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Fort Worth, TX and Livermore, CA, October 5, 2017/PRNewswire – VaaS International Holdings (VaaS), a global leader in image recognition, data, and analytical technology, today announced the hiring of Susan R. Crandall as Vice President of Marketing and Legislative Affairs. In this role, Susan will help VaaS expand its global footprint, delivering their technology to […]

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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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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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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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Add vehicle sighting data to insurance carrier predictive analytic models; you’ll be surprised at what you find out. There is no debating the value of insurance carrier predictive analytics. Property and casualty insurers report that models built from predictive analytics help them to improve business performance. And like any business model, the better the data […]

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