Business Profile

Description: Digital Recognition Network (DRN) provides vehicle location data and analytics for Financial Services, Insurance and Auto Recovery clients, to help optimize their portfolios, reduce losses, detect fraud, and manage risk. Our vehicle location data and analytics are new alternative data and insights they can’t get anywhere else. Vehicle Location Data: DRN’s 20+ billion vehicle sightings cover every major metropolitan area nationwide, plus more than a 220 million new sightings gathered every month. Auto Finance: Lenders get new locations for boosting right party contact on up to 30% of delinquent accounts and use our solutions to direct recovery efforts for faster, more compliant recoveries. That’s why the top 100 auto lenders rely on our data and analytics to make better decisions about loan origination, improve collections outcomes, increase recoveries and avoid charge-offs for increased revenue and better portfolio returns. Auto Recovery: Vehicle location data from DRN has revolutionized the auto recovery industry by helping lenders recover up to 35% more vehicles and avoid charge-off losses. Lenders that put their recoveries into the DRN Recovery Network reduce days to recover by up to 50%. Insurance: Insurance carriers fight fraud and rate evasion with solutions powered by DRN’s vehicle location data and analytics. At underwriting, renewals and claims, DRN provides carriers data insights they can’t get anywhere else, insights that are changing the way they investigate claims and rate commercial and personal policies. Privacy and Compliance: DRN maintains the strictest privacy, compliance, and data breach standards and legislation that are currently enforced by both government entities and the financial services industry. All data access is subject to DPPA permissible use. DRN is part of Motorola Solutions.