Digital Drafts & Check Fraud Prevention Fin3 is the inventor of Digital Drafts, the digital equivalent to paper checks. Digital Drafts have the same legal standing as physical checks under UCC articles 3 and 4, and in addition they can exist in purely digital form thanks to UCC Article 12. Digital Drafts replace and eliminate physical checks thereby eliminating the check fraud associated with physical checks Digital Drafts facilitate a payment by decoupling the payor and the payee, the payor issues the payment via Digital Draft and then the payee settles it via a rail of their choice (ACH, FedNow, RTP, VCard, etc.) Digital drafts have been designed and built with security in mind and as a result offer a number of security features
More information can be found on our website, our LinkedIn page, and our demo videos on YouTube
Stables Platform
Fin3 enables Banks to create fully reserved stablecoins. We can create both covered stablecoins and/or tokenized deposit stables Stables can be used for a variety of use cases in B2B, B2C, C2C, P2P settings If stables are something that your bank is exploring please reach out to me at [email protected]
https://www.fin3.tech/