PayNet
by
Equifax
Credit History Report and Master Score assessing the borrowing and repayment history of a business.
About the Provider
Equifax Inc. is an American multinational consumer credit reporting agency headquartered in Atlanta, Georgia and is one of the three largest consumer credit reporting agencies, along with Experian and TransUnion.
Solutions
Address Verification
KYB
Business Credit
About the Integration
Equifax's PayNet product analyzes small and medium-sized businesses' (SMBs) credit performance using detailed payment history and financial data. It employs advanced data analytics and risk assessment models to provide insights into creditworthiness and payment behavior. Key technical features include historical data aggregation, industry benchmarks, and real-time risk scoring. The product integrates with existing credit assessment systems via APIs, enabling informed lending decisions and effective risk management for SMBs.
