6 Important Things Singaporeans Need To Know About MyInfo

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6 Important Things Singaporeans Need To Know About MyInfo

The world is getting more digital, and Singapore is no exception. From payments to personal identity, Singapore has been adopting many digital initiatives like PayNow and SingPass to support better living through technology. Now there is another new service known as MyInfo that is going mainstream island wide.

Like every new digital solution that is pushed out, it always leads to a series of questions like the ‘What’, ‘Why’ and ‘How’. If you are clueless about MyInfo, here is a quick-read guide on everything you need to know about this personal data platform.

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1. What is MyInfo?

MyInfo is a personal data sharing platform that is designed and maintained by the Singapore government. Businesses authorised by you will be able to retrieve your personal data from MyInfo to automatically fill in the forms for you.

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2. What information is contained within MyInfo?

There are six categories of personal information that is retrievable from the MyInfo platform. They include personal information, contact, income and CPF, education, family and vehicle ownership information. These are all information that services would need you to fill in whenever you sign up for their service:

Personal Information

NRIC/FIN (from ICA / MOM)

Name (from ICA / MOM)

Sex (from ICA / MOM)

Race (from ICA / MOM)

Dialect (from ICA)

Residential Status (from ICA)

Nationality (from ICA / MOM)

Date of Birth (from ICA / MOM)

Country of Birth (from ICA / MOM)

Passport Number (from ICA)

Passport Expiry Date (from ICA)

Contact

Mobile Number (from SingPass)

Email Address (from SingPass)

Registered Address (from ICA1)

Type of Housing for Registered Address (from URA / HDB1)

Mailing Address

Billing Address

Income, CPF

CPF Account Balance (from CPFB)

Employment related CPF Contribution History (from CPFB)

Income Info (from IRAS)

Income Info (History) (from IRAS)

Ownership of Private Residential Property (from IRAS)

Monthly Household Income

Education

Highest Education Level

Name of School

Year of Graduation

Family

Marital Status (from MSF1)

Marriage Date (from MSF1)

Divorce Date (from MSF1)

Marriage Certificate Number (from MSF1)

Country of Marriage (from MSF1)

Local Registered Birth Records (from MHA)

Vehicle

Vehicle Ownership (from LTA)

3. Who came up with this idea of MyInfo and when was it launched?

The idea of MyInfo came from GovTech Agency. It was a pilot launched in January 2016 within the public service. It was then officially launched in May 2016. In 2017, MyInfo was implemented in the sign-up services of local banks like DBS, OCBC, Standard Chartered and UOB for individuals. MyInfo was then extended to the private sector where commercial companies can sign-up to allow their customers to use MyInfo in filling their forms.

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4. How does MyInfo benefit you and why you should use it?

The benefit of MyInfo is best illustrated using an everyday life example. Just imagine that you are on the verge of travelling and want to get yourself a credit card to chalk up some air miles. You decide to approach the bank to apply for one. In order to apply for a credit card, the bank officer asks you to fill up a long list of application forms with your details.

Depending on the bank that you visit, you either have to fill it up manually or fill in an e-form. Under usual circumstances, this will take about 20-30 minutes. In some situations, if you fill in the wrong information (e.g. a typo), your application gets delayed. Furthermore, when filling up application forms, you might also need to upload original documentation (e.g. income statement) for the bank to verify them.

With MyInfo, all you need to do is to give consent to let the bank pick up your information from the MyInfo platform. All it takes is 5 minutes for your form to be automatically filled. You don’t have to worry about making a typo mistake at all. Apart from the speed, you also enjoy the convenience of not having to go through the trouble of uploading documentation for verification.

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5. Is MyInfo safe?

A common question that is asked about every digital solution that offers convenience is, “Is it safe?”. You do not want your personal data to be compromised and start receiving a lot of unwanted calls or SMSs.

Your information that is stored within the MyInfo platform is safeguarded by industry cybersecurity best practices. From end-to-end encryption and multi-layered security, there is no lack of security measures put in place by the GovTech Agency. Furthermore, only you will have the sole authority to give companies consent to retrieve your data from MyInfo. You first need to login to your SingPass to give permission for access to a third party before your information can be retrieved.

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6. How and where can you use MyInfo?

How can you use MyInfo?

The way to use MyInfo is simple. As usual, just go to the website of the service you would like to sign up for. The only difference comes when you choose to sign up for an account. You will be given an option whether to use MyInfo or go through the old-school way of filling up the form on your own. If you want to use MyInfo, then click on the MyInfo option.

Image source: Standard Chartered Bank Singapore

You will then be brought to the SingPass login page. Then, sign in to your SingPass and give the authorisation to allow the company to use your information. Your sign-up process is now complete.

Image source: SingPass

But before you give access, make sure you look through the kind of information that is going to be extracted by the company. You should ensure that they do not retrieve information that they do not require.

For example, if a company asks for your CPF information even though their service doesn’t require them to know your income or CPF savings information, you must not give them the right to retrieve your personal data.

Image source: MyInfo

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Where can you use MyInfo?

Right now, 100 public services are already using the MyInfo. If you need to fill in any forms at the public services, it will most likely be through MyInfo. There are also about 56 business services that have tied up with a digital government vault for personal information.

In the coming months, more businesses will be onboarding MyInfo into their sign-up service, including Bankbazaar. If you want to sign up for a credit card through Bankbazaar, all you need to do is to click the MyInfo button and allow Bankbazaar to retrieve your information from MyInfo and complete the application in minutes. It is that simple.

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