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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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Flat-Rate Vehicle Location Data Helps You Prevent CFPB Fines. The CFPB (Consumer Financial Protection Bureau) is cracking down on Disparate Treatment and Disparate Impact and here’s the rub: you can get into hot water even if the disparate treatment or impact is unintentional. In simplistic terms, the CFPB is saying lenders must treat their customers […]

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Attention Auto Lenders: Use ROI to drive data investments and reduce charge-offs. In our last blog we talked about John’s loan and the power of new vehicle location data insights in collections. We learned how using LPR data early in the collections cycle provides valuable insights to help prevent charge-off losses. Sounds great, right? But […]

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FORT WORTH, Texas – Digital Recognition Network (DRN) and Shaw Systems Associates announced on Monday that Shaw will be embedding DRN’s location data and scoring analytics into its collections software platform. Officials highlighted DRN’s data and analytics will allow Shaw to address collections issues earlier in the workflow and improve collections outcomes. “By embedding DRN’s […]

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