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Financial Institution Data Match General Information Booklet Includes background information, participation instructions, required forms and media specifications for exchanging data with the Franchise

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What is data match?

Data match is a process where two sets of data are compared to identify and reconcile any discrepancies or inconsistencies.

Who is required to file data match?

Employers and financial institutions are required to file data match.

How to fill out data match?

Data match is typically filled out electronically through a designated platform or software.

What is the purpose of data match?

The purpose of data match is to ensure accuracy and compliance in reporting financial information.

What information must be reported on data match?

Information such as employee names, social security numbers, and income details must be reported on data match.

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