Fin3 Technologies, Inc.

@DOGE UCC Article 12 allows now for drafts (checks) to be purely and completely natively digital. Check out Digital Drafts from Fin3.tech By eliminating the paper instrument you also eliminate check fraud. youtube.com/watch?v=MyNtil… a great read: openbanker.beehiiv.com/p/thewritestuff

A post on…paper checks! -Treasury processed 116 million paper checks in FY2024. -In FY2023, $25 billion in tax refunds were delayed or lost due to returned or expired checks. -Treasury maintains a physical lockbox network to collect checks for tax (IRS), passport (State Department), etc. It costs approximately $2.40 per check to maintain this lockbox network. -Deleting paper checks would save at least $750 million per year.