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Rethinking the Role of Technology Innovation in an Increasingly Interdependent, Complex & Resource constrained World.Tim T & John Contracting Consulting .
A report from the World Economic Forum Global Agenda Council on Emerging Technologies
With the average lifetime of a company on the Fortune 500 estimated to be less than 30 years, the impact of technology on business has never been greater. At the same time,businesses are under increasing pressure to be sustainable.The revolution in Internet technologies that's pawned Google and Facebook is only the beginning of a period of massive and accelerating change.Emerging technologies in the life sciences, materials and computing are combining and sparking an unprecedented array of novel and potentially game-changing technology innovations (see below). This rapid pace of change is leading to an increased competitive threat to established businesses, while offering the potential for newcomers to blindside incumbents. But it also offers businesses new opportunities to leverage global trends from energy security to availability of fresh water.In today’s globalized world, businesses cannot afford to ignore the opportunities and challenges presented by emerging technologies. Technological innovation is increasingly required to meet the goals of sustainable industry and to address pressing global issues.Yet the successful development and use of emerging technologies is fraught with difficulty –requiring businesses to learn new ways of integrating technology innovation into their plans.This white paper looks at how we develop and use technology within an increasingly complex and interconnected society, and how we can translate this into developing timely, cost effective and acceptable solutions to pressing global challenges.Director Tim Thomas /John Valadez.
VALIDitY IT Data
ReplyDeleteUnclaimed Funds
ReplyDeleteThe Federal Deposit Insurance Corporation (FDIC) provides deposit insurance to financial institutions and depositors of these institutions. If a financial institution is closed, by a regulatory agency, the FDIC is appointed as Receiver and is responsible for the payment of insured deposits and the liquidation of the remaining assets. If you did not claim your funds previously you now have another opportunity to do so. Review the "How to claim your funds" section below and complete the attached form.
Why does FDIC have unclaimed funds?
When a failed financial institution (bank or savings and loan) with federal deposit insurance is liquidated, the FDIC resolution division is responsible for paying:
Unclaimed insured deposits up to the insurance limit
Dividends declared on excess deposits over the insurance limit
Dividends declared on general creditor claims
Funds distributed to the shareholders of the failed institution
In many instances these funds remain unclaimed because:
The insured deposit is never claimed from the assuming financial institution
The dividend check on the excess deposit amount is not cashed
The dividend check on the general creditor claim is not cashed
The check to the shareholder is not cashed
A valid address is not on file and the dividend check has been returned to the FDIC
What funds are available?
The database for this site contains unclaimed funds for either unclaimed insured deposits (for receiverships established between January 1, 1989 and June 28, 1993), or for dividend checks issued which were undeliverable or never cashed. As receiverships are terminated, under Federal Law 12 U.S.C., 1822(e); see also Pub. L. No. 103-44, section 2(b) unclaimed insured funds can no longer be claimed and data will be removed from the website. Dividends, however, for uninsured portions of a deposit might be claimed post termination if a dividend check was returned for a bad address.
How to search for funds:
Before doing searches on unclaimed funds, please read the FDIC's general disclaimer.
Search options are first name only, last name only, first and last name, business name, or official item check number. To narrow your search you may enter additional information; i.e., Failed Institution Name, OR City, OR State. After you have entered your search criteria, click on submit. The results for name searches will return with all matches to your character string. Then you may review the results to determine if the FDIC holds funds for you. If you find your name and believe FDIC may be holding your funds, please follow the instructions in the "How to claim your funds" section below.