Monitoring traffic intersections in real- time as well as predicting possible collisions is an important first step towards building an early collision warning system. We present the general vision methods used in a system addressing this problem and describe the practical adaptations necessary to achieve real-time performance. A novel method for three-dimensional vehicle size estimation is presented. We also describe a method for target localization in real-world coordinates, which allows for sequential incorporation of measurements from multiple cameras into a single target's state vector. Additionally, a fast implementation of a false-positive reduction method for the foreground pixel masks is developed. Finally, a low-overhead collision prediction algorithm using the time-as-axis paradigm is presented.