[ANN] 💠 FSBT TECH 💠 – Open API For Fintech Developers

[poordeveloper]

October 4, 2017

Updates:

• Russian and Turkish translations have been added;

Which languages will the bank's website be translated to?

[Elven_King]

What should I do to contribute to your project?

[ICOs]

When do you plan to launch your services publicly?

[FortySeven]

October 4, 2017

Updates:

• Russian and Turkish translations have been added;

Which languages will the bank's website be translated to?

It depends on the community, but we plan to have Italian, French, German, Japanese, Chinese, Portuguese and others. Website is already available in English, Spanish and Russian.

[FortySeven]

will you offer API or will developers need to use your application platform?

We will provide flexible, convenient and always improving API for developers who would like to launch their financial application using our identification system, scoring, KYC/AML, storage of critical data.

Developers who are using our API in their financial applications will be able to upload applications on our marketplace in order to get access to wide audience of clients of Forty Seven Bank, as well as to our partners.

Taking into account that all the critical data will be stored at our side, developers will be able to create cross-platform financial application using our infrastructure via API, upload it to Google Play or App Store and execute all the activities related to marketing by themselves.

[Retired]

I saw you talked about scoring. Will you offer the ability to access credit scoring through API once the credit facilities are launched?

Of course, with prior approval of the account holder.

[FortySeven]

What should I do to contribute to your project?

You will be able to contribute to our project via the cabinet on our web-page or simply sending ETH from your Ethereum wallet to the address of the smart contract.

[bumbazaka]

Do not you think that there are too much financial projects based on the blockchain already. And every new wants to get money at first.

[poordeveloper]

Do not you think that there are too much financial projects based on the blockchain already. And every new wants to get money at first.

Look at the street, there's more than a bank. And every one has money

[excellence]

How to call you? 47 Bank? Forty Seven Bank? The Forty Seven?

[Retired]

What kind of security measures will you provide to clients' accounts?

Forty Seven Bank will build comprehensive and multi-layered security system to protect the assets and privacy of our client. We will develop and execute set of internal security policies that will cover such areas as:
- financial protection:
- maintaining reserves,
- hedging risks,
- physical protection of assets and important paper documents:
- safes & vaults,
- access control and monitoring,
- NDA contracts with employees,
- office entrance control system,
- surveillance system,
- regular security audits,
- electronic protection of digital data and information:
- data replication to several geographically distributed locations,
- data encryption for stored data and communication over public networks,
- network level security using firewalls and VPN,
- operating system security and regular security updates,
- digital signatures for important digital documents,
- multi-signature for important transactions,
- cold offline wallets for cryptocurrency,
- intrusion detection system,
- two-factor authentication for customers,
- fraud detection,
- protection agains DDoS attacks.

Impressive.

Do you guys have experience securing financial systems? It's obvious you have some real knowledge

[FortySeven]

When do you plan to launch your services publicly?

We are planning to begin offering products and services as EMI and PI institution already in September, 2018. In June, 2019 we are already planning to get banking license.

[judeafante]

When do you plan to launch your services publicly?

We are planning to begin offering products and services as EMI and PI institution already in September, 2018. In June, 2019 we are already planning to get banking license.

That's a good roadmap I hope this could materialize this is huge I hope you have the best team to fulfil that roadmap and also marketing effort, any good project needs a good marketing I wish this project a success will bookmark this page for more update and progress.

[FortySeven]

You have few competitors in this area, but the problem is the same for you. How are you going to negotiate with banks to issue cards?

As a bank we will have UK banking license and we will have Principal Membership in Visa/Mastercard, therefore we will be BIN sponsors and card issuers.

[FortySeven]

How to call you? 47 Bank? Forty Seven Bank? The Forty Seven?

The name of our project is Forty Seven Bank, you are right.

[FortySeven]

Do not you think that there are too much financial projects based on the blockchain already. And every new wants to get money at first.

World population is growing every year and we believe that demand for digital financial products and services is also growing rapidly. People are willing to get access to the most innovative, convenient and cost-efficient banking solutions.
Forty Seven Bank is going to take the leading position in digital banking and centralize operations with cryptocurrencies and fiat resources under its roof. Any demands related to financial management and analytics of our customers will be satisfied by the range of our innovative products and services.

[ICOs]

When do you plan to launch your services publicly?

We are planning to begin offering products and services as EMI and PI institution already in September, 2018. In June, 2019 we are already planning to get banking license.

Does that mean "real bank"? In what country do you plan to get the banking license?

[FortySeven]

When do you plan to launch your services publicly?

We are planning to begin offering products and services as EMI and PI institution already in September, 2018. In June, 2019 we are already planning to get banking license.

Does that mean "real bank"? In what country do you plan to get the banking license?

Yes, we will be real bank, as you say and we will provide products and services for crypto world as well as for traditional finance world. We will get banking license in the United Kingdom.

[FortySeven]

When do you plan to launch your services publicly?

We are planning to begin offering products and services as EMI and PI institution already in September, 2018. In June, 2019 we are already planning to get banking license.

That's a good roadmap I hope this could materialize this is huge I hope you have the best team to fulfil that roadmap and also marketing effort, any good project needs a good marketing I wish this project a success will bookmark this page for more update and progress.

Thank you for your opinion! You can also sign up for updates on our web-page.

[FortySeven]

What kind of security measures will you provide to clients' accounts?

Forty Seven Bank will build comprehensive and multi-layered security system to protect the assets and privacy of our client. We will develop and execute set of internal security policies that will cover such areas as:
- financial protection:
- maintaining reserves,
- hedging risks,
- physical protection of assets and important paper documents:
- safes & vaults,
- access control and monitoring,
- NDA contracts with employees,
- office entrance control system,
- surveillance system,
- regular security audits,
- electronic protection of digital data and information:
- data replication to several geographically distributed locations,
- data encryption for stored data and communication over public networks,
- network level security using firewalls and VPN,
- operating system security and regular security updates,
- digital signatures for important digital documents,
- multi-signature for important transactions,
- cold offline wallets for cryptocurrency,
- intrusion detection system,
- two-factor authentication for customers,
- fraud detection,
- protection agains DDoS attacks.

Impressive.

Do you guys have experience securing financial systems? It's obvious you have some real knowledge

Yes, our team has substantial experience in this field.