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Hotlist Growth Reflects Confidence in DRN’s Provider and Affiliate Network FORT WORTH, TX 1/23/2018 – Digital Recognition Network (DRN) announces today that the company’s active hotlist hit an all-time high of 360,000 License Plate Recognition (LPR) assignments. DRN also reports that in 2017 the company’s providers recovered collateral totaling a record $2 billion in asset […]

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Fort Worth, TX and Livermore, CA, December 14, 2017 – VaaS International Holdings (VaaS), a global leader in image recognition, data, and analytical technology, today announced the hiring of Matthew Brady as Chief Revenue Officer (CRO). In this role, Matthew will leverage his leadership experience in the technology industry to align VaaS brands, Digital Recognition […]

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Hotlist growth is fueled by increased provider assignments, affiliate scan volumes and skyrocketing vehicle recoveries FORT WORTH, TX 11/20/2017 – Digital Recognition Network (DRN) marked two new milestones in its nine-year history as the company’s live hotlist exceeded 315,000 License Plate Recognition (LPR) assignments, and the asset value of vehicles recovered utilizing DRN’s automated LPR […]

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DRN’s License Plate Recognition (LPR) data is now added and compared to other public records data in masterQueue’s dashboard to help lenders better determine the chance for positive collection or recovery resolution LA QUINTA, CA 11/13/2017 – Digital Recognition Network (DRN) and Intellaegis, Inc. dba “masterQueue” announced today at the annual Used Car Week Auto […]

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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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