OCBC rolls out its ‘avatar banking’ platform with ‘Wendy’ and ‘Wayne,’ two virtual financial advisors, as banks integrate AI into wealth management

OCBC Bank launched an AI-powered avatar banking platform with virtual advisors Wendy and Wayne, providing 24/7 client access. CEO Tan Teck Long emphasized AI's role in expanding the workforce, with plans to hire 600 new relationship managers. The OCBC WoW app will be rolled out in stages, starting with beta testing, and the bank is investing over one billion Singapore dollars annually in AI.