FOR IMMEDIATE RELEASE
In October, DRN hosted a golf tournament for lenders at Whistling Straits in Sheboygan, Wisconsin. The event brought auto lenders together to network, share best practices and learn more about DRN. This year’s event included a roundtable where lenders discussed challenges they’re currently facing as the economy – and our broader culture – continue to manage through the Covid-19 pandemic.
Topics included ways lenders can best leverage DRN and the billions of license plate scans in our database. One way is portfolio monetization and how lenders can integrate license plate data with their collections systems, and even use the data on a lender scorecard. We also talked about migration studies and how lenders have used this data through Covid-19 to drive contact with customers and drive operational decisions.
We also discussed how LPR data can improve the impound notice process. Lenders were interested in bundled solutions from DRN to bring together bankruptcy notifications, Risk Scoring and Portfolio Monitoring.
We closed the roundtable by taking the group through a hands-on demo of DRNsights and our Data Access Model.
This discussion was a great opportunity to bring auto lending thought leaders together to share knowledge and insights while brainstorming solutions for the future. We look forward to making this event an annual experience for our auto lending partners.
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Strategic Account Manager
Jared is responsible for managing top strategic accounts for DRN’s FinTech Business. Jared works with lenders to improve their risk modeling, collections and recovery strategies by optimizing DRN’s vehicle location data to fit each clients needs and impact revenue goals.
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