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

[soliton]

Just got this from 47bank telegram group "Beware, fraudsters are mimicking Forty Seven team members' accounts!" this is sad why do people always tend to exploit people please lets all be careful.

This scammers are  everywhere waiting to prey on ones success...
Don't know why people always behave heartless always ready to take someone else sweat and blood only to buy sushi with it?

Crypto really is the wild west, there are so many ways to lose your money if you're not careful. That's what worries governments into taking action, and why there is always talk of regulation. There are so many scam ICO's and dodgy exchanges, it's unreal.

Sometimes are sit down and reason that it might not actually be a bad idea if cryptocurrency is regulated atleast we won't be seeing much of this scams as we do this days and most project will up their game bringing in more competition into it.

On the flip side regulating cryptocurrency defeats the purpose of its creation, anonymity being top of the list and you will get policies stagnating the growth of this sector springing up from different ends... I like the fact that is unregulated please...

A little bit of regulation is currently in place and it's looking tedious already {kyc_verification}

But in the banking sector like 47BK regulations to an extent is not out of place

47 Bank want private persons, app developers and businesses to invest in their project. They are likely to be the kinds of investors that want top security on their funds and they will want 47 Bank to be ahead of the game with their compliance procedures.

I see your argument for anonymity but for this type of project, the KYC/AML is more than justified.

Without any doubt, the broadened concept of 47bank has far more potential and market as compared to conventional banks which are limited to a certain country and specified financial services.

[Anilg]

Alexander Malin, Co-Founder and CEO/CVO of FortySeven Bank. He have more than 15 years Experienced Executive with a demonstrated history of working in the information technology financial services industry.  

https://www.linkedin.com/in/alexander-malin-30a6ab34/

I can see his Bilderlings Pay experience. I can also see his co-founding experience; seems he has a great experience running a startup. That is a great combination knowing payments and business operations.

I was looking for this information. I mean what type of experience FSBT team members have. Few of then should have banking/financial domain experience to setup a bank. And its good to see such people on board.

[cryptossi]

Just got this from 47bank telegram group "Beware, fraudsters are mimicking Forty Seven team members' accounts!" this is sad why do people always tend to exploit people please lets all be careful.

This scammers are  everywhere waiting to prey on ones success...
Don't know why people always behave heartless always ready to take someone else sweat and blood only to buy sushi with it?

Crypto really is the wild west, there are so many ways to lose your money if you're not careful. That's what worries governments into taking action, and why there is always talk of regulation. There are so many scam ICO's and dodgy exchanges, it's unreal.

Sometimes are sit down and reason that it might not actually be a bad idea if cryptocurrency is regulated atleast we won't be seeing much of this scams as we do this days and most project will up their game bringing in more competition into it.

On the flip side regulating cryptocurrency defeats the purpose of its creation, anonymity being top of the list and you will get policies stagnating the growth of this sector springing up from different ends... I like the fact that is unregulated please...

A little bit of regulation is currently in place and it's looking tedious already {kyc_verification}

But in the banking sector like 47BK regulations to an extent is not out of place

47 Bank want private persons, app developers and businesses to invest in their project. They are likely to be the kinds of investors that want top security on their funds and they will want 47 Bank to be ahead of the game with their compliance procedures.

I see your argument for anonymity but for this type of project, the KYC/AML is more than justified.

Without any doubt, the broadened concept of 47bank has far more potential and market as compared to conventional banks which are limited to a certain country and specified financial services.

Yes exactly and they need to prove that they can provide the basics (e.g security of funds, UK/EU compliance/online banking/instant access to valuations/ debit & credit cards) that traditional banks offer. Whilst also introducing more conventional services like forex & crypto trading.

[phantam]

Alexander Malin, Co-Founder and CEO/CVO of FortySeven Bank. He have more than 15 years Experienced Executive with a demonstrated history of working in the information technology financial services industry.  

https://www.linkedin.com/in/alexander-malin-30a6ab34/

I can see his Bilderlings Pay experience. I can also see his co-founding experience; seems he has a great experience running a startup. That is a great combination knowing payments and business operations.

Ya its a good thing to have a real executive with proper experience leading a team in charge, too many times ICO's fall apart because the head of the ship doesn't know which way is up, but so far from reading the papers and the site it would appear the team has very good direction and has a pretty solid idea what they want to accomplish. I'm hopeful they will pull it off, will be interesting to see how the CEO can work with the various established exchanges to work on integration terms.

[Gunny95]

Just got this from 47bank telegram group "Beware, fraudsters are mimicking Forty Seven team members' accounts!" this is sad why do people always tend to exploit people please lets all be careful.

This scammers are  everywhere waiting to prey on ones success...
Don't know why people always behave heartless always ready to take someone else sweat and blood only to buy sushi with it?

Crypto really is the wild west, there are so many ways to lose your money if you're not careful. That's what worries governments into taking action, and why there is always talk of regulation. There are so many scam ICO's and dodgy exchanges, it's unreal.

Sometimes are sit down and reason that it might not actually be a bad idea if cryptocurrency is regulated atleast we won't be seeing much of this scams as we do this days and most project will up their game bringing in more competition into it.

On the flip side regulating cryptocurrency defeats the purpose of its creation, anonymity being top of the list and you will get policies stagnating the growth of this sector springing up from different ends... I like the fact that is unregulated please...

A little bit of regulation is currently in place and it's looking tedious already {kyc_verification}

But in the banking sector like 47BK regulations to an extent is not out of place

I don't like the idea of cryptocurrency been regulated, although it will help reduce scam but the restrictions will be much i think we ought to be careful with our details; who will shared them with, ask question via the proper channels and also conduct personal research.

I am personally in favour of complete transparancy, governments should find a way to fully implement regulations to stimulate the adaptation of he blockchain by the society

[Ace44]

On page 26 of the whitepaper (https://drive.google.com/file/d/0BzvESRkgX-uDeHc1QjRzbHRBelU/view), ''direct market access'' is mentioned, does this mean you can directly place sell orders on other exchanges?

Yes, it means that you will be able to directly trade on exchanges which are connected to Forty Seven Bank infrastructure via API.

we have already puzzled over this and already thought of the API. great that you want to do it that way. So I will be able to trade directly from my 47BK account on Exchanges. WOW!

Is this the first bank to offer that for crypto thinking back and doing a quick google I’m not seeing any others that allow direct trading via third party markets from a Ebank account. If this works how I think it will it would be a reallly big selling point for people to utilize 47 especially if 47 can tie into some of the larger banks and take advantage of that liquidity

if this works i will quit my actual bank account and move all my finances zu 47BK:-)
I'm sure traditional banking is coming to an end and in a few years we'll be wondering how we could manage oour finances without 47BK

Hmmmm truth is traditional banking system has their own usefulness and advantages which has made it survived until now so we may not be able to see a complete shift from traditional system to the modern system 47BK is bringing on.

I agree with you on the fact that if fortyseven becomes successful with the implementation of its project there will be a significant push towards their banking system but it won't be that huge and like the old saying goes "somethings takes time"  so we are going to see a gradual increase in adoption as time goes

I agree on the part of traditional banking but lets face it, things are changing, before, we do walk into the bank for every single transaction but now, is different, no one expected cryptocurrency to go this far but today, here we are, so the shift will happen, it may take sometime but once Forty Seven Bank becomes successful, it will lead to a shift, everyone wants to identify with success

probably banks like 47BK will not replace traditional banks. but I can well imagine that other banks look a bit off from projects like this. This is how the banking system is changing from both sides. And in a few years everything will be different

Yea, you know the traditional bank is still a viable investment and investors won't like to loose their money, they are still on the skeptical edge, trying to figure out what to do but some must have been going through the phase of traditional to what we have now, is slow but will definitely shift, is difficult for people to accept change

[nesh1]

On page 26 of the whitepaper (https://drive.google.com/file/d/0BzvESRkgX-uDeHc1QjRzbHRBelU/view), ''direct market access'' is mentioned, does this mean you can directly place sell orders on other exchanges?

Yes, it means that you will be able to directly trade on exchanges which are connected to Forty Seven Bank infrastructure via API.

we have already puzzled over this and already thought of the API. great that you want to do it that way. So I will be able to trade directly from my 47BK account on Exchanges. WOW!

Is this the first bank to offer that for crypto thinking back and doing a quick google I’m not seeing any others that allow direct trading via third party markets from a Ebank account. If this works how I think it will it would be a reallly big selling point for people to utilize 47 especially if 47 can tie into some of the larger banks and take advantage of that liquidity

if this works i will quit my actual bank account and move all my finances zu 47BK:-)
I'm sure traditional banking is coming to an end and in a few years we'll be wondering how we could manage oour finances without 47BK

Hmmmm truth is traditional banking system has their own usefulness and advantages which has made it survived until now so we may not be able to see a complete shift from traditional system to the modern system 47BK is bringing on.

I agree with you on the fact that if fortyseven becomes successful with the implementation of its project there will be a significant push towards their banking system but it won't be that huge and like the old saying goes "somethings takes time"  so we are going to see a gradual increase in adoption as time goes

I agree on the part of traditional banking but lets face it, things are changing, before, we do walk into the bank for every single transaction but now, is different, no one expected cryptocurrency to go this far but today, here we are, so the shift will happen, it may take sometime but once Forty Seven Bank becomes successful, it will lead to a shift, everyone wants to identify with success

probably banks like 47BK will not replace traditional banks. but I can well imagine that other banks look a bit off from projects like this. This is how the banking system is changing from both sides. And in a few years everything will be different

Yea, you know the traditional bank is still a viable investment and investors won't like to loose their money, they are still on the skeptical edge, trying to figure out what to do but some must have been going through the phase of traditional to what we have now, is slow but will definitely shift, is difficult for people to accept change

Yes it is indeed difficult for people to accept change but if the change happens then people will accept it by time it is like bitcoin first no one accepted the fact that it would be big now everyone wants to have it.

[rathaha10]

This ICO has one of the fastest roadmap i ever have seen. Normally some Icos are taking a few years to complete their project. They are also not listing their coins to completely unknown exchanges. The only exchange i don't know is livecoin exchange. Anyone have experience on that exchange ?

[Gunny95]

On page 26 of the whitepaper (https://drive.google.com/file/d/0BzvESRkgX-uDeHc1QjRzbHRBelU/view), ''direct market access'' is mentioned, does this mean you can directly place sell orders on other exchanges?

Yes, it means that you will be able to directly trade on exchanges which are connected to Forty Seven Bank infrastructure via API.

we have already puzzled over this and already thought of the API. great that you want to do it that way. So I will be able to trade directly from my 47BK account on Exchanges. WOW!

Is this the first bank to offer that for crypto thinking back and doing a quick google I’m not seeing any others that allow direct trading via third party markets from a Ebank account. If this works how I think it will it would be a reallly big selling point for people to utilize 47 especially if 47 can tie into some of the larger banks and take advantage of that liquidity

if this works i will quit my actual bank account and move all my finances zu 47BK:-)
I'm sure traditional banking is coming to an end and in a few years we'll be wondering how we could manage oour finances without 47BK

Hmmmm truth is traditional banking system has their own usefulness and advantages which has made it survived until now so we may not be able to see a complete shift from traditional system to the modern system 47BK is bringing on.

I agree with you on the fact that if fortyseven becomes successful with the implementation of its project there will be a significant push towards their banking system but it won't be that huge and like the old saying goes "somethings takes time"  so we are going to see a gradual increase in adoption as time goes

I agree on the part of traditional banking but lets face it, things are changing, before, we do walk into the bank for every single transaction but now, is different, no one expected cryptocurrency to go this far but today, here we are, so the shift will happen, it may take sometime but once Forty Seven Bank becomes successful, it will lead to a shift, everyone wants to identify with success

probably banks like 47BK will not replace traditional banks. but I can well imagine that other banks look a bit off from projects like this. This is how the banking system is changing from both sides. And in a few years everything will be different

Yea, you know the traditional bank is still a viable investment and investors won't like to loose their money, they are still on the skeptical edge, trying to figure out what to do but some must have been going through the phase of traditional to what we have now, is slow but will definitely shift, is difficult for people to accept change

That's why it is extremely important to build a reputation and create brand awareness, in general people don't like change this is why bitcoin is often portrayed as something you would go for to evade taxes. Forty Seven Bank will be the bridge that closes this gap.

[Owillz]

On page 26 of the whitepaper (https://drive.google.com/file/d/0BzvESRkgX-uDeHc1QjRzbHRBelU/view), ''direct market access'' is mentioned, does this mean you can directly place sell orders on other exchanges?

Yes, it means that you will be able to directly trade on exchanges which are connected to Forty Seven Bank infrastructure via API.

we have already puzzled over this and already thought of the API. great that you want to do it that way. So I will be able to trade directly from my 47BK account on Exchanges. WOW!

Is this the first bank to offer that for crypto thinking back and doing a quick google I’m not seeing any others that allow direct trading via third party markets from a Ebank account. If this works how I think it will it would be a reallly big selling point for people to utilize 47 especially if 47 can tie into some of the larger banks and take advantage of that liquidity

if this works i will quit my actual bank account and move all my finances zu 47BK:-)
I'm sure traditional banking is coming to an end and in a few years we'll be wondering how we could manage oour finances without 47BK

Hmmmm truth is traditional banking system has their own usefulness and advantages which has made it survived until now so we may not be able to see a complete shift from traditional system to the modern system 47BK is bringing on.

I agree with you on the fact that if fortyseven becomes successful with the implementation of its project there will be a significant push towards their banking system but it won't be that huge and like the old saying goes "somethings takes time"  so we are going to see a gradual increase in adoption as time goes

I agree on the part of traditional banking but lets face it, things are changing, before, we do walk into the bank for every single transaction but now, is different, no one expected cryptocurrency to go this far but today, here we are, so the shift will happen, it may take sometime but once Forty Seven Bank becomes successful, it will lead to a shift, everyone wants to identify with success

probably banks like 47BK will not replace traditional banks. but I can well imagine that other banks look a bit off from projects like this. This is how the banking system is changing from both sides. And in a few years everything will be different

Yea, you know the traditional bank is still a viable investment and investors won't like to loose their money, they are still on the skeptical edge, trying to figure out what to do but some must have been going through the phase of traditional to what we have now, is slow but will definitely shift, is difficult for people to accept change

That's why it is extremely important to build a reputation and create brand awareness, in general people don't like change this is why bitcoin is often portrayed as something you would go for to evade taxes. Forty Seven Bank will be the bridge that closes this gap.

Forty seven banks can't change the whole banking system alone. It's like waging a war against the whole world, there will definitely be other projects that will be inspired due to this project ideas, those other projects will fix what this project is not fixing and with gradual subsequent projects fixing one of two things, the world will start to walk in line with 47B idea. Will take a while but will definitely happen if 47B can succeed and stand time test

[faulerwilli]

On page 26 of the whitepaper (https://drive.google.com/file/d/0BzvESRkgX-uDeHc1QjRzbHRBelU/view), ''direct market access'' is mentioned, does this mean you can directly place sell orders on other exchanges?

Yes, it means that you will be able to directly trade on exchanges which are connected to Forty Seven Bank infrastructure via API.

we have already puzzled over this and already thought of the API. great that you want to do it that way. So I will be able to trade directly from my 47BK account on Exchanges. WOW!

Is this the first bank to offer that for crypto thinking back and doing a quick google I’m not seeing any others that allow direct trading via third party markets from a Ebank account. If this works how I think it will it would be a reallly big selling point for people to utilize 47 especially if 47 can tie into some of the larger banks and take advantage of that liquidity

if this works i will quit my actual bank account and move all my finances zu 47BK:-)
I'm sure traditional banking is coming to an end and in a few years we'll be wondering how we could manage oour finances without 47BK

Hmmmm truth is traditional banking system has their own usefulness and advantages which has made it survived until now so we may not be able to see a complete shift from traditional system to the modern system 47BK is bringing on.

I agree with you on the fact that if fortyseven becomes successful with the implementation of its project there will be a significant push towards their banking system but it won't be that huge and like the old saying goes "somethings takes time"  so we are going to see a gradual increase in adoption as time goes

I agree on the part of traditional banking but lets face it, things are changing, before, we do walk into the bank for every single transaction but now, is different, no one expected cryptocurrency to go this far but today, here we are, so the shift will happen, it may take sometime but once Forty Seven Bank becomes successful, it will lead to a shift, everyone wants to identify with success

probably banks like 47BK will not replace traditional banks. but I can well imagine that other banks look a bit off from projects like this. This is how the banking system is changing from both sides. And in a few years everything will be different

Yea, you know the traditional bank is still a viable investment and investors won't like to loose their money, they are still on the skeptical edge, trying to figure out what to do but some must have been going through the phase of traditional to what we have now, is slow but will definitely shift, is difficult for people to accept change

That's why it is extremely important to build a reputation and create brand awareness, in general people don't like change this is why bitcoin is often portrayed as something you would go for to evade taxes. Forty Seven Bank will be the bridge that closes this gap.

Forty seven banks can't change the whole banking system alone. It's like waging a war against the whole world, there will definitely be other projects that will be inspired due to this project ideas, those other projects will fix what this project is not fixing and with gradual subsequent projects fixing one of two things, the world will start to walk in line with 47B idea. Will take a while but will definitely happen if 47B can succeed and stand time test

Maybe we do not even realize at first that our banks are already working with 47BK, after all, each bank can offer 47BK services via API without having to change its own infrastructure, from the product-homepage:
any banking organisation will be able to use our applications and services without the need to modify their existing infrastructure and the need to obtain additional licenses from regulatory organs. All that is going to be done while keeping your own clients and offering them dedicated Forty Seven Bank’s services under personal brand.

[gee777]

Just got this from 47bank telegram group "Beware, fraudsters are mimicking Forty Seven team members' accounts!" this is sad why do people always tend to exploit people please lets all be careful.

This scammers are  everywhere waiting to prey on ones success...
Don't know why people always behave heartless always ready to take someone else sweat and blood only to buy sushi with it?

Crypto really is the wild west, there are so many ways to lose your money if you're not careful. That's what worries governments into taking action, and why there is always talk of regulation. There are so many scam ICO's and dodgy exchanges, it's unreal.

Sometimes are sit down and reason that it might not actually be a bad idea if cryptocurrency is regulated atleast we won't be seeing much of this scams as we do this days and most project will up their game bringing in more competition into it.

On the flip side regulating cryptocurrency defeats the purpose of its creation, anonymity being top of the list and you will get policies stagnating the growth of this sector springing up from different ends... I like the fact that is unregulated please...

A little bit of regulation is currently in place and it's looking tedious already {kyc_verification}

But in the banking sector like 47BK regulations to an extent is not out of place

I don't like the idea of cryptocurrency been regulated, although it will help reduce scam but the restrictions will be much i think we ought to be careful with our details; who will shared them with, ask question via the proper channels and also conduct personal research.

I am personally in favour of complete transparancy, governments should find a way to fully implement regulations to stimulate the adaptation of he blockchain by the society

Exactly there need to be some form of regulation even if it is not fully implemented it will go a long way to help the community

[cryptossi]

This ICO has one of the fastest roadmap i ever have seen. Normally some Icos are taking a few years to complete their project. They are also not listing their coins to completely unknown exchanges. The only exchange i don't know is livecoin exchange. Anyone have experience on that exchange ?

I have no experience with Livecoin but in my opinion the more exchanges that Forty Seven Bank gets listed on the better, it also means the more exchanges for 47 bank to potentially partner with and offer to clients on their platform!

[phantam]

This ICO has one of the fastest roadmap i ever have seen. Normally some Icos are taking a few years to complete their project. They are also not listing their coins to completely unknown exchanges. The only exchange i don't know is livecoin exchange. Anyone have experience on that exchange ?

I have no experience with Livecoin but in my opinion the more exchanges that Forty Seven Bank gets listed on the better, it also means the more exchanges for 47 bank to potentially partner with and offer to clients on their platform!

Yep more exchanges means more visibility which means more acces to people that might have a demand for the token which is great for buyers and sellers alike!

I’ve seem livecoin mentioned more and more on reddit from the few times I’ve checked it’s not a small exchange but more solidly in the middle of the road liquidity wise maybe low-middle of the pack amungst exchanges but definitly one that a good bit of people use

[Cnote328]

This ICO has one of the fastest roadmap i ever have seen. Normally some Icos are taking a few years to complete their project. They are also not listing their coins to completely unknown exchanges. The only exchange i don't know is livecoin exchange. Anyone have experience on that exchange ?

The roadmap is quite short, for a project like forty seven bank i expected the road map to be longer, nonetheless i hope the project becomes operational as scheduled on the roadmap.

[jamzzz123]

This ICO has one of the fastest roadmap i ever have seen. Normally some Icos are taking a few years to complete their project. They are also not listing their coins to completely unknown exchanges. The only exchange i don't know is livecoin exchange. Anyone have experience on that exchange ?

The roadmap is quite short, for a project like forty seven bank i expected the road map to be longer, nonetheless i hope the project becomes operational as scheduled on the roadmap.

It is a short roadmap - however, I'm sure this "roadmap" will grow overtime and forever adding further & better targets slowly as the project goes on

[tientien6]

The FSBL tokens are not a dividend. It is a utility token, which s an inside banks loyality program which can be used in various products and services in FortySeven Bank loyalty shop.

[Anilg]

Alexander Malin, Co-Founder and CEO/CVO of FortySeven Bank. He have more than 15 years Experienced Executive with a demonstrated history of working in the information technology financial services industry.  

https://www.linkedin.com/in/alexander-malin-30a6ab34/

I can see his Bilderlings Pay experience. I can also see his co-founding experience; seems he has a great experience running a startup. That is a great combination knowing payments and business operations.

Ya its a good thing to have a real executive with proper experience leading a team in charge, too many times ICO's fall apart because the head of the ship doesn't know which way is up, but so far from reading the papers and the site it would appear the team has very good direction and has a pretty solid idea what they want to accomplish. I'm hopeful they will pull it off, will be interesting to see how the CEO can work with the various established exchanges to work on integration terms.

Experience people always needed for such big project like FSBT, young people may have good idea but how to execute idea is important and that thing experience only can teach you.

[girib1684]

Alexander Malin, Co-Founder and CEO/CVO of FortySeven Bank. He have more than 15 years Experienced Executive with a demonstrated history of working in the information technology financial services industry.  

https://www.linkedin.com/in/alexander-malin-30a6ab34/

I can see his Bilderlings Pay experience. I can also see his co-founding experience; seems he has a great experience running a startup. That is a great combination knowing payments and business operations.

Ya its a good thing to have a real executive with proper experience leading a team in charge, too many times ICO's fall apart because the head of the ship doesn't know which way is up, but so far from reading the papers and the site it would appear the team has very good direction and has a pretty solid idea what they want to accomplish. I'm hopeful they will pull it off, will be interesting to see how the CEO can work with the various established exchanges to work on integration terms.

Experience people always needed for such big project like FSBT, young people may have good idea but how to execute idea is important and that thing experience only can teach you.

I saw theirs team members profile. Everyone have more than 6-7 years + experience in finance/banking sector. That's why they design good concept in finance sector.

[mkmdoc]

are there any partnership and collaboration with companies?

Check out https://www.fortyseven.io/ it has the partnerships and companies they work with towards the bottom of the website and what exchanges they are hoping to be listed on in the near future

those are some pretty nice exchange listing they have got there am seeing binance and hitbtc in the list... cool

like i said 47BK came prepared

Yep i really hope they can land the binance integration not just for exchange, but if they can get the backend API integration working as well would be amazing to be able to have access to the trade liquidity from the big name exchanges like binance and hitbtc come launch. I tend to get more excited about things that drive demand and utilization like the directaccess api integration than the ability to sell the coin on the various exchanges, the backend integrations will i feel be a driving force for demand on the 47bk tokens.

That will be for sure a nice Boost for 47B Token.
Binance is one of my favourite Exchanges and it will be a big deal if they can realize the backend integration.

Binance and KuCoin are the most favorite exchanges of mine. 47Bank is working together with Binance is a big plus and this will definitely boost the strength of the project. I am looking forward to see the progress update on that part.

Mostly, nowadays exchanges are losing their transparency by not sending the withdrawals on time. On the same way by keeping the fund within those exchanges is also risky, so we have to be very careful with all these exchanges.

This is one of the reasons why I was mainly interested in fortyseven bank and get some "transparent" exchange/bank. I'm starting to lose confidence with these "mainstream" exchanges.

Ofcourse we cannot predict when it is in starting stages because already we are seeing Binance exchange is doing good. Mainly CEO is very active in all sorts of the business in order to attract more people and there are more than 7million registered in the Binance exchanges.