Higher Recovery Rates Fueled by DRN Historical Data Now Available via Clearplan

DRN_SCRN_SHT_CLRPLN

Historical Data Available Free for 30-Day Trial Period

PRESS RELEASE

Fort Worth, TX – June 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 a 30-day trial period.

  Read More!

NY Introduces New Anti LPR Bill

alpr_camera2“Honestly, I think it’s kind of creepy. I would use the word ‘stalking’ almost,” said Assemblyman Jeffrey Dinowitz, D-Bronx, who has introduced a bill to limit the way police may use plate readers and make New York one of the few states prohibiting their use by private companies.

  Read More!

Del Mar Recovery Solutions and Vendor Transparency Solutions (VTS) Partner to Enhance Development, Training and Compliance Initiatives

VTS_SMLLdel_mar_rcvryDel Mar Recovery Solutions continues to engage platforms to lower risk and increase ability to exceed regulation requirements for their financial lender client base

FOR IMMEDIATE RELEASE:

Carlsbad, CA – September 29, 2015 – Del Mar Recovery Solutions, an industry leader in national repossession management for auto lenders, announces it has partnered with Vendor Transparency Solutions (VTS) as yet another step in enhancing its compliance management systems. This move will increase Del Mar’s already highly sophisticated level of compliance and quality of services it provides to the lending and financial services community.

  Read More!

Capitol Electronics to Provide a New Alternative in LPR for the Repo Market

capitol_electronics_logoPRESS RELEASE

September 3, 2015 – Capitol Electronics has announced a new product offering for the asset recovery market.  The new offer will provide state of the art Vigilant Solutions cameras in a four camera configuration.  The license plate scans will be hosted on a Capitol Electronics server in a secure environment, providing maximum availability and access.

  Read More!

PlateSmart Technologies Selects PRA Location Services as Exclusive Reseller of “Software Only” LPR Solution

platesmart_praAuto recovery leader and disruptive LPR technology to transform industry

 

OLDSMAR, Fla. – April 29, 2015 —PlateSmart Technologies, the industry leader in License Plate Recognition (LPR), today announced an exclusive licensing agreement with PRA Location Services, a business of PRA Group (Nasdaq: PRAA), to provide LPR technology for PLS’ repossession and recovery services nationwide.

PlateSmart partnered with PRA Location Services (PRALS) as the exclusive licensee to the repossession and recovery vertical because of PRALS’ leading position in the auto recovery market, its financial stability as part of a public company, and its substantial nationwide system deployment commitment.

Read More!

MVTRAC President Nominated for Leukemia Society Man of the Year

leukemia_MOYL_smith

Luke K. Smith, President of MVTRAC, LLC, has been nominated by the Illinois chapter of the Leukemia & Lymphoma Society (LLS) as a candidate for their prestigious Man & Woman of the Year fundraising competition. This 10-week event that occurs in over 80 cities across the United States is designed for one purpose: To cure leukemia, lymphoma, Hodgkin’s disease and myeloma, and improve the quality of life of patients and their families.

 

  Read More!

ROA ANNOUNCES KEY HIRE TO HELM RECOVERY

ROA_logo

Financial Services Industry Vet to Manage Recovery Services Division

FOR IMMEDIATE RELEASE

PASADENA, Calif. – January 22, 2015 — Remarketing of America (ROA), the premier risk management and loss mitigation provider of recovery and remarketing services for the financial services community, today announced that Shawn D. Smith has joined the company as its new Recovery Services department lead effective immediately.

  Read More!

MVCONNECT, LLC (MVTRAC) ANNOUNCES KEY PROMOTIONS

 

Mvtrac_NR

FOR IMMEDIATE RELEASE

PALATINE, IL — MVTRAC has announced the promotion of Executive Vice President of Business Development, Luke K. Smith, to partner and President of MVCONNECT, LLC and its divisions and concurrently promoted and made partner existing Executive Vice President of Investigations, Garry W. Jackson, Stacey M. Bailey, Executive Vice President of Compliance and Training and Eric H. Daehn, Operations Group Manager.

  Read More!

CUCollector LPR Survey Results 2014!

check_bxIn our two prior CUCollector Surveys, LPR was one of only several topics we covered, but as the result of some discussion coupled with demand, we felt that we were well overdue in approaching this topic in a more focused manner and drilling down on it a little deeper than in years past. The accompanying data is inclusive of previous years and while disparities in poll volume vary from the years, the percentages are the best methodology for illustrating the data results.

While responses to polls tend to lean toward the negativity you would expect in a “Yelp” review, I would like to think that this years responses are perhaps more fairly balanced despite some clear underlying pessimism within.

  Read More!

CUCollector LPR Survey 2014

alpr_camera2Editorial

It’s been awhile since we’ve done a poll and there has been a lot of chatter over the past year about the use of License Plate Recognition (LPR) in the press, most of which has been about its legality. In the meanwhile, a very different series of conversations has been taking place within the repossession industry where many agency owners have questions about the role they serve in data collection and their profitability.

If your company uses LPR, please take a moment to participate in our survey.

  Click here to take the survey!

Skip to toolbar