KUALA LUMPUR: Eighteen banking institutions have confirmed participation in the Phase 2 Sandbox for the phased, orderly integration of MyDigital ID into the financial sector, in line with international best practices.
The Phase 2 Sandbox is currently underway to test the new MyDigital ID technology, e-verification, which is the mechanism for verifying a user’s identity when opening a new account and conducting secure real-time banking transactions.
