CardCash Increases New Customer Approvals by Over 10% Through Enhanced Fraud Detection Technology
Giftify, Inc. (GIFT)
Company Research
Source: GlobeNewswire
Strategic improvements to proprietary fraud prevention system drive customer acquisition growth while maintaining platform security SCHAUMBURG, IL, Oct. 27, 2025 (GLOBE NEWSWIRE) -- Giftify, Inc. (NASDAQ: GIFT) (the "Company"), the owner and operator of CardCash.com, Restaurant.com, and Takeout7.com, and a leader in the incentives and rewards industry, today announced that CardCash.com, its leading platform for buying and selling gift cards, has achieved an over 10% increase in the new customer approval rate following significant enhancements to its proprietary fraud detection system. The gift card secondary marketplace faces unique fraud risks that require specialized detection capabilities. CardCash's previous fraud prevention systems, while effective at minimizing risk, created barriers for legitimate first-time customers seeking to access the platform's savings opportunities. The Company's growth and risk management teams prioritized solving this challenge through a comprehens
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News
- CardCash.com Announces Black Friday Savings Availability, Offering Up to 35% Discounts Across 1,100+ Major RetailersGlobeNewswire
- GIFTIFY, INC. REPORTS THIRD QUARTER 2025 RESULTSGlobeNewswire
- Giftify (NASDAQ:GIFT) had its "sell (e+)" rating reaffirmed by analysts at <a style="font-weight:bold" href="https://weissratings.com/">Weiss Ratings</a>.MarketBeat
- Giftify, Inc.’s CardCash.com Achieves Record Performance with $150 Million in Gift Cards Delivered, 99.5% of Digital Orders Fulfilled in Under 2 SecondsGlobeNewswire