Overview
OCBC Bank is Southeast Asia’s second-largest bank (Singapore). Pilot participant in swift-cooperative tokenised deposit ledger; launching AI-native wealth management via ocbc-wow app.
Tokenized Deposits (September 2026)
- 2026-09-10: Completed first live SGD interbank transactions with dbs and uob on Swift’s blockchain ledger (2026-09-14-singapore-banks-swift-ocbc-primary)
- Carmen Chan (Deputy Head Global Transaction Banking): industry collaboration demonstrates shared-ledger payment capabilities
Wealth Strategy (2026)
- OCBC WoW: AI avatar wealth app (Wendy, Wayne) — beta July 2026
- Hiring: 600 additional relationship managers over 3 years
- Target: Double consumer wealth income by 2029
- Investment: North of S$1B/year on AI, digital, data
Hybrid model: AI handles 24/7 engagement; humans for complex advisory.
Related
- dbs
- uob
- swift-cooperative
- tokenized-deposits
- singapore-tokenized-deposits
- ocbc-wow
- banking-automation
- fintech-ai
- enterprise-ai