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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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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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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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DRN’s Event Links Pictures Taps into Over 4 Billion Exclusive Nationwide Vehicle Sightings FORT WORTH, TX 7/11/2016 – Digital Recognition Network (DRN) (www.DRNdata.com), the leading provider of vehicle location data and insights, now enables an exclusive Pictures search of the company’s over 4 billion vehicle sightings. Through Event Links, insurance carriers access the pictures functionality […]

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Historical Data Available Free for 30-Day Trial Period FORT WORTH, TX 6/30/2016 – DRN’s vehicle location data has transformed the recovery industry; and now DRN is integrating the company’s historical hit data through Clearplan for even higher recovery rates. Starting July 1, DRN Affiliates can access historical hit data in Clearplan’s Business Plan free for […]

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FORT WORTH, TEXAS — April 19, 2016 —Electric Insurance Company has adopted the “Live Alerts” stolen vehicle identification and recovery system after saving more than $30,000 in costs associated with a vehicle theft claim in just the first four days of implementing the software into their process. Stolen vehicles cost the insurance industry $4.5 billion […]

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Mike Villanova added to support Auto Finance channel growth FORT WORTH, TX 04/15/2016 – As Digital Recognition Network (DRN) continues to rapidly expand the company’s auto finance channels, the company has hired Mike Villanova as Director of Channel Sales. Adding this position, enables DRN to provide the dedicated support needed for this growing market. Mike […]

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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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