Island Credit Solution and Philippine Statistics Authority Partner to Strengthen Digital Credit Access in the Philippines through the National ID

Quezon City, Philippines – October 8, 2026 – Island Credit Solution (ICS) and the Philippine Statistics Authority (PSA) have recently formalized a partnership to make accessing credit information more secure and convenient for Filipinos through the integration of the National ID Authentication Services (NIDAS) into CreditMo.

This established ICS, and its credit platform, as the first Special Accessing Entity (SAE) and credit bureau partner successfully integrated with NIDAS.

Powered by ICS, CreditMo is a digital credit platform that enables individuals to access their credit reports and scores, monitor their credit standing, and receive personalized insights and financial product recommendations based on their credit profiles.

With this collaboration, CreditMo users can use their National ID to verify their identity when requesting a credit report. The integration helps ensure that sensitive credit data is accessed by the rightful individual while making the verification seamless.

“This collaboration is an opportunity to translate the capabilities of the National ID into a practical digital application that responds to the needs of Filipinos. It demonstrates how the National ID can make services more convenient, accessible, and inclusive through a more streamlined digital identity verification process,” said PSA Assistant Secretary Rosalinda P. Bautista, Deputy National Statistician of the PhilSys Registry Office.

Making Credit Access More Convenient and Secure

For CreditMo users, the partnership simplifies the process of confirming their identity when requesting their credit information. Previously, users had to complete several steps, including submitting an identification document, confirming their details, and undergoing a liveness check. With NIDAS, the process is now just one quick step using the National ID.

The integration also strengthens the protection of users’ personal information. Instead of relying only on a photo of an identification document, NIDAS allows CreditMo to verify a user's identity against the National ID database. This helps reduce the risk of fraudulent identification and helps protect the confidentiality of users’ credit records.

Helping Filipinos Understand Their Credit

CreditMo also gives individuals a clearer view of information that can affect their access to financial products and services. Through the platform, users can review their credit report and score, see their credit history and payment behavior, and receive insights based on their profile.

For Alex Zhu, Deputy Chief Executive Officer of Island Credit Solution, this gives individuals a more active role in understanding their credit. Traditionally, credit reports have primarily been used by financial institutions to assess borrowers, while individuals have had less visibility into their own credit profile.

“For decades, credit solutions have largely focused on financial institutions. We believe the next generation of credit solutions should also put individuals at the center. If institutions use a magnifying glass to understand borrowers, our vision is to turn that magnifying glass into a mirror, giving individuals a clearer view of their credit and helping them find ways to improve it,” Zhu said.

With this perspective, users can better recognize how their financial behavior shapes their credit profile and identify areas they can work on over time.

Advancing Financial Inclusion

The partnership also contributes to financial inclusion by giving individuals greater visibility into information that can help them participate more confidently in the formal financial system. By bringing together PSA’s National ID capabilities and ICS’s credit technology, the collaboration shows how public and private sector solutions can work together to meet evolving financial needs of Filipinos.

“This partnership represents a valuable collaboration that supports our collective goal of strengthening trust, transparency, and accessibility within the country’s digital and financial services. Partnerships such as this play an important role in building a more inclusive, secure, and digitally empowered Philippines,” said Atty. Henedine P. Palabras, Officer-in-Charge Assistant National Statistician of the PSA’s Use Case Development and Management Service.

For Island Credit Solution, making credit information more accessible is ultimately about helping Filipinos see the financial opportunities available to them and giving them the confidence to take the next step.

“At ICS, we believe that when Filipinos have access to the right information, they have greater power to take action. That can open doors to financial opportunities,” Mery Singh, Chief of Staff of Island Credit Solution, concluded.

To learn more about Island Credit Solution, visit its website at https://www.islandcredit.tech/. The CreditMo app is also available for download on Google Play and the App Store.

GCash Highlights Role of National ID in Enabling Inclusive, Secure Finance at BSP Forum

A trusted digital identity system lays the foundation for true financial inclusion, helping ensure that every Filipino, regardless of their background or circumstances, can access essential financial services with confidence.

This was the central message at the recent Bangko Sentral ng Pilipinas (BSP) Forum on Digital Identity, where GCash, the country's leading finance finance super app and largest cashless ecosystem, shared how its integration with the National ID eVerify Authentication Service (NIDAS) is making identity verification easier, more accessible, and more inclusive to help more Filipinos, especially those with limited access to traditional IDs, open an account.

Held at the BSP Assembly Hall, the forum brought together leaders from government, financial institutions, and the tech sector to examine how digital identity can support more secure and inclusive financial systems. Guided by the theme “Building Trust and Synergy in Digital Identity for an Inclusive and Secure Financial System,” the discussions emphasized the need for collaboration, innovation, and user-centric solutions that address real-world access challenges.

Representing GCash was Joanne Avendaño, vice president and head of customer experience management, who shared the company’s experience as the first and only Electronic Money Issuer integrated with NIDAS. This enables GCash users to validate their identity using their National ID in real-time, eliminating the need for multiple traditional IDs, which many Filipinos today still lack. This approach has helped reduce drop-offs during onboarding and has improved the success rate of account creation, especially among underserved groups. Most importantly, it has helped streamline onboarding for a broader range of users.

“Our partnership with the Philippine Statistics Authority (PSA) has always been more than just ID acceptance. It’s a shared commitment to make sure that no Filipino is left behind in the digital economy,” said Avendaño. “By enabling real-time National ID validation and bringing services on-ground, we’re helping more Filipinos complete their verification journey with ease and confidence,” Avendaño added.

The forum also featured insights from the National Privacy Commission, World Bank, Korea Credit Information Services, and several units within the BSP. Topics ranged from data governance and consumer protection to practical implementation challenges and international benchmarks.

Avendaño joined fellow panelists from Asia United Bank, Seabank Philippines, Maya Philippines, and the Bankers Association of the Philippines in discussing the value of coordinated efforts, shared learnings, and responsible use of digital identity systems in strengthening public trust.

Beyond app integration, GCash has also worked with the PSA and local government units (LGUs) to support on-ground National ID registration and account onboarding events, which were held in schools, barangays, and underserved communities across the country. This approach brings both digital identity and financial access closer to Filipinos who need it most.

With digital ID adoption gaining momentum, GCash’s role as an early adopter highlights the importance of responsible integration, cross-sector collaboration, and community engagement in building a more accessible and inclusive financial ecosystem.

For more information, please visit www.gcash.com.

PSA, GCash Make Account Verification more Accessible, Faster with National ID eVerify Integration

To streamline identity verification and make digital financial services more accessible to more Filipinos, the Philippine Statistics Authority (PSA) and leading finance super app GCash are working together to enable a more accessible verification process for e-wallet accounts, in line with the country’s financial inclusion agenda.

 

This initiative enables Filipinos to use their National ID—whether card, paper, or digital—to verify their GCash accounts and gain access to essential financial services, contributing to broader financial inclusion efforts.

 

The National ID system serves as a universal proof of identity that is recognized across government agencies and private institutions. While the government is continuously working toward full implementation of the National ID program, over 92 million Filipinos have already registered, and more than 50 million National IDs have been delivered.

 

By integrating eVerify in the GCash app, millions of Filipinos who have their National ID in any form can now easily authenticate their GCash accounts and gain secure access to its financial services offerings. To date, GCash remains the biggest mobile wallet in the country, with 8 out of 10 Filipinos having used GCash—a testament to its significant impact on financial inclusion.

 

“The National ID and its authentication services ensure that transactions are more seamless, secure, and inclusive for both the public and relying parties. By integrating the National ID with financial institutions like GCash, the PSA empowers more Filipinos with access to essential financial services and equips organizations with streamlined customer onboarding and enhanced trust and security," said PSA undersecretary Claire Dennis S. Mapa, PhD, national statistician and civil registrar general. "We thank GCash for honoring the National ID in account opening and verification in line with our shared goal of accelerating financial inclusion in the country.”

 

Ren-Ren Reyes, president and CEO of G-Xchange, Inc., the mobile wallet operator of GCash, highlighted how this cooperation strengthens digital financial inclusion.

 

"This collaboration with PSA and DICT is a testament to the commitment of GCash to making financial services more accessible. By allowing users to verify their accounts with their National ID, we are breaking barriers and ensuring that more Filipinos can seamlessly access safe and reliable digital transactions," Reyes said.

 

By automating identity verification, eVerify speeds up the Know Your Customer (KYC) process, strengthens fraud prevention, and ensures accurate identity validation, making financial services more inclusive for Filipinos nationwide. The integration marks a significant step in simplifying onboarding while ensuring secure, seamless transactions for all GCash users. For more details, visit PSA’s official page at https://psa.gov.ph/.