SINGAPORE (Apr 15): Eric Chua, owner of IT solutions company Rocket Buzzer, once spent over a week trying to open a corporate bank account. Most of the time was spent going back and forth to the bank branch, lugging documents and waiting for people to verify them.

Since end-January, administrative issues such as these have changed for Chua and other businessmen like him with the launch of the MyInfo Business by the Government Technology Agency (GovTech). The pilot service is an extension of the National Digital Identity programme, which aims to simplify the authentication process in both the public and private sectors for Singaporean small and medium-sized enterprises. Part of that programme includes SingPass, the government’s digital identity and verification service, and MyInfo, a service that allows private companies to pull out information such as customers’ National Registration Identity Card number, name and address with their consent for a quicker sign-up.

There has been a push for a similar service for businesses, according to Kendrick Lee, director of trusted data and services at GovTech.

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