{"id":689690,"date":"2022-09-28T08:37:25","date_gmt":"2022-09-28T12:37:25","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/ddi-technology-enters-electronic-lien-and-title-market-in-west-virginia\/"},"modified":"2022-09-28T08:37:25","modified_gmt":"2022-09-28T12:37:25","slug":"ddi-technology-enters-electronic-lien-and-title-market-in-west-virginia","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/ddi-technology-enters-electronic-lien-and-title-market-in-west-virginia\/","title":{"rendered":"DDI Technology Enters Electronic Lien and Title Market in West Virginia"},"content":{"rendered":"<p>        <!--.bwalignc { text-align: center; list-style-position: inside }\n.bwlistdisc { list-style-type: disc }body {font:normal small Arial,Helvetica,sans-serif;color:#000;background-color:#fff;padding:24px;margin:0;} a img {border:0;} h3 {font-size:medium;color:#000;margin:0 0 1em 0; text-align:center;}-->  <\/p>\n<p class=\"bwalignc\"><b>DDI Technology Enters Electronic Lien and Title Market in West Virginia<\/b><\/p>\n<p class=\"bwalignc\">\nNew program allows lenders to process vehicle titles electronically\n<\/p>\n<p>WESTCHESTER, Ill.&#8211;(<a href=\"http:\/\/www.businesswire.com\">BUSINESS WIRE<\/a>)&#8211;<br \/>\nDDI Technology (\u201cDDI\u201d) a leading electronic lien and title technology firm and a subsidiary of IAA, Inc. (NYSE: IAA), a leading global digital marketplace connecting vehicle buyers and sellers, announces the expansion of its electronic lien and title (ELT) services and Premier eTitleLien\u00ae product into the state of West Virginia. This is the 27<sup>th<\/sup> state, along with Washington DC, to feature DDI ELT technology and solutions.\n<\/p>\n<p>\nDDI\u2019s Premier eTitleLien product is an essential tool in its broad suite of technology solutions, streamlining lenders\u2019 titles and lien release management. It also simplifies the title process by improving accuracy while eliminating the use of paper. This product provides electronic lien processing, title workflow processing and services for interfacing with lenders\u2019 loan systems.\n<\/p>\n<p>\n\u201cWe are excited about DDI\u2019s expansion into West Virginia and know that its powerful electronic solutions will help to lower transaction times and improve efficiencies in the state\u2019s ELT market,\u201d said Tab Edmundson, IAA Vice President of Client Solutions and DDI President. \u201cDDI enjoys a strong reputation for its technology and customer service in dozens of states as lenders appreciate the tremendous time and effort saved during the titling process.\u201d\n<\/p>\n<p>\nFeatures of DDI Technology\u2019s leading ELT services include:\n<\/p>\n<ul class=\"bwlistdisc\">\n<li>\nPremier eTitleLien solution offering powerful built-in tools to deliver value-added benefits.\n<\/li>\n<li>\nCompetitive transaction-based pricing with no monthly user fees, support fees or monthly minimums.\n<\/li>\n<li>\nCustomized workflow and process options.\n<\/li>\n<li>\nExceptional customer support.\n<\/li>\n<\/ul>\n<p><b>About IAA<\/b><\/p>\n<p>\nIAA, Inc. (NYSE: IAA) is a leading global digital marketplace connecting vehicle buyers and sellers. Leveraging leading-edge technology and focusing on innovation, IAA\u2019s unique platform facilitates the marketing and sale of total-loss, damaged and low-value vehicles. Headquartered near Chicago in Westchester, Illinois, IAA has nearly 4,500 employees and more than 210 facilities throughout the U.S., Canada and the United Kingdom. IAA serves a global buyer base \u2013 located throughout over 170 countries \u2013 and a full spectrum of sellers, including insurers, dealerships, fleet lease and rental car companies, and charitable organizations. Buyers have access to multiple digital bidding and buying channels, innovative vehicle merchandising, and efficient evaluation services, enhancing the overall purchasing experience. IAA offers sellers a comprehensive suite of services aimed at maximizing vehicle value, reducing administrative costs, shortening selling cycle time and delivering the highest economic returns. For more information visit <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.iaai.com%2F&amp;esheet=52928068&amp;newsitemid=20220928005123&amp;lan=en-US&amp;anchor=IAAI.com&amp;index=1&amp;md5=acb9d649439b3635674c29c5ee016af6\">IAAI.com<\/a>, and follow IAA on <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.facebook.com%2FIAABuyer%2F&amp;esheet=52928068&amp;newsitemid=20220928005123&amp;lan=en-US&amp;anchor=Facebook&amp;index=2&amp;md5=b37dd1cdf53f130b8dcc58be295f2e9e\">Facebook<\/a>, <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Ftwitter.com%2FIAA_Auctions&amp;esheet=52928068&amp;newsitemid=20220928005123&amp;lan=en-US&amp;anchor=Twitter&amp;index=3&amp;md5=479d5cb18b0d26afff6c848cd86eb82e\">Twitter<\/a>, <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.instagram.com%2Fiaa_auctions%2F&amp;esheet=52928068&amp;newsitemid=20220928005123&amp;lan=en-US&amp;anchor=Instagram&amp;index=4&amp;md5=1902fafad91acd15e11d8fb5dde24390\">Instagram<\/a>, <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.youtube.com%2Fchannel%2FUC4PUPyEYmYa45FrYPtusWfg&amp;esheet=52928068&amp;newsitemid=20220928005123&amp;lan=en-US&amp;anchor=YouTube&amp;index=5&amp;md5=d32e2c620e85a0107ed2dbee3226544b\">YouTube<\/a> and <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.linkedin.com%2Fcompany%2Finsurance-auto-auctions&amp;esheet=52928068&amp;newsitemid=20220928005123&amp;lan=en-US&amp;anchor=LinkedIn&amp;index=6&amp;md5=a3d8eb2b62d3895cb3c30799b1886ba0\">LinkedIn<\/a>. For more information on DDI visit <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.dditechnology.com%2F&amp;esheet=52928068&amp;newsitemid=20220928005123&amp;lan=en-US&amp;anchor=DDITechnology.com&amp;index=7&amp;md5=f5df2eed06dcb29011070ba53ba5a990\">DDITechnology.com<\/a>, and follow DDI on <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.facebook.com%2Fdecisiondynamics%2F&amp;esheet=52928068&amp;newsitemid=20220928005123&amp;lan=en-US&amp;anchor=Facebook&amp;index=8&amp;md5=3cdf666bdaf1ce648c177326baff595e\">Facebook<\/a>, <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Ftwitter.com%2FDDIetitlelien&amp;esheet=52928068&amp;newsitemid=20220928005123&amp;lan=en-US&amp;anchor=Twitter&amp;index=9&amp;md5=752af9ab2db1bd6455222f571aeacd70\">Twitter<\/a>, and <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.linkedin.com%2Fcompany%2Fdditechnology%2F&amp;esheet=52928068&amp;newsitemid=20220928005123&amp;lan=en-US&amp;anchor=LinkedIn&amp;index=10&amp;md5=2a9621c757f5775decd2c9e4d3ecd843\">LinkedIn<\/a>.\n<\/p>\n<p><b>Forward-Looking Statements<\/b><\/p>\n<p>\nCertain statements contained in this release contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 and which are subject to certain risks, trends and uncertainties. In particular, statements made in this release that are not historical facts may be forward-looking statements. Words such as &#8220;should,&#8221; &#8220;may,&#8221; &#8220;will,&#8221; &#8220;anticipates,&#8221; &#8220;expects,&#8221; &#8220;intends,&#8221; &#8220;plans,&#8221; &#8220;believes,&#8221; &#8220;seeks,&#8221; &#8220;estimates&#8221; and similar expressions identify forward-looking statements. Such statements include statements regarding the expected timing and associated benefits with respect to the expansion of DDI Technology into the West Virginia electronic vehicle title and registration market on our business and plans regarding our growth strategies and margin expansion plan, and to our customers and company generally. Such statements are based on management\u2019s current expectations, are not guarantees of future performance and are subject to risks and uncertainties that could cause actual results to differ materially from the results projected, expressed or implied by these forward-looking statements. These risks and uncertainties include, but are not limited to: the impact of COVID-19 and macroeconomic conditions on our business; our future growth; expectations regarding vehicle volume sales, results of operations and capital expenditures; and our continued investment in information technology, the impact of macroeconomic factors, including high fuel prices and rising inflation, on our revenues, gross profit and operating results; the loss of one or more significant vehicle suppliers or a reduction in significant volume from such suppliers; our ability to meet or exceed customers\u2019 demand and expectations; significant current competition and the introduction of new competitors or other disruptive entrants in our industry; the risk that our facilities lack the capacity to accept additional vehicles and our ability to obtain land or renew\/enter into new leases at commercially reasonable rates; our ability to effectively maintain or update information and technology systems; our ability to implement and maintain measures to protect against cyberattacks and comply with applicable privacy and data security requirements; our ability to successfully implement our business strategies or realize expected cost savings and revenue enhancements, including from our margin expansion plan; business development activities, including acquisitions and the integration of acquired businesses, and the risks that the anticipated benefits of any acquisitions may not be fully realized or take longer to realize than expected; our expansion into markets outside the U.S. and the operational, competitive and regulatory risks facing our non-U.S. based operations; our reliance on subhaulers and trucking fleet operations; changes in used-vehicle prices and the volume of damaged and total loss vehicles we purchase; economic conditions, including fuel prices, commodity prices, foreign exchange rates and interest rate fluctuations; trends in new- and used-vehicle sales and incentives; uncertainties regarding ongoing surges of COVID-19 infections, including new more contagious and\/or vaccine resistant variants, and the impact on the duration and severity of the COVID-19 pandemic and measures intended to reduce its spread, including the availability, rate of public acceptance and efficacy of COVID-19 vaccines; and other risks and uncertainties identified in our filings with the Securities and Exchange Commission (the \u201cSEC\u201d), including under Item 1A \u201cRisk Factors\u201d in our Annual Report on Form 10-K filed with the SEC on February 28, 2022 and Item 1A \u201cRisk Factors\u201d in our Quarterly Report on Form 10-Q filed with the SEC on May 10, 2022, as such risk factors may be amended, supplemented or superseded from time to time by other reports we file with the SEC, including subsequent Quarterly Reports on Form 10-Q and Annual Reports on Form 10-K. Many of these risk factors are outside of our control, and as such, they involve risks which are not currently known that could cause actual results to differ materially from those discussed or implied herein. The forward-looking statements in this document are made as of the date on which they are made and we do not undertake to update our forward-looking statements.\n<\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20220928005123r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" style=\"width:0;height:0\" \/><span class=\"bwct31415\" \/><\/p>\n<p id=\"mmgallerylink\"><span id=\"mmgallerylink-phrase\">View source version on businesswire.com: <\/span><span id=\"mmgallerylink-link\"><a href=\"https:\/\/www.businesswire.com\/news\/home\/20220928005123\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20220928005123\/en\/<\/a><\/span><\/p>\n<p><b>IAA Contacts<\/b><\/p>\n<p><b>Media Inquiries:<br \/>\n<\/b><br \/>Jeanene O\u2019Brien | IAA, Inc.<br \/>\n<br \/>SVP, Global Marketing and Communications<br \/>\n<br \/>(708) 492-7328<br \/>\n<br \/><a rel=\"nofollow\" href=\"mailto:jobrien@iaai.com\">jobrien@iaai.com<\/a><\/p>\n<p><b>Analyst Inquiries:<br \/>\n<\/b><br \/>Caitlin Churchill | ICR<br \/>\n<br \/>(203) 682-8200<br \/>\n<br \/><a rel=\"nofollow\" href=\"mailto:investors@iaai.com\">investors@iaai.com<\/a><\/p>\n<p><b>KEYWORDS:<\/b> United States North America West Virginia Illinois<\/p>\n<p><b>INDUSTRY KEYWORDS:<\/b> Professional Services Automotive General Automotive Technology Software Finance Fintech<\/p>\n<p><b>MEDIA:<\/b><\/p>\n<table cellpadding=\"3\" cellspacing=\"3\" \/>\n","protected":false},"excerpt":{"rendered":"<p>DDI Technology Enters Electronic Lien and Title Market in West Virginia New program allows lenders to process vehicle titles electronically WESTCHESTER, Ill.&#8211;(BUSINESS WIRE)&#8211; DDI Technology (\u201cDDI\u201d) a leading electronic lien and title technology firm and a subsidiary of IAA, Inc. (NYSE: IAA), a leading global digital marketplace connecting vehicle buyers and sellers, announces the expansion of its electronic lien and title (ELT) services and Premier eTitleLien\u00ae product into the state of West Virginia. This is the 27th state, along with Washington DC, to feature DDI ELT technology and solutions. DDI\u2019s Premier eTitleLien product is an essential tool in its broad suite of technology solutions, streamlining lenders\u2019 titles and lien release management. It also simplifies the title process by improving accuracy &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/ddi-technology-enters-electronic-lien-and-title-market-in-west-virginia\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;DDI Technology Enters Electronic Lien and Title Market in West Virginia&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-689690","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.0 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>DDI Technology Enters Electronic Lien and Title Market in West Virginia - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/ddi-technology-enters-electronic-lien-and-title-market-in-west-virginia\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"DDI Technology Enters Electronic Lien and Title Market in West Virginia - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"DDI Technology Enters Electronic Lien and Title Market in West Virginia New program allows lenders to process vehicle titles electronically WESTCHESTER, Ill.&#8211;(BUSINESS WIRE)&#8211; DDI Technology (\u201cDDI\u201d) a leading electronic lien and title technology firm and a subsidiary of IAA, Inc. (NYSE: IAA), a leading global digital marketplace connecting vehicle buyers and sellers, announces the expansion of its electronic lien and title (ELT) services and Premier eTitleLien\u00ae product into the state of West Virginia. This is the 27th state, along with Washington DC, to feature DDI ELT technology and solutions. DDI\u2019s Premier eTitleLien product is an essential tool in its broad suite of technology solutions, streamlining lenders\u2019 titles and lien release management. It also simplifies the title process by improving accuracy &hellip; Continue reading &quot;DDI Technology Enters Electronic Lien and Title Market in West Virginia&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/ddi-technology-enters-electronic-lien-and-title-market-in-west-virginia\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2022-09-28T12:37:25+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20220928005123r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"6 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/ddi-technology-enters-electronic-lien-and-title-market-in-west-virginia\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/ddi-technology-enters-electronic-lien-and-title-market-in-west-virginia\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"DDI Technology Enters Electronic Lien and Title Market in West Virginia\",\"datePublished\":\"2022-09-28T12:37:25+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/ddi-technology-enters-electronic-lien-and-title-market-in-west-virginia\\\/\"},\"wordCount\":1141,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/ddi-technology-enters-electronic-lien-and-title-market-in-west-virginia\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/cts.businesswire.com\\\/ct\\\/CT?id=bwnews&amp;sty=20220928005123r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/ddi-technology-enters-electronic-lien-and-title-market-in-west-virginia\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/ddi-technology-enters-electronic-lien-and-title-market-in-west-virginia\\\/\",\"name\":\"DDI Technology Enters Electronic Lien and Title Market in West Virginia - 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Market Newsdesk","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.marketnewsdesk.com\/index.php\/ddi-technology-enters-electronic-lien-and-title-market-in-west-virginia\/","og_locale":"en_US","og_type":"article","og_title":"DDI Technology Enters Electronic Lien and Title Market in West Virginia - Market Newsdesk","og_description":"DDI Technology Enters Electronic Lien and Title Market in West Virginia New program allows lenders to process vehicle titles electronically WESTCHESTER, Ill.&#8211;(BUSINESS WIRE)&#8211; DDI Technology (\u201cDDI\u201d) a leading electronic lien and title technology firm and a subsidiary of IAA, Inc. (NYSE: IAA), a leading global digital marketplace connecting vehicle buyers and sellers, announces the expansion of its electronic lien and title (ELT) services and Premier eTitleLien\u00ae product into the state of West Virginia. This is the 27th state, along with Washington DC, to feature DDI ELT technology and solutions. DDI\u2019s Premier eTitleLien product is an essential tool in its broad suite of technology solutions, streamlining lenders\u2019 titles and lien release management. 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