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DRN hosted a webinar in April to share perspectives from the vehicle finance industry about how the current COVID-19 environment is changing how they do business.  We heard from Jan Stieger, Executive Director of the Receivables Management Association International (RMA Intl.), a receivables trade association. Jan discussed that the COVID-19 pandemic has created a need […]

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DRN continues to closely monitor the widespread impact of the coronavirus (COVID-19) pandemic. The safety and well-being of our employees, customers, partners and suppliers remain our top priority. Additionally, we are committed more than ever to supporting the critical communications, safety and security needs of our public safety and enterprise customers during this time.  A […]

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New OSA Report Cites Complaints Against Auto Lenders from Servicemembers The Office of Servicemember Affairs (OSA) recently released their 2018 Annual Report, which details complaints that have been submitted by servicemembers throughout the year. According to the report, there have been many complaints received about vehicle loans, which included: Late fees without notice from lenders […]

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DRN and ARS Celebrate History of Partnership and Innovation About American Recovery Service American Recovery Service (ARS) provides a powerful and effective LPR service solution and is known for having developed the original LPR staging model for the recovery industry.  Celebrating their 25th anniversary this year, ARS continues to carry on the legacy of innovation […]

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Even with our strong economy, delinquencies remain an issue despite seeing high prime and subprime recoveries. Still, increased vehicle demand does not equal increased profit. Solution: Throw Data at it. Lots of it. Longer loan terms driven by higher vehicle prices and loan payments present a challenge. You can’t afford to lose track of the […]

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Alternative data’s impact on the automotive industry is heating up Last month, DRN’s FinTech team attended the first annual Automotive Intelligence Summit (AIS), where we were also a proud sponsor of the event. The conference centered around technology and its effect on the automotive industry, bringing together professionals within the industry for three days to […]

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The annual Collections and Recovery Solutions (CRS) conference never fails to recharge my batteries. Coming just 5 months into the year, it’s a great time to take the pulse of the industry and hear first-hand the challenges and successes of the industry. Entering the year at American Financial Services Association (AFSA) Conference, the buzz was […]

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