HONG KONG, May 11, 2026 /PRNewswire/ -- Tencent Cloud, the cloud business of global technology company Tencent, today announced it has partnered with Ryt Bank, the world's first AI-powered bank in Malaysia, delivers a conversational banking experience for everyday payments. Leveraging Tencent Cloud Chat (IM) as its real-time communication foundation, Ryt Bank will deliver an advanced conversational banking experience to users in Malaysia, ensuring the secure and stable transmission of AI commands and transaction information.
Shaping the Next Chapter of Digital Banking
Ryt Bank was established to reimagine how modern digital banking should work – where financial services are fast, intuitive, and always available. The goal is to reduce unnecessary complexity in everyday banking interactions, achieving a "Zero User Interface (Zero-UI)" model where a traditional 8-step process is reduced to a single sentence. For example, instead of navigating complex menus, users can simply state, "Send RM100 to Amelia," and the system executes the transaction. To support this, Ryt Bank partnered with Tencent Cloud. Its conversational platform utilizes Tencent Cloud Chat (IM), which is built on the same messaging technology that powers the Tencent ecosystem globally, serving over 1 billion monthly active users and processing more than 550 billion messages per day at peak.
Driving Rapid Growth with Proven Performance
Building on this foundation, Tencent Cloud provides a comprehensive suite of features to ensure business continuity and a seamless user experience. This stability proved critical on the launch day of Ryt Bank, when Tencent Cloud Chat (IM) supported the platform in managing a traffic surge from 50,000 active users with zero downtime. This robust performance has fueled Ryt Bank's rapid growth. In just over 7 months since its launch, the bank has surpassed 1.2 million users, with nearly half of Ryt Bank customers actively engaging with its core innovation, Ryt AI. Developed in partnership with YTL AI Labs and built on ILMU, Malaysia's sovereign AI model, Ryt AI has become an integral part of users' daily banking experience, enabling conversational banking at scale.
Ensuring Enhanced Security and Global Reach
Security and compliance remain paramount in the financial industry. Tencent Cloud Chat (IM) offers a stable and reliable communication infrastructure to protect every transaction with enhanced security. All data is protected with end-to-end, high-performance encryption and supports complete message auditing for full traceability, ensuring the process is safe, seamless, and meets stringent banking standards. With a global network of over 3,200 acceleration edge nodes and localized infrastructure, Tencent Cloud delivers a smooth, low-latency user experience. The platform's support for Malay, English, and Chinese further enables Ryt Bank to serve its diverse user base effectively.
Kenneth Siow, Regional Director for Southeast Asia and General Manager for Singapore & Malaysia at Tencent Cloud International said, "Southeast Asia is a key hub for digital innovation, and we are proud to support ambitious pioneers like Ryt Bank in creating a future-forward banking experience. This collaboration highlights our commitment to empower local businesses in Malaysia and across the region to build the next generation of services by providing the robust and high-speed infrastructure they need to create enhanced customer experiences."
Wilson Soon, interim CEO of Ryt Bank said, "Our mission is to empower Malaysians to drive intelligent, AI-powered banking, delivering smarter, faster finance and real impact for all. Tencent Cloud has been a strategic partner in achieving this goal. The Tencent Cloud Chat (IM) feature was straightforward to integrate, providing the stable, low-latency communication required to handle high-concurrency transactions smoothly, which is fundamental to our growth and our ability to strengthen customer trust."
Tencent Cloud is dedicated to empowering the global enterprise community through its advanced, high-performance solutions. With a fast-growing international presence covering over 80 countries and regions, Tencent Cloud will continue to introduce its core technologies to overseas markets, helping clients across industries accelerate their intelligent transformation and achieve sustainable business growth.
About Tencent Cloud:
Tencent Cloud, one of the world's leading cloud companies, is committed to creating innovative solutions to resolve real-world issues and enabling digital transformation for smart industries. Through our extensive global infrastructure, Tencent Cloud provides businesses across the globe with stable and secure industry-leading cloud products and services, leveraging technological advancements such as cloud computing, Big Data analytics, AI, IoT, and network security. It is our constant mission to meet the needs of industries across the board, including the fields of gaming, media and entertainment, finance, healthcare, property, retail, travel, and transportation.
About Ryt Bank:
Ryt Bank is a next-generation AI-powered digital bank backed by YTL Power International Berhad, in partnership with Sea Limited. Ryt Bank is committed to making banking simple, intuitive and accessible for all Malaysians through technology.
** This press release is distributed by PR Newswire through automated distribution system, for which the client assumes full responsibility. **
Tencent Cloud Partners with Ryt Bank to Deliver AI-Powered Banking in Malaysia
Tencent Cloud Partners with Ryt Bank to Deliver AI-Powered Banking in Malaysia
Tencent Cloud Partners with Ryt Bank to Deliver AI-Powered Banking in Malaysia
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Avalere Health Japan is designed with the full healthcare experience in mind, launching with an elite integrated team that brings together market access, medical, and marketing specialists, along with strategic consulting expertise.
TOKYO, May 11, 2026 /PRNewswire/ -- Avalere Health, a global strategic partner for the healthcare industry, today announces the launch of its Japan office. The move marks a significant expansion of Avalere Health's global footprint, and the launch of a new strategic offering is designed to support Japanese biopharmaceutical companies end-to-end across the product lifecycle.
"The Japanese domestic drug market is witnessing explosive growth driven by oncology drugs with high demand for diabetes, immunology, and rare disease areas. These are therapeutic areas where Avalere Health has deeply entrenched expertise. Opening an office in the region is a natural progression, but more than that, it contributes to our global promise, commitment, and ability to reach every patient possible," says Amar Urhekar, CEO.
Situated in the heart of Tokyo and led by IPG veteran Junji Yokokawa, Avalere Health Japan offers a unique proposition for biopharmaceutical clients. Unlike small agencies or large network offerings, Avalere Health Japan has been perfectly formed to provide integrated solutions to healthcare's greatest challenges from day one. They will be supported by Avalere Health's global leadership team's extensive experience of building networks and agencies in the Asia-Pacific region. Urhekar spent five years as President, Japan and EVP Asia Pacific with McCann Healthcare Worldwide, as well as a further five years of senior positions within the region.
Avalere Health Japan's nimble team unite healthcare marketing, market access, and medical expertise to address the complexities of healthcare product launches in Japan. Combining deep knowledge of the Japanese landscape with global best practices, its experts support biopharmaceutical clients to navigate complex regulatory, pricing, physician, and patient engagement challenges – accelerating access, demonstrating value, and achieving stronger, more sustainable success at launch and beyond.
"I'm incredibly excited to join Avalere Health – a deeply purposeful organization with a steadfast commitment to reaching every patient possible. Japan has one of the most advanced healthcare systems in the world, a fact I'm truly proud of. However, we face immense pressures, including a rapidly aging society, financial barriers for patients, and rural access gaps. We have brought together an incredible team thoughtfully structured for collaboration with the ideal mix of expertise for both driving commercial success and making a real difference for patients across the region," says Yokokawa.
"We have carefully selected leading experts with the right mix of skills to navigate the nuanced healthcare challenges of the region, creating a team positioned to drive real change across the healthcare continuum," adds Urhekar.
The organization's approach is grounded in scientific excellence, precise execution, and culturally attuned engagement with Japanese physicians and healthcare stakeholders. By combining rigorous compliance, high-quality medical communication, and tailored omnichannel engagement, Avalere Health helps its clients maximize value, mitigate risk, and build enduring impact.
About Avalere Health
United by one profound purpose: to reach EVERY PATIENT POSSIBLE. Avalere Health ensures every patient is identified, treated, supported, and cared for. Equally.
Its Advisory, Medical, and Marketing teams come together – powerfully and intentionally – to forge unconventional connections, building a future where healthcare is not a barrier and no patient is left behind.
Avalere Health is a global strategic partner, perfectly formed to solve the biggest challenges in health—at pace and at scale. United across the product lifecycle, the organization is uniquely positioned to understand every angle of life, health, and the human condition.
Visit www.avalerehealth.com and follow Avalere Health on LinkedIn.
Photo - https://mma.prnasia.com/media2/2975956/Avalere_Health_Junji_Yokokawa_and_Amar_Urhekar.jpg?p=medium600
Photo - https://mma.prnasia.com/media2/2975957/Avalere_Health_announces_expansion_to_Japan.jpg?p=medium600
Logo - https://mma.prnasia.com/media2/2088656/Avalere_Health_LogoV3_Color_Logo.jpg?p=medium600
Avalere Health Japan is designed with the full healthcare experience in mind, launching with an elite integrated team that brings together market access, medical, and marketing specialists, along with strategic consulting expertise.
TOKYO, May 11, 2026 /PRNewswire/ -- Avalere Health, a global strategic partner for the healthcare industry, today announces the launch of its Japan office. The move marks a significant expansion of Avalere Health's global footprint, and the launch of a new strategic offering is designed to support Japanese biopharmaceutical companies end-to-end across the product lifecycle.
"The Japanese domestic drug market is witnessing explosive growth driven by oncology drugs with high demand for diabetes, immunology, and rare disease areas. These are therapeutic areas where Avalere Health has deeply entrenched expertise. Opening an office in the region is a natural progression, but more than that, it contributes to our global promise, commitment, and ability to reach every patient possible," says Amar Urhekar, CEO.
Situated in the heart of Tokyo and led by IPG veteran Junji Yokokawa, Avalere Health Japan offers a unique proposition for biopharmaceutical clients. Unlike small agencies or large network offerings, Avalere Health Japan has been perfectly formed to provide integrated solutions to healthcare's greatest challenges from day one. They will be supported by Avalere Health's global leadership team's extensive experience of building networks and agencies in the Asia-Pacific region. Urhekar spent five years as President, Japan and EVP Asia Pacific with McCann Healthcare Worldwide, as well as a further five years of senior positions within the region.
Avalere Health Japan's nimble team unite healthcare marketing, market access, and medical expertise to address the complexities of healthcare product launches in Japan. Combining deep knowledge of the Japanese landscape with global best practices, its experts support biopharmaceutical clients to navigate complex regulatory, pricing, physician, and patient engagement challenges – accelerating access, demonstrating value, and achieving stronger, more sustainable success at launch and beyond.
"I'm incredibly excited to join Avalere Health – a deeply purposeful organization with a steadfast commitment to reaching every patient possible. Japan has one of the most advanced healthcare systems in the world, a fact I'm truly proud of. However, we face immense pressures, including a rapidly aging society, financial barriers for patients, and rural access gaps. We have brought together an incredible team thoughtfully structured for collaboration with the ideal mix of expertise for both driving commercial success and making a real difference for patients across the region," says Yokokawa.
"We have carefully selected leading experts with the right mix of skills to navigate the nuanced healthcare challenges of the region, creating a team positioned to drive real change across the healthcare continuum," adds Urhekar.
The organization's approach is grounded in scientific excellence, precise execution, and culturally attuned engagement with Japanese physicians and healthcare stakeholders. By combining rigorous compliance, high-quality medical communication, and tailored omnichannel engagement, Avalere Health helps its clients maximize value, mitigate risk, and build enduring impact.
About Avalere Health
United by one profound purpose: to reach EVERY PATIENT POSSIBLE. Avalere Health ensures every patient is identified, treated, supported, and cared for. Equally.
Its Advisory, Medical, and Marketing teams come together – powerfully and intentionally – to forge unconventional connections, building a future where healthcare is not a barrier and no patient is left behind.
Avalere Health is a global strategic partner, perfectly formed to solve the biggest challenges in health—at pace and at scale. United across the product lifecycle, the organization is uniquely positioned to understand every angle of life, health, and the human condition.
Visit www.avalerehealth.com and follow Avalere Health on LinkedIn.
Photo - https://mma.prnasia.com/media2/2975956/Avalere_Health_Junji_Yokokawa_and_Amar_Urhekar.jpg?p=medium600
Photo - https://mma.prnasia.com/media2/2975957/Avalere_Health_announces_expansion_to_Japan.jpg?p=medium600
Logo - https://mma.prnasia.com/media2/2088656/Avalere_Health_LogoV3_Color_Logo.jpg?p=medium600
** This press release is distributed by PR Newswire through automated distribution system, for which the client assumes full responsibility. **
Avalere Health expands to Japan with a full-service Advisory, Medical, and Marketing offering, led by industry veteran Junji Yokokawa
Avalere Health expands to Japan with a full-service Advisory, Medical, and Marketing offering, led by industry veteran Junji Yokokawa
