RCS Cards is a financial services company providing retail financing to customers in the South African market. The organisation offers credit to niche markets and has 6 leading brands, including RCS Auto, RCS Credit, RCS Fashion, RCS Health, RCS Home and RCS Leisure. RCS Cards has more than 4 500 participating merchants and serves over 150 000 active customers.

In this turnkey analytical project, members of the PIC Solutions Predictive Modelling team will develop new application scorecards and work closely with the RCS Cards risk management team to ensure that the implementation and ongoing usage of the risk models will generate significantly improved results.

Regan Adams, Risk and Operations Executive at RCS comments, "Our target market is constantly changing and by implementing new and improved scorecards we can apply account acquisition strategies more effectively within our organisation. We are delighted to be working with an experienced PIC Solutions predictive modelling team on this assignment. We anticipate that these scorecards will maximise the usage of our information and enhance the quality of our credit application evaluation process."

Eva Neves, Senior Consultant at PIC Solutions, adds, "We are delighted that RCS Cards has selected us to develop new application scorecards. PIC Solutions has set the benchmark for providing effective credit risk management and we look forward to working with RCS Cards on an ongoing basis to ensure that these new scorecards provide significant business benefits."