Fin3 Selected for ICBA ThinkTECH Accelerator Program

Fintech to join eighth cohort to develop check fraud tools for community banks

Fin3, with its Digital Drafts, a check replacement option for community banks, announced today its selection to the Independent Community Bankers of America®’s (ICBA) ThinkTECH Accelerator Program, which kicks off January 13 at the ICBA Center for Innovation in Atlanta. The first of two accelerators planned for 2025, the cohort offers solutions to meet a diverse set of community banker needs, including vendor management, check fraud prevention, integration, digital banking for families, conversational AI and commercial lending.

“We are thrilled to participate in the ICBA ThinkTECH Accelerator, a crucial source of community banking innovation since 2019,” said Albert Szmigielski, Fin3 CEO and chief technology officer. “The mentorship and guidance provided during the ThinkTECH program is unparalleled, and we are excited to continue refining our check replacement tool for community banks.”

Fin3 is focused on reducing check fraud and creating operational efficiencies at financial institutions and small- and medium-sized businesses by providing check replacements. Fin3’s payment method, Digital Drafts, is based on changes to payment law, specifically UCC Article 12, and provides modern solutions for critical use cases. Fin3 was selected to demonstrate Digital Drafts at FinovateFall, established a sponsor bank relationship earlier this year with Core Bank and has NYCA Partners & Motivate Capital as lead investors.

Since its inception, the ICBA ThinkTECH Accelerator has connected the most innovative fintech companies with more than 1,400 community bankers and industry leaders — identifying and designing workable solutions that solve for modern banking needs. Participants receive mentorship from a distinguished network of industry stakeholders through an immersive 10-week bootcamp and will present their refined offerings to community bank executives during a showcase at ICBA LIVE in Nashville, Tenn., in March.

“We are excited to have Fin3 join us as a member of our first ThinkTECH accelerator cohort of 2025,” ICBA Executive Vice President and Chief Innovation Officer Charles Potts said. “Check fraud is one of the biggest challenges facing today’s community banks. Fin3 is offering an innovative and modern solution to this problem, avoiding the biggest challenges associated with checks.”

For more information about Fin3, visit fin3.tech, and for more information about the ICBA ThinkTECH Accelerator, visit www.icba.org/accelerator.

About Fin3

Fin3 is a trailblazer in the digital payments space, having invented a new payment method – Digital Drafts – based on changes to payment law, specifically UCC Article 12. We’re focused on reducing check fraud and creating operational efficiencies at FIs and SMBs.

We are passionate about solving hard real-world problems through Advanced Financial Technology in a regulated environment. Our mission is to help the ~11,000+ financial institutions in the U.S. and their 1.8mm employees thrive in a rapidly evolving technology environment.

About ICBA

The Independent Community Bankers of America® has one mission: to create and promote an environment where community banks flourish. We power the potential of the nation’s community banks through effective advocacy, education, and innovation.

As local and trusted sources of credit, America’s community banks leverage their relationship-based business model and innovative offerings to channel deposits into the neighborhoods they serve, creating jobs, fostering economic prosperity, and fueling their customers’ financial goals and dreams. For more information, visit ICBA’s website at icba.org.

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