CURepossession

Where the repossession industry gets its news

License Plate Recognition – LPR

License Plate Recognition – LPR
An early Palantine Group prototype LPR camera

License Plate Recognition, aka; LPR, ALPR, is a technology that uses optical character recognition on images to read license plates to gather vehicle location data. LPR is used by the automobile repossession industry and police departments around the world. LPR is also used for electronic toll collection on pay-per-use roads and bridges.

 

LPR can be used to store the images captured by the mounted cameras and is stored on databases for later use as well as in the field for immediate identification of vehicles sought for repossession or crime investigations. Common LPR companies in teh repossession industry include DRN, MVTRAC and PlateLocate.

Related Articles;

Webinar Recap: LPR Can Locate “Impossible to Find” Debtors

The Value of LPR Staging with MVTRAC

DRN Hosts Allied Solutions LPR Staging Webinar

Data and Technology Tools Ease Impact of Pandemic-Related Staff Reductions

How the Repossession Industry is Adapting to Remain Successful

DRN NARS Recap: Building awareness & unity with affiliates

 

Print Friendly, PDF & Email

Facebook Comments