Shaw Systems Partners with Digital Recognition Network
Shaw Systems Partners with Digital Recognition Network, DRN, a data company that serves a variety of industries including Financial Services, Insurance, and Asset Recovery. DRN’s data comes from images of license plates that are publicly visible for all to see. Their cameras capture images of license plates and relay information including the license plate number, when the picture was taken, and where it was taken. They take those images and plug them into solutions where that data can be used for a variety of purposes such as recovering a vehicle and fraud detection. This data has helped recover over 477,000 vehicles amounting in more than $3.4 billion dollars in assets recovered.
DRN’s Vehicle Location Data and Analytics in Shaw:
- Optimize Consumer Contact
- Accelerate Time To Repossessions
- Optimize Door Knocks with Consumer Best Address
- Cure More Loans
Avoid Charge-Offs and Repos
- Optimize Direct Assignment for Vendor Repossessions
Together, both companies are working to help auto lender’s secure their loans and property in an efficient manner. Shaw Systems is happy to be partnering with a data company that provides a much needed service in the auto industry.