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Pelican notes investment in DRNsights vehicle location data pays for itself as result of fewer charge-offs, faster repos and impound/stolen alerts FORT WORTH, TX 07/26/2017 – Since using vehicle location data and analytics from Digital Recognition Network (DRN), Pelican Auto Finance, a subprime auto-finance lender located in California and Pennsylvania, reports they have increased asset […]

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DRN’s vehicle location data helps PFCU improve right party contact to cure loans, locate assets for faster recovery, fewer charge-offs FORT WORTH, TX 05/10/2017 – Philadelphia Federal Credit Union (PFCU), an early adopter of DRN’s enterprise subscription for auto finance, DRNsights, reports more cured loans and fewer charge-offs resulting from improved auto debt collection and […]

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DRN guarantees to find at least 4% commercial use of at-risk personal auto policies FORT WORTH, TX 04/13/2017 – In response to the industry’s issues in the personal lines auto market, DRN’s Picture Proof provides a quick, substantial and positive impact on the combined ratios of a carrier’s auto book. Picture Proof provides pictures of […]

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Westlake sees drop in charge-offs and rise in recoveries after implementation FORT WORTH, TX 03/15/2017 – Digital Recognition Network (DRN) recently embedded DRNsights, powered by vehicle location data plus analytics, into Westlake Financial’s servicing platform to manage risk and reduce losses. Westlake’s recent monthly performance report showed DRN’s data assisted Westlake with an increase in […]

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Janek Brings Strategic Planning, Financial Management and Oversight and International Operations Experience to the VaaS Executive Team FORT WORTH, TX 03/15/2017 – VaaS International Holdings, Inc. (“VaaS”), a holding company with two wholly-owned subsidiaries, Digital Recognition Network, Inc. and Vigilant Solutions, L.L.C., has added David E. Janek as Senior Vice President and Chief Financial Officer. […]

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DRN’s Event Links Pictures Taps into Over 4 Billion Exclusive Nationwide Vehicle Sightings FORT WORTH, TX 7/11/2016 – Digital Recognition Network (DRN) (www.DRNdata.com), the leading provider of vehicle location data and insights, now enables an exclusive Pictures search of the company’s over 4 billion vehicle sightings. Through Event Links, insurance carriers access the pictures functionality […]

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Historical Data Available Free for 30-Day Trial Period FORT WORTH, TX 6/30/2016 – DRN’s vehicle location data has transformed the recovery industry; and now DRN is integrating the company’s historical hit data through Clearplan for even higher recovery rates. Starting July 1, DRN Affiliates can access historical hit data in Clearplan’s Business Plan free for […]

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The Facts Don’t Lie Like most B2B businesses, DRN solves problems for our customers. And by solving these problems, we do more than just drive revenue and results, we create a bigger impact. That impact touches anyone that drives a car and has an insurance policy. Our data and analytics mitigate risk for auto lenders […]

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FORT WORTH, TEXAS — April 19, 2016 —Electric Insurance Company has adopted the “Live Alerts” stolen vehicle identification and recovery system after saving more than $30,000 in costs associated with a vehicle theft claim in just the first four days of implementing the software into their process. Stolen vehicles cost the insurance industry $4.5 billion […]

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Mike Villanova added to support Auto Finance channel growth FORT WORTH, TX 04/15/2016 – As Digital Recognition Network (DRN) continues to rapidly expand the company’s auto finance channels, the company has hired Mike Villanova as Director of Channel Sales. Adding this position, enables DRN to provide the dedicated support needed for this growing market. Mike […]

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