FORT WORTH, Texas -

This week, Digital Recognition Network released a new solution the company is calling Address Scoring, a tool geared to help its customers drive portfolio returns.

DRN highlighted Address Scoring can deliver actionable business intelligence that results in improved processes, better customer service and reduced costs.

For a limited time, DRN is offering Address Scoring as a free trial to qualified clients.

DRN chief executive officer Chris Metaxas explained Address Scoring can help financial service companies achieve instant results to prevent fraud and recover debts. Metaxas noted insurance companies use the solution to investigate claims and detect insurance fraud.

Once addresses are entered, Address Scoring can accept 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,” Metaxas said. “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,” he went on to say

DRN is showcasing the Beta version of Address Scoring at the Collections and Recovery Solutions Conference this week in Las Vegas. Clients interested in applying for the free trial should visit DRN at booth No. 37 or go to www.DRNData.com/FreeTrial.