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Credit Risk Underwriting Firm PayNet Acquired by Equifax
April 27, 2019
International credit ratings and analytics company Equifax recently acquired commerce risk underwriting and management solutions firm PayNet.
CEO of Equifax Mark W. Begor said that PayNet acquisition has provided the company many unique commercial leasing data assets with which it can enhance its decision-making capabilities and the ability to offer credit to the SMEs. He also said that the merger will allow the company to provide novel solutions to commercial customers that can help them grow their businesses without compromising with risk management.
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