Forty Seven : Best Products & Outstanding Quality in the World of Banks

in #ico • 7 years ago

 Forty Seven Bank will be a fully digital innovative branchless financial institution which complies with all EU directives, Basel III, Financial Conduct Authority (FCA), Prudential Regulation Authority (PRA) and Bank of England requirements.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. 

 Private Persons Products 

Together with secured remote on-line identification, automated scoring, due diligence and AML of the client, customers could proceed with quick and secure banking. The bank is going to do that according to latest technologies using biometrics. The use of biometrics in the banking sector has proven its eectiveness and precision and that is why it is rapidly growing over the last years and is yet far from its peaks.  

After the full identification of the potential client and further registration in the operational database is completed, the client can access the following services provided by Forty Seven Bank:IBAN, access to secure crypto wallets and tokens, credit and debit cards, personal and travel insurance, loans, access to Forty Seven App Platform with wide range of applications, invoicing, investment and brokerage services, etc. 

 Business Product

 Forty Seven Bank's business procedures and model will use the methods described above along with innovative new methods that will be created in the future. Technologies that can improve customer efficiency, satisfaction, and safety.
With the recent explosion of data storage (Big Data) and computing power, we see machine learning as the cornerstone of the ethics and accuracy of our operations. At the bank of Forty Seven Bank, we will use it in various operational and analytical functions, with the most prominent examples being:

  • Management
  • Market
  • Customer service
  • Detection; Safety

 ICO Services
Forty Seven Bank is going to provide services for companies that would like to attract financing via ICO. The services will include legal support, escrow arrangements, support in transferring digital currencies into fiat equivalent. We will also develop rating procedures for ICO projects and will provide thorough analysis of interesting projects. 

Developers Products

 Bank as a Service (BaaS)
Our service called Bank as a Service will allow entrepreneurs to get access to all infrastructure elements of Forty Seven Bank via API. Fintech startups or those who would like to try them selves in banking business will be able to create their own White Label bank or financial service institution. They will be free to concentrate on marketing activities, whereas our already devel oped infrastructure covered with banking license, technology, compliance, risk manage ment and customer service will do the rest. 

 App Platform Fortyseven
Open API will provide our customers with the opportunity to develop applications (such as smartphone applications) that will work using Forty Seven App Platform potential. Developers will be able to create their own banking application, an account management bot, or complex analytic applications. Relying on the possibilities of online identification, they will have opportunities to climb unlimitedly and gain significantly higher levels of income. 

We will manage marketing activities related to our platform and by introducing an application developer we will have the chance to attract their own customer base as well as use our customer base and partners.

Forty Seven Vision

 The mission of Forty Seven Bank and management team is to provide safe, innovative and user-friendly financial services and products to our customers – individuals, businesses, developers, traders, financial and governmental institutions. Forty Seven Bank is a bridge capable of connecting two financial worlds and establishing efficient communication between them, a communication that will open up possibilities to level up whole modern financial system.  

More Information about Forty Seven :

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#crypto #ethereum #bitcoin
7 years ago in #ico by
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