The Philippine Statistics Authority has expanded the use of the country’s national ID across three financial technology providers, giving customers more ways to verify their identity online. The agreements, announced on Thursday, cover services ranging from opening a rural bank account to checking a credit report.
Salmon Bank and digital payments company ARX signed agreements with the authority on 13 October. Island Credit Solution joined the programme in September through its CreditMo platform. The authority said the three providers had integrated its National ID Authentication Services into their systems.
A simpler route to a bank account
People registered with the national ID system can now use their credentials to verify their identity in the Salmon app when opening an account. CreditMo uses the same authentication service to give customers access to their credit reports, scores and histories. ARX Pay has integrated it for real-time identity checks on its business-to-business platform.
The statistics authority said around 94.4 million people had registered for the national ID. It also reported 44 million identity checks in the financial sector as of 31 August. That figure counts verification events, which can include multiple checks for the same person.
Central bank weighs wider adoption
The Bangko Sentral ng Pilipinas already requires supervised financial institutions to accept the physical card, paper version and digital national ID as proof of identity. A separate proposal would require banks and other financial institutions to use the national authentication service when opening accounts, taking on customers and updating records.
For someone opening a first account, the practical change is that a participating bank can check their identity through its app using a credential they already hold. The central bank’s proposal would extend that verification process across more institutions, while the existing rules continue to allow customers to present their national ID in any of its three formats.
NewsHub Finance | Financial Inclusion | 13 November 2026
The Philippine Statistics Authority has expanded the use of the country’s national ID across three financial technology providers, giving customers more ways to verify their identity online. The agreements, announced on Thursday, cover services ranging from opening a rural bank account to checking a credit report.
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