THE BANGKO SENTRAL ng Pilipinas (BSP) wants its supervised financial institutions to integrate the National ID Authentication Services (NIDAS) into their customer due diligence (CDD) protocols. “NIDAS enables BSIs to leverage the National ID for more accurate, secure, and efficient customer identification and verification, strengthening know-your-customer processes,” it added. Those that have yet to complete their NIDAS onboarding should use the National ID Check platform to verify clients’ National ID. “Where CDD is conducted through NIDAS, the generated NIDAS authentication confirmation satisfies the ID submission requirements for first-time customers in lieu of a physical or printed National ID,” the central bank said. As of end-October last year, 80% of the country’s population or 90.29 million Filipinos have been registered to the National ID system, PSA data showed.