In this blog post, we’ve highlighted two case studies that detail real-life business applications and challenges associated with unclaimed property within the FinTech industry. These studies also provide measures and best practices that all companies can use to ensure compliance with state laws.
Best Practices (14 articles)
Is compliance on your calendar in 2014? Below are just a few of the webinars and teleconferences that provide unclaimed property education, insight, and guidance to ensure compliance in the new year. Don’t miss out and register today! The Credit Department Update and Cleanup (Presented by NACM) Wednesday, January 29, 2014 3:00 PM – 4:00 […]
With the June Remit Report due date looming in June, the California State Controller has updated the Unclaimed Property Holder Handbook with instructions for properly reporting securities in California. A summary statement that outlines all changes made in the reporting process was just posted on the State Controller’s Office website. The primary changes and highlights […]
Maryland recently became the third state to propose legislation similar to the NCOIL Model Unclaimed Life Insurance Benefits Act, requiring insurance companies to conduct Death Master File (DMF) searches to proactively identify deceased policy owners. Meanwhile, a US Representative has introduced a bill to Congress that would prevent the Social Security Administration (SSA) from making […]
Recently, Val Jundt, Keane’s Managing Director of Consulting and Advisory Services, had the opportunity to sit down with the National Association of Credit Management (NACM) and give a few pointers on reporting unclaimed property. Val notes some of the more common mistakes in unclaimed property compliance, as well as some hints for companies that have […]