Recapture Rates Show Lenders are Losing Borrowers

World Foundation raised $52.5 million in new funding to bring World ID technology to organizations, consumers and artificial intelligence (AI) agents. The organization raised the new funding by selling to strategic investors WLD tokens that are subject to a one-year lockup, it said in a Friday (July 24) press release. World Foundation is the independent nonprofit steward of the World…

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A well-known investor is leading the charge against a California city’s plans for a new housing development in the hills surrounding Saratoga, California. Dr. Michael Burry, who made his name and his fortune from correctly predicting the 2008 housing collapse, contends the development poses a significant wildfire risk, Realtor.com reported. A new lawsuit led by…

New post-filing audit defense service extends Drake Software’s support beyond tax preparation, helping firms save time while delivering greater value to clients. FRANKLIN, N.C., July 16, 2026 /PRNewswire/ — Drake Software, a leader in professional tax preparation solutions, today announced the launch of Drake Audit Defense™, a new post-filing audit defense service designed to help…

From October 15, merchants will have to pay a 0.4 per cent Merchant Discount Rate (MDR) on specified UPI person-to-merchant (P2M) transactions above ₹2,000. Consumers, however, will not bear the cost.   The move marks a shift for UPI, which has had no MDR since 2020. It also raises a question for businesses: once merchants…