MyDigital ID verifies identities in real time against the National Registration Department database, which it describes as the single source of truth. The initiative supports Bank Negara Malaysia’s strategic blueprint to advance digitalisation within the financial sector and aligns with the government’s goal to transform Malaysia into a high-income, digitally empowered nation by 2030. MyDigital ID is positioned as a digital identity platform designed to simplify online verification without replacing the MyKad system.