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National Commercial Bank (NCB) is one of Jamaica’s biggest banks and offers a wide range of banking and financial services through a network of 37 branches and over 170 ABMs island-wide, as well as telephone and internet Banking. In an interesting move NCB has put out a Digital Innovation Challenge as they seek to “consistently deliver new solutions that make it simpler and more affordable for our consumers to do their banking.”

NCB Digital Innovation Challenge

How to Apply to Digital Innovation Challenge

Participants are required to be in teams of up to three members with at least one developer and a designated team leader. Teams should apply by midnight on February 19, 2016. After the registration, eligible participants will be notified by email by February 26, 2016 to confirm participation by March 2, 2016.

Prizes

Cash Awards: Over JMD $1 million in award money will be available to be awarded to the top two teams with the best solutions. The amount will be equally shared/ divided among all team members or disbursed as agreed by the team.

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Guidelines

  1. It must be a technology solution that enables one or more entities within the NCB Group of Companies to.
    1. Improve the customers’ experience
    2. Derive a new source of revenue
  2. NCB will cover costs of up to three team members to attend the event, scheduled for March 18-20, 2016 in Kingston Jamaica for air or ground transportation, hotel accommodations, meals and beverages. Your team will be responsible for expenses such as passports and visas for traveling to the Demo Day.
  3. It must not contain, depict, imply or refer (explicitly or through any commonly recognized abbreviations or other representations) to any crude, vulgar, obscene, sexually explicit, violent, disparaging, discriminatory, offensive, illegal or otherwise unsuitable language, activity or other content.
  4. It must not contain, depict or refer to any content which disparages or refers negatively to NCB, the Challenge, or any other person or entity.
  5. It must not contain, depict or refer to any content which unnecessarily refers to any third party (person or entity)
  6. It must not conflict with any of NCB’s core values,or otherwise be objectionable to NCB
  7. It must not contain any content that violates any law or any third party’s rights
  8. It must not have been submitted to any other Challenge, challenge, program or promotion where you were required to grant any licenses or other rights with respect to your solution to the operator or promoter of the Challenge or program, or any third parties.
  9. It must not use the NCB name or any trademarks, service marks, slogans, trade dress, logos or social media or other handles of NCB in or as part of the solution, team name, or other submission or materials.
  10. Solutions must not contain malicious code or be coded or designed in such a way that it creates an information security risk or otherwise compromises the integrity of the solution, whether as a stand-alone solution or in conjunction with its integration with any other system or application.
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For more information about the NCB Digital Innovation Challenge and to apply visit jncb.com/innovation/

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