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DRN began conducting migration studies in March as the COVID-19 pandemic began to prompt stay-at-home orders and business shutdowns across the U.S. Our findings confirmed that fewer cars have been on the road and many people have relocated, either for jobs, financial reasons, to move away from COVID “hotspots,” or to shelter-in-place closer to family […]

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DRN’s Jeremiah Wheeler, EVP and General Manager, joined a recent discussion on the Auto Remarketing Podcast. Jeremiah provided perspective on how the COVID-19 pandemic has affected location data gathering and how DRN had to quickly shift its strategy and processes to maintain the volume of data needed to meet ongoing public safety and other needs. […]

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As our nation begins to move slowly toward recovery from the COVID-19 shutdown, businesses are shifting their focus from the financial and other implications of temporary closures. The new focus is on developing “Reopen Strategies” that will allow our industry to slowly push toward normalcy. DRNsights data can play a meaningful role in these strategies […]

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  COVID-19 has created a unique situation for DRN and our lenders. With communities nationwide in various stages of shutdown, businesses closed, and many people working from home or – unfortunately – unable to work, there are fewer cars on the road and more staying parked at home. This has enhanced DRN’s ability to locate […]

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DRN hosted a webinar in April to share perspectives from the vehicle finance industry about how the current COVID-19 environment is changing how they do business.  We heard from Jan Stieger, Executive Director of the Receivables Management Association International (RMA Intl.), a receivables trade association. Jan discussed that the COVID-19 pandemic has created a need […]

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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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The Facts Don’t Lie Like most B2B businesses, DRN solves problems for our customers. And by solving these problems, we do more than just drive revenue and results, we create a bigger impact. That impact touches anyone that drives a car and has an insurance policy. Our data and analytics mitigate risk for auto lenders […]

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