Previously, the companies used the Social Security Death Master File to search and stop payments for deceased annuity holders, but the database wasn't being used to identify those life insurance policy holders who had died.
Congress has sent President Barack Obama bipartisan legislation scaling back across-the-board spending cuts on programs ranging from the Pentagon to the national park system.
JPMorgan is suing the Federal Deposit Insurance Corp. to recover more than $1 billion tied to its purchase of Washington Mutual when that bank failed in 2008.
The White House says the meeting was focused on efforts to repair the Obama administration's HealthCare.gov website and reform government information technology.