From startups to legacy brands, you're making your mark. We're here to help.
Key Links
Prepare for future growth with customized loan services, succession planning and capital for business equipment.
Key Links
Institutional Investing
Serving the world's largest corporate clients and institutional investors, we support the entire investment cycle with market-leading research, analytics, execution and investor services.
Key Links
Providing investment banking solutions, including mergers and acquisitions, capital raising and risk management, for a broad range of corporations, institutions and governments.
Key Links
A uniquely elevated private banking experience shaped around you.
Whether you want to invest on your own or work with an advisor to design a personalized investment strategy, we have opportunities for every investor.
Explore a variety of insights.
Key Links
Insights by Topic
Explore a variety of insights organized by different topics.
Key Links
Insights by Type
Explore a variety of insights organized by different types of content and media.
Key Links
We aim to be the most respected financial services firm in the world, serving corporations and individuals in more than 100 countries.
Key Links
Delaware’s Office of Unclaimed Property began working with JPMorgan Chase in 2020. Since then, our Government Banking team has helped return more than $4 million in unclaimed funds to 25,000 state taxpayers.
Find a more efficient way to return unclaimed funds to taxpayers
Like most government agencies, Delaware’s Office of Unclaimed Property is often asked to do more with less—all while trying to reduce costs and improve efficiency. One particular pain point: returning unclaimed funds to taxpayers. For years, the state used a manual process to prepare and mail checks to each person who was entitled to a claim, a timely and costly way to operate.
It can include money left in old bank accounts, uncashed paychecks, unused balances on gift cards, unreturned utility deposits, uncollected insurance payments, and forgotten stocks and dividends. It does not include real estate or vehicles.
Use automated tools to streamline the process
JPMorgan Chase’s Government Banking team helped streamline the payments portion of Delaware’s MONEY MATCH program. The program uses technology to identify unclaimed funds and return them to the rightful owners based on recent state tax filings—without owners having to file a claim or submit additional paperwork. The program works by matching the state’s unclaimed property database with verified name, address and taxpayer identification numbers. Once a successful match is made, a check is mailed to the owner.
JPMorgan Chase orchestrated the program’s check processing from setup to distribution. Each check comes with a letter explaining the program to help avoid potential fraud concerns from taxpayers receiving an unsolicited check. Recipients can visit any local JPMorgan Chase branch to cash their check. Even if they don’t have a JPMorgan Chase account, the transaction has no fees.
Faster payouts—when people needed them most
Before the program, the Office of Unclaimed Property spent five to 15 minutes of staff time on every unclaimed property claim. The office estimates it has saved between 2,000 and 6,000 hours since the program’s rollout, allowing employees to process other claims faster.
The program was implemented during the COVID-19 pandemic. By updating the payment process, the Government Banking team and Delaware’s Office of Unclaimed Property were able to return extra funds to thousands of families during a challenging time—faster and without requiring the filing or review of a claim.
$4 million
Returned to taxpayers—all automatically
2,000+
Employee hours saved since the program’s launch
400-1,250
Employee hours saved per year, freeing up staff to process other claims faster
© 2022 JPMorgan Chase & Co. All rights reserved. JPMorgan Chase Bank, N.A. Member FDIC. Visit jpmorgan.com/cb-disclaimer for disclosures and disclaimers related to this content.
Banking
Q2 venture capital trends in the EMEA markets
Jul 18, 2024
Experts discuss the trends affecting the Europe, Middle East, and Africa (EMEA) venture capital ecosystem, including signs of recovery across the IPO and M&A markets.
Banking
Jul 11, 2024
Experts discuss the trends affecting the venture ecosystem in the second quarter of 2024, including stabilizing investment activity at subdued levels, the competitive fundraising landscape and increasing optimism around the state of capital markets.
Banking
Powering new investments in the clean energy space
Jul 11, 2024
J.P. Morgan recently partnered with clean energy developer Ørsted on a groundbreaking $680 million tax equity financing deal.
2:52 - Banking
Today’s capital market trends: What to know
Jun 18, 2024
Raising capital—especially right now—can seem like a daunting task. J.P. Morgan bankers reflect on current capital trends and what business owners should keep in mind as they navigate the process of pursuing funding.
Banking
Top 5 takeaways from the Nashville Healthcare Leadership Summit
Jun 14, 2024
Healthcare executives, leaders and investors shared perspectives on the industry’s most pressing topics, including healthcare equity, value-based care and the 2024 election.
Banking
Managing cash: Make sure your assets are well protected
Jun 10, 2024
Choosing where and how to hold your cash reserves is as important as any investment decision.
Banking
A game changer for women’s soccer
May 24, 2024
J.P. Morgan alumni Angie and Chris Long recently opened the world’s first purpose-built women’s stadium in partnership with the firm.
Banking
Helping New York Blood Center Enterprises invest in its future
May 16, 2024
J.P. Morgan led a $46 million bond sale to support New York Blood Center Enterprises’ critical infrastructure needs.
You're now leaving J.P. Morgan
J.P. Morgan’s website and/or mobile terms, privacy and security policies don’t apply to the site or app you're about to visit. Please review its terms, privacy and security policies to see how they apply to you. J.P. Morgan isn’t responsible for (and doesn’t provide) any products, services or content at this third-party site or app, except for products and services that explicitly carry the J.P. Morgan name.