REDWOOD CITY, Calif. — OPENLANE chief executive officer Daniel Farrar looked to quell any apprehension from recovery agencies about the online auction company's recent acquisition of Recovery Database ...

More details arrived on Tuesday from KAR Auction Services with regard to its presence in the repossession and recovery spaces. According to a news release, KAR announced a consolidated management team ...

A near-record number of cars are being repossessed as Americans continue to fall behind on their auto loans amid mounting financial strain. According to data from the Recovery Database Network (RDN), ...

Why it matters: Automation in repossession work reduces manual tasks, cuts delays, and ensures compliance, helping companies recover assets faster and more securely. What’s changing: Integrated tools ...