[ANN] 💠 FSBT TECH 💠 – Open API For Fintech Developers - page 288.

FortySeven

full member

Activity: 280

Merit: 101

Quote from: Retired on October 08, 2017, 05:16:00 AM

Quote from: aliyagiz207 on October 08, 2017, 05:10:16 AM

Quote from: Retired on October 07, 2017, 05:19:19 PM

Hadn't noticed you have between your advisors employees of Crédit Agricole and Swedbank.

there are really successful people on the team

Indeed! These guys really have good people onboard.

What is your income projection?

Quote from: poordeveloper on October 08, 2017, 08:19:14 AM

I think there are income projections in the one pager available in their website. I'll try to find them for you and post them here.

You are right, summary of income projections is in one pager, however, if you wish to learn more about our financial forecasts, we invite you to study our document called financial model, you can see it following the link: https://drive.google.com/file/d/0BzvESRkgX-uDenBWSl9VekkyQ1E/view

FortySeven

full member

Activity: 280

Merit: 101

Quote from: Retired on October 08, 2017, 10:07:10 AM

I highly doubt clients will need to have cryptocurrency knowledge. They're going to be a real bank. Banks don't need cryptocurrency knowledge.

Quote from: poordeveloper on October 08, 2017, 10:23:07 AM

Of course clients will not need to know anything about cryptocurrencies.

Forty Seven Bank will be able to serve both people in the cryptocurrency world and in the fiat world. However if one client only wants to use a part of the service offering, he'll be free to do so.

As our concept is to unite crytpocurrency world and world of traditional monetary economies and build the bridge between them, we will have customers from both communities - some of them will understand cryptocurrencies, some not, but it does not matter, as we will have products and services for both groups of people. Moreover, Forty Seven Bank will become the easiest way for conservative people to find out more about cryptocurrency world and opportunities it might give.
Forty Seven Bank will be the first bank to understand cryprocurrencies and fully support operations with them.

exortis

sr. member

Activity: 322

Merit: 250

I think the decision to postpone is very accurate
Roll Eyes

pictures to have been deleted from the server

poordeveloper

hero member

Activity: 896

Merit: 527

₿₿₿₿₿₿₿

Quote from: coindoctor on October 08, 2017, 04:49:52 PM

Will we be able to send SEPA transfers?

Absolutely. You will be able to do the same things you do on your current bank account plus tens more of things.

vireal

member

Activity: 103

Merit: 10

October 9, 2017
Updates:

Moved the pre-ICO dates from 16th of October to 30th of October, but left the ICO dates intact, so no changes for bounty campaign participants. We made that decision based on the feedback provided be the community, we understood that we need more time to tell the people about our project in detail;
Added max FSBT token amount in ANN post’s description;
We received offers from people who want to participate in closed crowdfunding round before the main preICO, backing the project for large amounts of ETH. Incase there are more people who wish to do the same, please contact us in Telegram in order to receive more information;
We now have Turkish, French, Italian, Spanish and Russian local official Telegram groups, if you wish to speak with us on one of those languages – welcome.

BigBoy89

legendary

Activity: 1512

Merit: 1011

FORTY SEVEN BANK looks like promising project. How do you plan to protect the biometric data you will use for authorization?

coindoctor

full member

Activity: 194

Merit: 100

路發

Will we be able to send SEPA transfers?

poordeveloper

hero member

Activity: 896

Merit: 527

₿₿₿₿₿₿₿

Of course clients will not need to know anything about cryptocurrencies.

Forty Seven Bank will be able to serve both people in the cryptocurrency world and in the fiat world. However if one client only wants to use a part of the service offering, he'll be free to do so.

Retired

sr. member

Activity: 490

Merit: 250

I highly doubt clients will need to have cryptocurrency knowledge. They're going to be a real bank. Banks don't need cryptocurrency knowledge.

ann2230

newbie

Activity: 58

Merit: 0

If they need to understand cryptocurrencies i am sure you will not have many clients...

icotokens

newbie

Activity: 35

Merit: 0

Quote from: FortySeven on October 06, 2017, 07:05:30 AM

Quote from: icotokens on October 06, 2017, 04:45:44 AM

Quote from: FortySeven on October 04, 2017, 09:44:29 AM

Quote from: icotokens on October 04, 2017, 09:35:37 AM

UK bank? Will it be multicurrency?

Yes, our customers will be able to have bank accounts in different fiat currencies like USD, EUR, etc.

Thanks a lot for your reply. When do you guys plan to launch? Do you have experience to be able to meet the licensing requirements? A bank is not a lemonade stand...

Thanks for your question!
We are planning to launch as Electronic Money Institution (EMI) and Payment Institution (PI) in August, 2018 and we are planning to get a banking license in June, 2019. Our team has relevant successful experience in creating financial technology products that have received official licence from Financial Conduct Authority (FCA) in the United Kingdom.

Will clients need to understand cryptocurrencies?

poordeveloper

hero member

Activity: 896

Merit: 527

₿₿₿₿₿₿₿

I think there are income projections in the one pager available in their website. I'll try to find them for you and post them here.

Retired

sr. member

Activity: 490

Merit: 250

Quote from: aliyagiz207 on October 08, 2017, 05:10:16 AM

Quote from: Retired on October 07, 2017, 05:19:19 PM

Hadn't noticed you have between your advisors employees of Crédit Agricole and Swedbank.

there are really successful people on the team

Indeed! These guys really have good people onboard.

What is your income projection?

exortis

sr. member

Activity: 322

Merit: 250

that this project attracts the attention of big investors?
designed by a much more professional team than many other card projects.

aliyagiz207

full member

Activity: 266

Merit: 242

Quote from: Retired on October 07, 2017, 05:19:19 PM

Hadn't noticed you have between your advisors employees of Crédit Agricole and Swedbank.

there are really successful people on the team

Retired

sr. member

Activity: 490

Merit: 250

Hadn't noticed you have between your advisors employees of Crédit Agricole and Swedbank.

exortis

sr. member

Activity: 322

Merit: 250

If 18 thousand ethers are not collected, the project will not be started?

poordeveloper

hero member

Activity: 896

Merit: 527

₿₿₿₿₿₿₿

Well, a big percent of people prefers using web wallets. Wouldn't it be awesome for your web wallet to be a regulated bank?

Sergey_kripta

full member

Activity: 322

Merit: 100

But is it not possible that the use of the bank destroys the concept of crypto currency? I mean:
1. The bank is a centralized structure. One of the ideas of the crypto currency in decentralization.
2. Anonymity - using the bank we can not remain anonymous and will be subject to control.

poordeveloper

hero member

Activity: 896

Merit: 527

₿₿₿₿₿₿₿

Quote from: satria33 on October 07, 2017, 10:56:36 AM

If seen from the partnership this project is quite promising especially coupled with a good team btw why I do not see total token supply on this project

Total amount of tokens generated will consist of tokens sold during pre-ICO and ICO, bonus tokens and tokens generated for founders, advisors and bounty campaign.

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