Fin3 Technologies, Inc.

Check fraud is a significant issue impacting both financial institutions and individuals. At Fin3, we’re addressing this challenge head-on. We’ve developed Digital Drafts—a groundbreaking type of Digital Negotiable Instrument designed to replace traditional physical checks. Thanks to UCC Article 12, these instruments are fully compliant with regulatory standards, offering a secure and modern alternative to paper checks. Want to learn more? Contact us today! #DigitalDrafts, #DigitalNegotiableInstruments, #CheckFraud #Fintech #Fin3

A must read for any enterprise, financial institution, payment processor, financial system regulator, or simply anyone who cares about digital payments, check fraud, and check payments in general. Great job Tom Brown! Fin3 is Commercializing Digital Drafts to help combat check fraud, to uncover efficiencies, make digital payments more secure, and perhaps to introduce a novel form of real time payment. #DigitalDrafts #DigitalNegotiableInstruments #DigitalPayments #UCC-12 #Fin3 #Fintech #CheckFraud

Digital Drafts Use Cases This post is part of a series where we highlight the benefits of using digital drafts for specific use cases ?? Innovating Class Action Settlements with Digital Drafts ?? In today’s fast-paced digital world, efficiency and convenience are key to ensuring fair and timely compensation in class action settlements. One solution that’s rapidly gaining traction is the use of digital drafts for payout distribution. ?? Why Digital Drafts? Traditionally, settlement payouts have relied on paper checks, which can be slow, prone to mailing errors, and inconvenient for recipients. Digital drafts, on the other hand, streamline the entire process, offering speed, security, and direct access to funds. ?? Benefits for All Parties: ? Faster Compensation – No more waiting for checks to arrive and clear. Funds are accessible almost immediately.? ? Increased Security – Digital methods reduce the risk of checks being lost or stolen. There is a tangible cost associated with check fraud lately. Additional security measures are also available. ? Greater Accessibility – Recipients can access their funds from any device, any time.? ? Cost Efficiency – Digital solutions reduce the administrative costs tied to printing and mailing checks. Sometimes the cost to create and mail a check may even exceed the amount on the check. ? Data Efficiency - No need to know payees’ banking details, an email address or SMS number will suffice. ? Regulatory Compliance - an email (or SMS) message discharges the legal obligation of the payor. As the legal landscape evolves, embracing digital tools for smoother and more secure settlements is a win-win for claimants and administrators alike. #LegalTech #ClassAction #Settlement #DigitalInnovation #Efficiency #LawAndTech #Fintech #DigitalDrafts #CheckFraud #Fin3 Mooney, Wright, Moore, & Wilhoit, PLLC, Mariposa County Epiq JND Legal Administration Rust Consulting KCC Angeion Group GCG (Garden City Group)

#DigitalDrafts

Check Fraud is Booming! Fin3 has tools to combat it. Digital Drafts is a regulatory compliant Digital Negotiable Instrument with the same benefits as a check, minus the headaches that physical checks cause. #checkfraud #DigitalDrafts #payments #digitalPayments #FinancialDrafts #digitalNegotiableInstrument #ControllablePaymentIntangible #fin3 Fidelity Investments, JPMorganChase, Simon Zhen, Wipfli, Publicis Sapient Alkami Technology https://lnkd.in/gayJEZYC

Digital Drafts can help in reducing, if not eliminating, check fraud! Fidelity Investments

Fin3's presentation at FinovateFall NYC! We are so proud of our team, we have accomplished so much is so little time. It is great to see what was just a concept a little over a year ago, grow into a real solution to check fraud. We are looking forward to our journey bringing Digital Negotiable Instruments (DNI), of which our first product the Digital Draft is an example, to life! https://lnkd.in/dYCgTqfJ #DigitalDrafts #DigitalNegotiableInstrument #ControllablePaymentIntangible #checkFraud Finovate

Fin3 team Jeff Manchester & Adam at the fin3 demo booth at FinovateFall NYC Way to go guys!

Way to go Fin3's Adam Yarnold & Jeff Manchester!

Top row, middle, that's us! Thank you Finovate!