With Congress having passed renewed funding for the Paycheck Protection Program (PPP), another round of small- to medium-sized business (SMB) coronavirus relief loans is on the way, and likely to go just as fast as the first round. The market will be watching closely whether...
Commercial lending data company PayNet is teaming up with digital financial data sharing firm Validis to augment the small business loan data management and analytics experience for joint financial institution clients, the companies revealed in a Tuesday (July 9) press release. PayNet said it will...
Credit and data analytics firm PayNet is launching an automated reporting solution for lenders to more seamlessly collect and analyze financial information on small business (SMB) borrowers. PayNet announced Thursday (June 27) in a press release that it is rolling out its PayNet Financial Statement...
Equifax announced that it has acquired PayNet, a provider of credit ratings on small businesses (SMBs). Through its use of state-of-the-art analytics, PayNet provides commercial credit risk underwriting and management solutions to online and alternative finance lenders, and to commercial finance and leasing companies in...
November 27, 2017
Singapore is separated from Malaysia by a 1,056-meter (or 0.65-mile) Johor-Singapore Causeway, yet crossing the narrow strip of water separating the city-state of Singapore and its 5.6 million residents from the nation of Malaysia and its 32 million citizens means moving between two entirely different payments universes. To say Singapore is payment card-enthused would be an understatement. The average Singaporean has between two and six of […]
April 25, 2019
Equifax announced that it has acquired PayNet, a provider of credit ratings on small businesses (SMBs). Through its use of state-of-the-art analytics, PayNet provides commercial credit risk underwriting and management solutions to online and alternative finance lenders, and to commercial finance and leasing companies in the U.S. and Canadian markets. The acquisition aims to bolster […]
