CONNECT FINANCIAL WORLD THROUGH SEVEN BANK FORTY ~ ideapad

Forty Seven Bank Bank can focus on digital money services by cryptocurrencies that support full and ancient edict currencies. the essential key crypto procedures embody the sale and buy of options, investment choices and also the exchange and storage of crypto and gyro. Multi-Asset Account are going to be one amongst the innovative product options achieved by Forty Seven Bank - this may permit customers to possess access to all or any their accounts in several banks and crypto wallets in addition as investment and saving them within the pawn and secra sector through one application. it's potential to work with every quality kind in accordance with having only 1 Multi-Asset Account at Forty Seven Bank.

Forty Seven Bank team can develop PSD2 compliant systems with integrated blockchain technology, sensible contract, API, life science and machine learning technology.

The purpose of Forty Seven Bank is to make such a market and take a number one position in each short and future perspective. the corporate can bias Attract finances through product discovered by Forty Seven Bank - Cryptobonds. Cryptobonds are going to be listed on numerous exchange platforms (mainly developed by Forty Seven Bank).

MISSION

Forty Seven Bank's mission and management team is to supply safe, innovative and user friendly money services and product to customers - people, businesses, developers, merchants, money establishments and governments. Forty Seven Bank could be a bridge capable of connecting 2 money worlds and building economical communication between the 2, a communication that may open the likelihood to enhance the trendy economic system as a full.

Forty Seven Bank creates price|a price} that creates Forty Seven Bank worth to be trusty with

Transparency
money stability
Firendly user effectiveness and procedures
Security and privacy (data protection)
Innovation; client satisfaction
Growing market share and worldwide expansion
edges for all stakeholders.

PRODUCTS AND SERVICES

Forty Seven Bank aims to supply a spectrum of ancient and digital money product and services for individual customers.

Along with secure on line identification, machine-controlled assessment, due diligence and AML shoppers, customers will continue with quick and secure banking. The Bank can do thus in accordance with the newest technology exploitation life science. once the complete identification of prospective shoppers and any registration within the operational info is complete, the consumer will access the services provided by Forty Seven Bank: IBAN, access to secure your notecase and crypto quota, credit and debit cards, personal and travel insurance, loans, access to Forty Seven App Platform with a large vary of applications, invoices, investments and brokerage services, etc.

PRODUCTS FOR BUSINESS

The action of sensible contracts and blockchain can open up tremendous new opportunities. The Forty Seven Bank team aims to penetrate ancient banking and enter into new banking views exploitation the newest exclusive services that square measure innovative for future edges. The technology and operational facilities of the Forty Seven Bank platform are going to be designed entirely to support client desires wherever customers will take full account of their personal or business experience and have the benefit of expensive e-commerce and digital solutions once it involves payments and dealings management. Forty Seven Bank shoppers can have the chance to simply upgrade their business exploitation Forty Seven Bank infrastructure and business models.

FORTY SEVEN APP PLATFORM AND API MANAGEMENT

All services are going to be obtainable through the API for management through sensible contracts or client applications. Forty Seven Bank can create it potential to make a very autonomous business due to full API access to their product and functions.

PAYMENT AND INVOICING METHOD

Forty Seven Bank builds a platform that's possible to simply receive payments on their websites, platforms, apps, games, etc. with AN easy-to-use and informative merchandiser cupboard. they're going to have the chance to receive payments in ancient edict currency through credit or debit cards (Visa, China UnionPay, MasterCard, Diners) and direct bank transfers. additionally, entrepreneurs are going to be ready to receive payments in digital currency with bank support that may give clearing procedures. At constant time, the bank can give a straightforward and effective invoice service. With all the services provided by Forty Seven Bank, the corporate can have the chance to well cut back prices, improve the effectiveness of labor procedures associated with money management and gain access to a large audience of prospects.

POS BIOMETRIC TERMINAL

Forty Seven Bank can develop POS terminal computer code, which can offer bank users the likelihood to attach their mastercard or checking account to their fingerprints, and pay at the shop by applying the thumbs to the fingerprint scanner put in on the POS terminal. This technology can improve the effectiveness of in-store payment processes, and can give edges not solely to customers, however conjointly to business customers, by lowering the amount of queues and increasing the amount of sales.

PRODUCTS FOR DEVELOPERS

All Forty Seven Bank platform functions, from regular activities associated with account management, gap accounts, uploading documents, printing credit and insurance are going to be created as one magnifier service. of these services in conjunction with partner commercialism services can go through the API and everything are going to be obtainable to shoppers via secure channels. The business can have the chance to actually unlock its potential by automating its money and operational activities by exploitation genus Apis for affiliation to servers and sensible contracts for the implementation of operations taking under consideration numerous conditions.

BANK AS A SERVICE

The Forty Seven Bank service referred to as the Bank as a Service can permit entrepreneurs to achieve access to all or any infrastructure parts of Forty Seven Bank through the API. Fintech begin ups or people who need to undertake the banking business are going to be ready to produce a White Label bank or their own money services agency. they're liberal to think about selling activities, whereas the developed infrastructure as well as banking licenses, technology, compliance, risk management and client service can do the remainder.

FORTY SEVEN APP PLATFORM

Forty Seven Bank shoppers will develop applications (such as apps for smartphones) that may work with the potential Forty Seven App Platform. Developers are going to be ready to produce their own banking applications, a larva for advanced account management or analytics applications. looking forward to the likelihood of on-line identification they're going to have the chance to scale indefinitely and earn considerably higher levels of financial gain.

PRODUCTS FOR MERCHANTS

Forty Seven Bank created AN innovative crypto product developed and introduced by Forty Seven Bank.

ACCOUNT MANAGEMENT

The Forty Seven Bank commercialism Account Management System can permit customers to manage their commercialism accounts and access options like trade news, configuration, funding and account chase that show info like margins, order order and execution to investigate trades and valuate performance and optimize methods. For institutional shoppers there'll be a feature to modify service suppliers like brokers, advisors and hedge fund managers to link and manage multiple accounts that piece numerous tools to supply cost-efficient services to their own shoppers.

ACCESS TO the appliance PLATFORM

Forty Seven Bank can offer customers access to commercialism platforms to offer them a valuable cost to trade equities, options, futures and forex. The mobile platform can feature a spread of userfriendly functions to watch the market in real time ANd to trace commercialism orders and positions in an intuitive dashboard that may be made-to-order with links to interactive market calendars and news. The Forty Seven Bank application can link to the client's banking account to permit free margin transfers.

ACCESS TO FORTY SEVEN BANK EXCHANGE

Forty Seven Bank can give interchange services to customers as well as bank-to-bank transfers and interchange transactions for international corporations. as a result of Forty Seven Bank can operate massive volumes, Forty Seven Bank are going to be ready to transfer wholesale rates that square measure operated on to customers. The Forty Seven Bank consumer are going to be ready to access the service upon gap of the account.

TECHNOLOGY THAT IS USED

Blockchain technology can rework the complete money business and banking. Forty Seven Bank is proud to be a part of this transformation and needs to play a key role by developing and delivering innovative money product and solutions to the Blockchain consumer shouldn't solely serve cryptocurrency fans, everybody and businesses ought to have the benefit of this innovative technology.

CRYPTOCURRENCY WALLET

The bank can give multi-currency wallets for Forty Seven Bank shoppers. Customers from Forty Seven Bank will store crypto during this notecase, monitor current balances, simply send and receive digital currencies, request payment dealings history. Customers are going to be ready to operate with current cryptocurrencies with edict currency. to safeguard consumer funds allotted in crypto, the keys are going to be hold on in a very secure non-public info that's insured, encrypted and replicated to multiple knowledge centers round the world. thus shoppers will perpetually come back their credentials for remote access checking account by proving their identity to the bank.

CRYPTOCURRENCY PAYMENT SYSTEM

For merchants WHO sell their product over the web, Forty Seven Bank can give a secure crypto payment system. patrons are going to be ready to get hold of product in crypto and edict currency via our payment system. Payment genus Apis and payment buttons for integration into merchandiser stores are going to be developed and created obtainable to customers. once a emptor buys the merchandise, he will select however they need to pay - either by exploitation edict or crypto currency. once a buying deal is received, funds from buyer's account or buyer's pulse square measure transferred firmly to the seller's account. Forty Seven Bank might initiate chargebacks for crypto-curency transactions just in case of duplicate charge, fraud or technical issues on the merchant's facet. The payment system are going to be safe and secure for each patrons and merchants.

SMART CONTRACT

Forty Seven Bank can use digital currency instruments like Cryptobonds and Cryptofutures for commercialism shoppers. The implementation of strict contracts are going to be secured by sensible contracts that may be developed and thoroughly tested by banks. The sensible contract are going to be written in a very Solidity minded programing language and can be enforced within the Ethereal obstruction network. ASCII text file of this contract are going to be clear and revealed in GitHub for public examination.

CONTRACT AUCTION

The sensible auction contract is like AN written agreement contract, however the addition permits the participation of multiple patrons or sellers. once many parties bid on the auction, the bank verifies whether or not the customer has adequate edict funds in his account. If the bidder has the funds to put the bet, the funds square measure blocked by the bank till another participant outperforms the bet. If the customer wins the auction, their funds are going to be transferred to the vendor once the shipping approval of the merchandise from the customer. Auctions among sellers are potential - during this case, the winning bidder is that the vender WHO has attained the simplest value for the customer.

API

Forty Seven Bank can give a comprehensive API to modify corporations and partners to integrate their applications and services with the bank's infrastructure. This integration can create it potential to exchange info and to link business processes from these organizations to Forty Seven Bank business processes. The action and tight integration of monetary services and numerous external systems can lead to valuable solutions for patrons.

ARCHITECTURE

Arsitektur infrastruktur Forty Seven Bank Akan dibangun dengan menggunakan praktik dan teknologi terbaik trendy. Semua knowledge Forty Seven Bank Akan direplikasi ke beberapa pusat knowledge rule terdistribusi secara geografis di seluruh dunia. knowledge Akan dicadangkan secara reguler. Semua server eksekusi Forty Seven Bank Akan diduplikasi untuk keandalan. Komputasi terdistribusi Akan digunakan untuk menyediakan tingkat ketersediaan layanan perbankan kita rule tinggi. Forty Seven Bank Akan menggunakan penyeimbang beban untuk mendistribusikan jaringan ke ujung depan - API dan antarmuka pengguna internet. Semua sistem Akan dirancang untuk dapat tumbuh hingga skala miliaran pengguna.

MICROSERVICES

The entire system are going to be designed exploitation loosely coupled microservices. Microservices can use the message bus for communication. The design is standard and allows freelance development and evolution for various components of the system. This design can permit United States of America to share the event through many development groups and adopt new technologies

with in no time speed. genus Apis suited to those microservices also will be modulated. this suggests that the complete API are going to be split into many little domain-specific sections

Account info API
Payment API
Trade API
White Label API.

FORTY SEVEN BANK APP STORE

Forty Seven Bank can give full market services for patrons. This service are going to be provided within the style of apps that customers will install from the app store. This application will give any money services - it may well be a guarantee, investment or commercialism. Customers are going to be ready to browse within the app catalog and install the specified applications into their account. Applications are often used via bank websites and mobile bank applications on robot and iOS in operation systems. once the user runs the app, authenticates the client, accepts the authorization so interacts with the bank infrastructure via the API.

LEARNING MACHINE

With our recent knowledge storage and computing capabilities, we have a tendency to see the educational engine because the cornerstone of our potency and operational accuracy. At Forty Seven Bank can use it in numerous operational and analytical functions, with the foremost distinguished example:

Risk management
Marketing
Client service
Fraud detection
Security
Development

In risk management, app analysis can mechanically use the default record chance (PD). on every occasion a consumer submits AN application for a replacement product or new feature at intervals AN existing product, like a better credit line, he / she is going to receive a risk assessment supported the credit score statistics model. per internal policies, customers whose application is higher than the tolerable level of risk are going to be rejected.

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