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 […]
Partner Name: Victory Recovery Services Years as Partners: 10 Years Location: Buford, Georgia About Victory Recovery Founded in 1989, Victory Recovery Services was one of the first skip tracing companies at the time. The company now offers a forwarding model but still remains true to its roots by offering skip tracing services as a part […]
Acquisition complements Motorola Solutions’ command center software suite CHICAGO, LIVERMORE, CALIFORNIA and FORT WORTH, TEXAS – Jan. 7, 2019 – Motorola Solutions, Inc. (NYSE: MSI) today announced it has acquired VaaS International Holdings, Inc., (VaaS) a data and image analytics company based in Livermore, California and Fort Worth, Texas. Motorola Solutions paid a purchase price […]
DRN hosted 30 lenders at Used Car Week 2018 for the 2nd Annual Peer-to-Peer Excellence in Risk Management Roundtable. Lenders opened up in this face-to-face forum about the real issues that keep them up at night and here’s what they said. Look for an upcoming in-depth report recapping the Peer-to-Peer Roundtable and see how lenders […]
Rather than go to trial on the issue of damages, Location Services and DRN agree to a settlement that includes restrictions on Location Services’ use of license plate recognition (LPR) data and technology after the Court finds that Location Services “willfully and intentionally” interfered with DRN’s contract with DigitalDog Auto Recovery FORT WORTH, TX – […]
DRN and Vigilant Solutions Commit to Serving Veterans Veteran’s Day first began as Armistice Day in 1919 to mark the end of World War I. Since 1926, after the passing of a resolution from Congress, we began to celebrate the holiday as what it is now – Veteran’s Day. VaaS International Holdings – the parent […]
Location Services Loses to DRN Again with the Court Noting “[A]ntitrust laws were enacted for ‘the protection of competition, not competitors’” FORT WORTH, TX – NOVEMBER 9, 2018 – Digital Recognition Network (DRN), an AI and data analytics company that provides vehicle location data and analytics to auto lenders, insurance carriers and other commercial verticals, […]
The alliance enables the companies to provide auto lenders faster and more efficient recoveries, helping them to drive increases in recovery rates and mitigate losses RALEIGH, NC and FORT WORTH, TX – November 6, 2018 – Consolidated Asset Recovery Systems (Consolidated) – a leading provider of software and services for repossession management and remarketing – […]
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 […]
Company attributes this significant accomplishment to a fast-growing ‘HotList’, a strong provider network providing assignments to affiliates and dedicated affiliates working hard to carry out provider network assignments FORT WORTH, TX – OCTOBER 26, 2018 – Digital Recognition Network (DRN), an AI and data analytics company that provides vehicle location data and analytics to auto […]
