Blog - DRN Data

January 7, 2019

Motorola Solutions Acquires VaaS International Holdings, Leader in Data and Image Analytics for Vehicle Location

Susan Crandall wrote in News with 0 comment .

Acquisition complements Motorola Solutions’ command center software suite CHICAGO, LIVERMORE, CALIFORNIA and FORT WORTH, TEXAS – Jan. 7, 2018 – 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 […]

December 13, 2018

Lenders Speak Up at UCW Roundtable, Revealing Top Challenges

Jeremiah Wheeler wrote in Vehicle Location Data with 0 comment .

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 […]

November 15, 2018

Location Services, LLC Pays DRN $325,000 After Federal Court Rules in DRN’s Favor

Susan Crandall wrote in News with 0 comment .

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 – […]

November 12, 2018

Thank You, Veterans

Susan Crandall wrote in Vehicle Location Data with 0 comment .

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 […]

November 9, 2018

Federal Judge Rules in Favor of Digital Recognition Network (DRN) in Antitrust Case

Susan Crandall wrote in News with 0 comment .

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, […]

November 7, 2018

Consolidated Asset Recovery Systems and DRN Join Forces to Provide License Plate Recognition-enabled Recovery Services to the Auto Lending Market

Susan Crandall wrote in News with 0 comment .

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 – […]

October 29, 2018

Data Due Diligence: A Three-Pronged Approach to Risk Mitigation

Jeremiah Wheeler wrote in Financial Services with 0 comment .

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 […]

October 26, 2018

Digital Recognition Network Marks Key Milestone: More Than 20,000 Live LPR Recoveries in One Month Facilitated by Its Technology and Data

Susan Crandall wrote in News with 0 comment .

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 […]

October 12, 2018

Federal Judge Rules in Favor of Digital Recognition Network (DRN)

Susan Crandall wrote in News with 0 comment .

Court finds that Location Services “willfully and intentionally” interfered with DRN’s contract with DigitalDog Auto Recovery by participating with the company to breach its contract with DRN FORT WORTH, TX – OCTOBER 12, 2018 – Digital Recognition Network (DRN), an AI and data analytics company that provides vehicle location data and analytics to auto lenders, […]

September 24, 2018

Digital Recognition Network’s New FinTech Client Services Unit Helps Clients Be More Strategic and Demonstrates an Average of 193 Percent Return on Investment for Clients Using DRNsights

Susan Crandall wrote in Vehicle Location Data with 0 comment .

Company adds the Client Services Unit, new hires and promotes from within to meet the needs of its fast-growing FinTech Division FORT WORTH, TX – SEPTEMBER 24, 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, […]