Verified addresses (CASS & friends) receive automation discounts. These save taxpayer money by reducing delivery exceptions.
We can help the USPS by using a very cheap API to ensure that data we are entering into bank core systems is accurate.
Yes, the entity is for-profit. The bank is for-profit. Everyone is for-profit. Who gives a shit. This isn't a zero sum game. Everyone can win, including the USPS and the taxpayer.
I give a shit; I want costs and incentives aligned as closely as possible, and that means not shifting the cost of things to the taxpayer in a way that ensures there will both never be competition, and the true costs are not borne by the people who actually incur them.
The people arguing against you are not going to see it your way.
There is a ideology of some people that think that taxes are a magical way of funding anything they feel is a common good. Most of the time these are well intended thoughts of public good. However they NEVER take into the account the unintended consequences of their ideas. It stops with tax more = more public good.
There are just as many people who seem to think that all taxes are inherently harmful for any possible use case and nothing will convince them otherwise. I would honestly expect fintech to have more of this group than the one you describe.
Maybe people like you can just pay more?