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OCBC sets up in-house AI unit with initial investment of S$10m over 3 years

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Published Wed, Mar 14, 2018 · 09:50 PM

    Singapore

    AN in-house unit to develop artificial intelligence (AI) capabilities has been established by OCBC Bank with an initial investment of S$10 million over three years, the lender said on Wednesday.

    AI Lab@TOV, which operates under OCBC's fintech and innovation group, aims to drive the adoption of AI across banking services such as wealth advisory and loans financing.

    Artificial IntelligenceFintech

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