Address Scoring helps financial service companies achieve instant results to prevent fraud and recover debts. Insurance companies use the solution to investigate claims and detect insurance fraud. Once addresses are entered, Address Scoring accepts one or more given addresses and provides good and bad scores. A good score, means the address is likely good and a bad score indicates that the debtor may have moved or provided a fraudulent address.
“Address Scoring allows you to focus your resources where they will deliver the highest return. A good address represents an opportunity to improve customer relations and loyalty and a bad address gives you intelligence to act quickly, prevent losses and fraud. Ultimately, the value is actionable intelligence that can help to drive portfolio returns – fast,” says Chris Metaxas, DRN’s Chief Executive Officer.
DRN is showcasing the Beta version of Address Scoring at the Collections and Recovery Solutions Conference (http://www.collectionrecoverysolutions.com) in Las Vegas, May 7-9, 2014. Clients interested in applying for the free trial should visit DRN at booth 37 or go to http://www.drndata.com/FreeTrial.
DRN is a leading provider of data and analytics to the Financial Services, Insurance and Asset Recovery industries. Our solutions enable our clients to more effectively optimize their portfolios, reduce losses, detect fraud, and manage risk. An industry pioneer in vehicle location data and license plate recognition technology and services, DRN covers every major metropolitan area in the United States and maintains the largest vehicle location database under strict standards of privacy, compliance, and data integrity. To find out more, contact your DRN sales representative, visit us online at http://www.drndata.com, or calls us at (817) 877-0077.