FORTY SEVEN BANK - Quality and Safe Service for customers



aiming to provide high quality, secure and user-friendly banking services for individual and institutional consumers, which will be fully recognised by the financial authorities and compliant with regulatory framework.

The bank is going to be specialising in digital finance services by fully supporting cryptocurrencies and traditional fiat currencies. Basic cryptocurrency procedures include sale and purchase features, investment and exchange options and crypto-saving and current accounts. Multi-Asset Account will be one of the featured innovative products oered by Forty Seven Bank — it will allow customers to have access to all their accounts in dierent banks and crypto wallets as well as to their investments and savings in cryptocurrency and fiat equivalents via single application. It will be possible to operate with each asset type accordingly by having only one Multi-Asset Account at Forty Seven Bank.

Uniqueness of Forty Seven Bank will be a full technological and legal equipment for cryptocurrency processing and treatment.

Products and Services
  • Products for Private Persons
  • Account Management
  • Invoicing
  • Deposits and Loans
  • Investments and Brokerage
  • Other Services.
Forty Seven is a unique project built in a modern monetary system; banks to be recognized by international financial organizations; a bank that will comply with all regulatory requirements.

A team of professionals from banking, finance, and IT with expertise and experience in making and licensing payment systems, and the construction of electronic financial institutions will work to realize the project objectives.

Our bank will become EU Payment Services Directive 2 (PSD2). We will comply with Know Your Customer (KYC) and Anti-Money Laundering (AML) policies to avoid a "gray" market agent.

Forty Seven is based on three principles: relevance, convenience, and security. Our specialists use the latest technological developments such as blockchain, biometrics, smart contracting, machine learning and many others. If you are interested in setting up and creating a hi-tech bank, please see the following documents.

Forty Seven Value
  • Transparency;
  • Financial stability;
  • Effectiveness and firendly procedure of user;
  • Security and privacy (data protection);
  • Innovation;
  • Customer satisfaction;
  • Growing market share and worldwide expansion;
  • Benefits for all stakeholders.
ICO Service

Forty Seven Bank will provide services for companies seeking to attract financing through ICO. The service will include legal support, escrow settings, support in transferring digital currency into fiat equivalents. We will also develop assessment procedures for ICO projects and will provide a thorough analysis of interesting projects.

Innovative Products
  • Remote identification and authorization based on passport and biometric data
  • A unique combination of payment tools - SWIFT cards, credit and debit cards, e-wallet, secure crypto payments
  • Transactions with the type of cryptocurrency through the bank application and without the need to wait for the current exchange. Coupon upload, withdrawal, and conversion available
  • Various services include crediting, insuring, invoice presentation, credit / debit card management etc.
  • Cross platform access for clients to manage accounts opened with European banks in accordance with PSD2 orders
  • A comfortable and user-friendly UI 
  • Analysis that helps clients make informed financial decisions through personal manager services made based on machine learning algorithms
Mission Forty Seven Bank

 the team is to provide secure, innovative and user friendly financial services and products to our customers - individuals, businesses, developers, merchants, financial institutions and governments.
Our product range will unite the traditional cryptography and finance world and grant new Unique Opportunities for both of them.

Features and Technology

Based on the possibilities of the banking and cryptography industry, we will take the best of both fields by using innovative and proven technologies in finance, analysis, and data security.

Forty Seven Bank will provide an open, flexible and well-documented API that includes most banking services. We will launch our own financial app platform that uses our API. By attracting clients and external developers, we plan to turn it into an efficient ecosystem with an ever-increasing value.


Implementing smart contracts to automate the financial process, enabling us to make deals and give credit without risk of fraud. Implementation of machine learning technology will enable the creation of a personal manager to forecast all client desires. A virtual chat buddy will help in reallocating cash flow and will provide current financial information.

Biometric technology and blockchain will allow users to open accounts remotely and access them via smartphones and ATMs without using cards. In combination with cryptographic encryption, this development will enhance the security of personal data and payments.

Roadmap


Team







 More information:

 Website : https://www.fortyseven.io/
Whitepaper : https://drive.google.com
Telegram : https://t.me/thefortyseven
Facebook : https://www.facebook.com/FortySevenBank/

Twitter : https://twitter.com/47foundation
Bitcointalk profile: https://bitcointalk.org/index.php?action=profile;u=1409779

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