Digital ID and e-KYC
Public Sector Infocomm Seminar
Use Cases of Digital ID and e-KYC

On-boarding of new customers
Financial institutions can use MyInfo to streamline customer on-boarding, with the customer’s explicit consent.

Authentication of customers
Log in with your fingerprint using SingPass Mobile. Say goodbye to passwords and tokens.

Digital authorisations and signatures
Enables end-to-end digital experience, truly paperless and presence-less.
MAS Initiatives
Digital ID and e-KYC 101

Non-face-to-face Customer Identification
With MyInfo, financial institutions will not be required to obtain physical documents to verify a customer’s identity and will also not be expected to separately obtain a photograph of the customer.

APIs for experimentation
The NDI Developer and Partner Portal enables developers to access NDI API specifications and use the sandbox to experiment, build and test solutions quickly and securely.
Benefits of Digital ID & e-KYC

Straight-through efficiency
Allows financial institutions to develop integrated services (such as account opening) for straight-through processing.

Secure API connectivity
Provides transactional security that can enable higher assurance transactions than is commonly available today.

Better customer experience
Paperless, presence-less, seamless customer journey with Digital ID and e-KYC.