OCBC rolling out AI to cut private banking onboarding time

OCBC said HELIOS completes much of know-your-customer due diligence before relationship managers engage prospective clients.

OCBC said HELIOS completes much of know-your-customer due diligence before relationship managers engage prospective clients.
South East Water must pay £30.5m after supply interruptions hit thousands of its customers across Kent and Sussex. Water regulator Ofwat said this follows the conclusion of three investigations into the company’s repeated failures. The redress package will be paid for by the firm’s shareholders and not through customer bills. A spokesperson for the water…
CNBC’s Jim Cramer said Tuesday that Wall Street is taking profits in this year’s biggest AI infrastructure winners and rotating into stocks of companies with growth drivers away from the data center. “You can call it a broadening,” the “Mad Money” host said. “Or you can call it fleeing.” Stocks tied to the artificial intelligence…
Nernst Electric, an Irish startup developing on-site oxygen generation for fish farms, has raised a €1.7 million ($2 million) Seed investment from Hatch Blue’s Blue Revolution Fund. Hatch Blue is a Cork-based investment firm specialising in aquaculture. Nernst first joined the Hatch Blue portfolio in July 2025, receiving pre-Seed funding from Hatch Accelerator Fund II…
SpaceX‘s blockbuster debut on the public markets was widely seen as the event that would reopen the door for billion-dollar technology initial public offerings, but now the aerospace giant’s declining share price is cooling investor enthusiasm for the next generation of mega IPOs. Shares of Elon Musk’s rocket and satellite company traded below $124 on…
Prasanna Sankar, founder of 0xPPL and co-founder of HR software platform Rippling, has launched a new AI startup, Vorflux, raising $15 million in a seed funding round led by Y Combinator, Peak XV Partners, Powerset, Alliance, and angel investors including Parker Conrad, Immad Akhund, and Balaji Srinivasan. According to Sankar’s LinkedIn post, Vorflux is building…
“His proposal involves a proprietary equity hedge strategy to manage $700,000 of my assets.”