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Pictures prove extent of commercial use of a personal vehicle   Unfortunately, vehicles insured on personal auto policies are used for commercial business purposes at a surprising rate. When that happens, carriers lose out on premium and lose even more when accidents occur because commercial use vehicles carry higher risk. Carriers employ various methods to […]

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Alternative data’s impact on the automotive industry is heating up Last month, DRN’s FinTech team attended the first annual Automotive Intelligence Summit (AIS), where we were also a proud sponsor of the event. The conference centered around technology and its effect on the automotive industry, bringing together professionals within the industry for three days to […]

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FORT WORTH, TX, April 20, 2018 – Digital Recognition Network (DRN), presents top providers and affiliate awards at the North American Repo Summit (NARS) to honor organizations that have demonstrated excellence and leadership in the repossession industry. “We are proud to acknowledge these providers and affiliates that stand out for their hard work, innovation and […]

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LIVERMORE, CALIFORNIA (April 19, 2018) – Vigilant Solutions announces today that it has reached an agreement with Plate Locate to sublicense Vigilant’s patent portfolio in return for Plate Locate granting Vigilant the ability to enable law enforcement to have greater access to commercially-generated license plate reader (LPR) data via its hosted LEARN® analytic software to […]

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Fort Worth, Texas, and Livermore, Calif., April 2, 2018 – VaaS International Holdings (VaaS), a global leader in image recognition, data, and analytical technology, announced today the hiring of Dr. Nagendra Palle as Chief Operating Officer (COO). In this role, Dr. Palle will be responsible for overseeing daily operations at VaaS, reporting directly to the […]

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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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