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FORT WORTH, TX 04/12/2016 – Digital Recognition Network (DRN) (www.drndata.com) announced today that the company has entered into a settlement agreement to resolve the litigation accusing Four Repossession Agencies (Agents) of breaching their license agreements with DRN, misappropriating DRN’s trade secrets, and violating the Federal Computer Fraud and Abuse Act and Texas’ Harmful Access by […]

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The rise in subprime delinquencies and charge-offs hits lenders’ bottom line but vehicle location data and analytics is putting lenders on the right track. Over the past year, we have been sounding the alarm with lenders – warning them that mounting delinquencies and charge-offs would impact revenues and ultimately devalue their portfolios. And, while default […]

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How the “riskiest of the risky” auto loan portfolios become a lot more attractive with collectability insights powered by vehicle location data. I recently spoke on a technology and operations panel at the Debt Buyer’s Association annual conference in Las Vegas. The debt buyers in the audience shared two major insights – the first, their […]

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Last month in Fort Worth, DRN gathered 20 executives from the top auto lenders across the country for the second annual DRN Lender Roundtable. And while lenders also enjoyed a night out at the rodeo watching the country’s top bull riders, the issues competitive issues facing the lenders are no bull. The topics were often […]

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Diversify your portfolio with auto debt using vehicle location data for collectability. By Stephen Nethery Auto debt doesn’t rank high on most Debt Buyers scorecards. But what many don’t realize is that they may be missing out on collectable portfolios that can drive results and revenue. Why does auto debt get a bum rap? Here’s […]

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Vehicle location data may be the missing link you need.  Arson set fires were up 10% in 2014, according to the National Fire Protection Association (NFPA). In 2014, arsonists were responsible for $729 million in property damage including fires at factories, residential buildings and churches and in motor vehicles. Even as carriers employ Special Investigative […]

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