs received financing totalling RM30.1 million, including 92 women entrepreneurs involving RM6.8 million. 'Today alone, nine women entrepreneurs in Kapit received financing under several MARA schemes amounting to RM377,700,' she said when officiating the Kapit Division Women Empowerment Programme 2025 at Dewan Suarah here today. Apart from financing, MARA has provided 383 business premises in Sarawak with a 96 per cent occupancy rate as of July, involving 158 women entrepreneurs with sales totalling RM53.4 million and generating 1,045 job opportunities. The Kota Samarahan MP said MARA has also implemented business digitalisation initiatives with an allocation of RM1.2 million through the MERIT, BEST, DIGITALBIZ and ADAPT programmes, which have benefited 398 entrepreneurs with grants worth RM875,000 as of July. Rubiah said women's roles are no longer confined to the kitchen but are now central to national economic development, in line with the MARA Community Women Empowerment Action Plan 2025-2030, which outlines 17 strategic initiatives covering skills training, financing and digital marketing. 'Women who rock the cradle can move the world. Therefore, I hope this Women Empowerment Programme will serve as a catalyst to bring MARA closer to the people and support more Bumiputera women entrepreneurs in Sarawak,' she added. -- BERNAMA