FORTYSEVEN _ connect the financial world

Forty Seven is a unique project built to create a modern universal bank for both users of cryptocurrencies and adherents of the traditional monetary system; banks to be recognized by international financial organizations; a bank that will comply with all regulatory requirements.

The UK government and regulatory authorities have developed favorable conditions against crypto and other digital asset initiatives. London itself is a major financial hub providing access to significant foreign exchange market share of total world foreign exchange transactions. With this in mind, it can be drawn an affirmation that London can provide a solid basis for the claims and progress of cryptographic services.

Forty-seven teams have had successful experience in developing financial technology products and completion of their legal enrollment procedures in full within the UK-FCA regulatory framework.

VISION

Forty Seven Bank is a bridge capable of connecting two financial worlds and building efficient communication between the two, a communication that will open the possibility to improve the modern financial system as a whole.

MISSION

Forty Seven Bank's mission and management team is to provide safe, innovative and easy-to-use financial services and products to our customers - individuals, businesses, developers, merchants, financial institutions and governments.

Forty Seven Banks will provide White Label solutions for partners who want to create and market banks with their own brands, while at the same time using our bank infrastructure for all operations. You can create your own website or mobile app and integrate it. with Forty Seven Bank infrastructure via the White Label API. The Bank as the Service API will provide the following functions:

-Personal information, bank accounts and financial transactions;

-Transfer funds into Forty Seven Bank and to other banks through SEPA;

-Loan management;

-Deposit management.

ADVANTAGES

-Transparency;

-Financial policy;
- Effectiveness and firendly procedures of users;
-Certainty and privacy (data protection);
- Accommodations;
-Customer satisfaction;
- Growing market share and worldwide expansion;
-Profit for all stakeholders.

PRODUCTS AND SERVICES

Forty-seven banks aim to provide a spectrum of traditional and digital products and services for individual customers.

In the past, Customer Relationship Management (CRM) has changed its approach to business and customer service. We believe that smart contracts related to legal and financial banking services will result in a new technological revolution.

Products for business

The synergy of contracts and smart blockchain will open
up new opportunities that can not be trusted . Our team aims to break through traditionalbanking and step into new banking perspectives using today's exclusive innovative services for future benefits. We created not only technology banks, we created the banks of the future.

Forty Seven App Platform and API Management

For our business customers, we will have a wide range of financial products and services. All services will be available through the API for management through smart contracts or customer applications. We will make it possible to create a truly autonomous business thanks to full API access to their products and functions.

Payment and Invoicing Process

Forty-seven banks will provide a variety of payment processing solutions to our business clients. E-commerce clients will have the possibility to easily receive payments on their web pages, platforms, apps, games, etc. with easy-to-use and informative cabinet and merchant panels.

They will have the opportunity to receive payments in traditional fiat currency through credit or debit cards (Visa, China UnionPay, MasterCard, Diners) and direct bank trans-fers. In addition, entrepreneurs will be able to receive payments in digital currency with bank support that will provide clearing procedures. At the same time, the bank will provide an easy and accurate invoice service. With all the services provided by Forty Seven Bank, the company will have the opportunity to substantially reduce costs, improve the accuracy of work procedures related to financial management and gain access to a wide audience of prospects.

Financing and Factoring

We want our business clients to place a major emphasis on running core procedures in their entities, which is why Forty Seven Bank will offer a factoring solution that will allow to receive immediate cash for accounts receivable.

The Bank will finance, manage and guarantee invoice bills issued by the company through smart contracts. The Company will have various short-term financing options to cover operational activities, as well as the possibility of long-term financing for development, expansion and growth.In addition, by integrating machine learning, banks will assist business clients with a credit risk profile from their customers.

Financing and Factoring

POS biometric terminal

We will develop POS terminal software, which will give our bank users the possibility to connect their credit card or bank account to their fingerprints, and pay at the store by giving the thumbs hand to the fingerprint scanner installed on the POS terminal. .

This technology will increase the level of payment processing in the store, and will provide benefits not only for customers, but also for business customers, by lowering the number of queues and increasing the number of sales.

ICO

In our opinion, ICO is currently the best and fastest way to attract attractive project financing, especially for community driven people with the aim of developing critical infrastructure elements associated with crypto in the region. We believe that ICO can encourage innovation, as it withdraws funds through its ICO procedures does not have to go through traditional bureaucratic procedures. In addition, because ICO is done through smart contracts and block chains, all are transparent and project authors assume full responsibility for realizing the idea successfully. ICO also provides an opportunity for people from countries with an interest to contribute their digital assets to projects and teams residing in other countries. In traditional countries there are many limitations and limitations for individuals to participate in such activities and there is no possibility for people to contribute relatively low amounts of funds into projects with promising non-financial benefits.

Forty Seven Bank will provide services for companies wishing to withdraw financing through ICO. These services 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.

TOKEN