February 3, 2020
Sorry, No followers
View all 1045 Related Articles
Related Articles (1045)
What happens when Joe Investor ("sophisticated" or otherwise) backs too many ventures that go bust that take him down with them? Now that crowdfunding is legal thanks to the JOBS Act passed in 2012, scenarios like this and worse have the potential of becoming much more frequent. But just because it's legal doesn't mean it's free of regulation. In fact, the regulations that are still being hammered out promise to be fierce. How will a crowd sourcing investment site, or an enterprise looking for financing on one of those sites, keep track of it all? Actually, that may not even be possible--unless the funding portal uses a service like the Crowdbouncer API.
TazWorks has made a name for itself as a background screening technology provider. It is bolstering its portfolio with the release of the CreditConnect API. The API allows users to share and monitor credit information. TazWorks has partnered with Experian for the credit reporting features.