The RCS Group (RCS) Challenge

RCS is looking for a product/technology able to secure and store customer ID and authentication credentials in order to ease customer on-boarding and transaction approval.

Time Remaining : 12 days


BRIEF

RCS is looking for a product/technology able to secure and store customer ID and authentication credentials in order to ease customer on-boarding and transaction approval. The system will enhance the current authentication processes, but also allow RCS to fully digitize on-boarding and customer engagement processes in a remote but secure way across all available and new channels (in-store, online and via mobile application).

 

THE MISSION

The solution: 

1/ Should include the legislative and security requirements that RCS is required to fulfill in each relevant customer process, especially South African regulation

2/ Should allow for access to verified and trusted external data sources (e.g. Home Affairs) to ease customer input

3/ Should ideally facilitate a once off on-boarding and verification process with seamless repeat use (akin to ‘one click purchase’ process) when required

4/ Should be available in-store, online and via mobile application

5/ Must cater for multiple white labelling requirements 

 

WHAT WE EXPECT

RCS is looking for a potential partner to work on the integration of the product/technology with the existing RCS system. The winner will be in regular contact with the team of the Cape Town RCS office (South Africa). 

About RCS Bank

The RCS Group (RCS) is a consumer finance business that offers its customers a range of financial services products under its own brand name and in association with a number of leading retailers in South Africa, Namibia and Botswana. The core purpose of RCS is to enhance people's lifestyles and protect their financial security through innovative, desirable and accessible credit solutions. The idea is to enable RCS customers to enjoy the convenience, comfort and peace of mind offered by these credit solutions.

Rewards

WIN

*For the winner*

Proof of concept 

or supplier contract with RCS

PITCH

*For the three selected startups*

Pitching workshops

Pitch in the Arena at the event 

Privileged contact with investors & VCs

COME

*For the three selected startups*

FREE VIP entrance to the event

FREE flight ticket to Cape Town 

FREE accommodation in Cape Town


Selection Criteria

GEOGRAPHIC AREA

For this challenge we will consider only:

Startups from operating in Southern Africa

MATURITY CRITERIA

Only startups can participate in this challenge, meaning:

Innovative solution or service

Less than 5 years of existence

Early-stage // Seed-stage company

SUBMISSION REQUIREMENTS

Required format:

Short video with 2 topics: Startup presentation / How do you solve the problem? (mpg, mpeg, mp4, mov) MAX 50 Megabyte – You can also share us a “Wetransfer” link or a Youtube video

Deck pitch: 8 slides max (ppt, pdf) - MAX 50 Megabytes

Do you meet the criteria?