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What is KAPS?

Kelmar’s KAPS system, tailored for managing unclaimed property, is a versatile and scalable Software as a Service (SaaS) platform specifically aimed at government initiatives dealing with unclaimed assets. This innovative solution enables administrators to efficiently manage the entire lifecycle of unclaimed property, starting from the submission of reports and receipts and extending through due diligence mailing, escheatment, claims processing, and payment execution, all via a relational database interface that focuses on system configurations rather than requiring extensive custom coding. KAPS integrates seamlessly with state websites and features cloud-based document imaging, automated communications with property owners, and built-in LexisNexis verification for identity confirmation, in addition to leveraging the Kelmar Fraud Index for AI-enhanced risk evaluations. The system employs robust and secure authentication protocols and undergoes annual assessments to ensure compliance with SOC 2 Type 2 and ISO 27001:2022 standards, while also holding GovRAMP authorization. Moreover, its enhanced capabilities support auction closure processes, enable manual online reporting for smaller stakeholders, and assist in managing tangible property, thus providing a thorough approach to unclaimed property administration. As a result, each component of KAPS plays a critical role in promoting efficient and transparent practices in the management of unclaimed assets, solidifying its importance as an essential resource for governmental organizations. Ultimately, the KAPS system stands out as a comprehensive solution that not only streamlines operations but also fosters trust among the stakeholders involved in the unclaimed property process.

What is FraudPoint?

Stay ahead of the constantly evolving threat landscape with advanced fraud detection technology that improves operational efficiency while also reducing costs. LexisNexis FraudPoint employs advanced analytics to identify fraudulent applications by leveraging extensive and continuously updated identity and digital intelligence. This real-time data refreshment equips you to outsmart fraudsters effectively. With FraudPoint's solutions, businesses can detect fraudulent activities before finalizing any application, successfully identifying synthetic identities and other deceitful practices, which results in a significant reduction in both fraud occurrences and financial losses. Additionally, by optimizing the investigative process, FraudPoint lowers administrative costs associated with unproductive inquiries, thus enhancing your overall financial health. Furthermore, this analytic suite offers access to some of the most reliable fraud prevention data and insights, including crucial digital analytics, boosting your ability to recognize a variety of fraudulent actions. The comprehensive framework of FraudPoint not only prepares organizations to tackle existing threats but also fortifies them against future challenges in the realm of fraud detection. As a result, companies can maintain a proactive stance against potential risks while safeguarding their resources effectively.

Media

Media

Integrations Supported

KSS Call Manager
LexID
LexisNexis Instant Verify
LexisNexis Property Data

Integrations Supported

XML

API Availability

API Availability

Pricing Information

Pricing not provided

Pricing Information

Pricing not provided

Supported Platforms

SaaS

Supported Platforms

SaaS

Customer Service / Support

Standard Support
Web-Based Support

Customer Service / Support

Standard Support
Web-Based Support

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Company Facts

Organization Name

Kelmar

Company Location

United States

Company Website

www.kelmarassoc.com/unclaimed-property-solutions/management-systems

Company Facts

Organization Name

LexisNexis

Date Founded

1970

Company Location

United States

Company Website

risk.lexisnexis.com/products/fraudpoint

Categories and Features

Unclaimed Property

Not specified

Categories and Features

Fraud Detection

Not specified

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