Banking and Insurance
Rekor’s vehicle recognition and ALPR solutions provide the insurance and banking industries with location and recovery data to ensure their assets are monitored, protected, and recoverable.

Repossession is a Big Money Market

According to Repo Industry Analysis and Trends, in 2018, the United States car repossession industry had a market value over $1 billion. In that market, there are over 1.3 million automobiles recovered every year.

Intelligently Improving Your Chances

Banking and Insurance groups’ focus is to track, protect, and when necessary, recover their assets. Rekor’s ALPR and vehicle recognition solutions increase the likelihood that these companies are able to find and recover assets and remove unsafe drivers from the roadways.


Vehicle Recognition Systems to Aid in Banking and Insurance

Interested in Rekor’s solutions for Banking and Insurance?