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Giftify, Inc.’s CardCash Featured on ABC’s Good Morning America

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Giftify (NASDAQ: GIFT), owner of CardCash.com and Restaurant.com, announced that CardCash was featured on ABC's Good Morning America on December 19, 2024. The segment focused on holiday season gift card deals and scams. CEO Ketan Thakker highlighted the company's proprietary FraudFix technology, an AI-powered fraud prevention tool that analyzes over 165 parameters per transaction, achieving a 99.5% reliability rate in verifying gift card authenticity.

Giftify (NASDAQ: GIFT), proprietaria di CardCash.com e Restaurant.com, ha annunciato che CardCash è stata presentata su Good Morning America di ABC il 19 dicembre 2024. Il segmento si è concentrato sulle offerte di carte regalo e sulle truffe del periodo festivo. Il CEO Ketan Thakker ha messo in evidenza la tecnologia FraudFix, un tool di prevenzione delle frodi alimentato da intelligenza artificiale che analizza oltre 165 parametri per transazione, raggiungendo un tasso di affidabilità del 99,5% nella verifica dell'autenticità delle carte regalo.

Giftify (NASDAQ: GIFT), propietario de CardCash.com y Restaurant.com, anunció que CardCash fue presentado en Good Morning America de ABC el 19 de diciembre de 2024. El segmento se centró en las ofertas de tarjetas de regalo de la temporada navideña y las estafas. El CEO Ketan Thakker destacó la tecnología FraudFix, una herramienta de prevención de fraudes impulsada por inteligencia artificial que analiza más de 165 parámetros por transacción, logrando un tasa de fiabilidad del 99,5% en la verificación de la autenticidad de las tarjetas de regalo.

Giftify (NASDAQ: GIFT), CardCash.com 및 Restaurant.com의 소유자는 2024년 12월 19일 ABC의 Good Morning America에 CardCash가 소개되었다고 발표했습니다. 이 세그먼트는 연말 연휴 카드 기프트 거래와 사기에 초점을 맞추었습니다. CEO Ketan Thakker는 FraudFix 기술을 강조했으며, 이는 각 거래당 165개 이상의 매개변수를 분석하여 카드 기프트의 진위를 검증하는 데 99.5%의 신뢰성을 달성하는 AI 기반의 사기 방지 도구입니다.

Giftify (NASDAQ: GIFT), propriétaire de CardCash.com et Restaurant.com, a annoncé que CardCash a été présenté dans Good Morning America sur ABC le 19 décembre 2024. Le segment était axé sur les offres de cartes-cadeaux et les escroqueries de la saison des fêtes. Le PDG Ketan Thakker a souligné la technologie FraudFix, un outil de prévention des fraudes alimenté par l'IA qui analyse plus de 165 paramètres par transaction, atteignant un taux de fiabilité de 99,5% dans la vérification de l'authenticité des cartes-cadeaux.

Giftify (NASDAQ: GIFT), Eigentümer von CardCash.com und Restaurant.com, hat angekündigt, dass CardCash am 19. Dezember 2024 in Good Morning America von ABC vorgestellt wurde. Der Beitrag konzentrierte sich auf die Angebote von Geschenkkarten zur Weihnachtszeit und auf Betrugsfälle. CEO Ketan Thakker hob die FraudFix-Technologie des Unternehmens hervor, ein KI-gestütztes Betrugspräventionswerkzeug, das über 165 Parameter pro Transaktion analysiert und eine Zuverlässigkeitsrate von 99,5% bei der Verifizierung der Authentizität von Geschenkkarten erreicht.

Positive
  • Featured on national television (Good Morning America) during peak holiday shopping season
  • Demonstrates 99.5% reliability rate in fraud prevention
  • Proprietary AI-powered FraudFix technology processes 165+ parameters per transaction
Negative
  • None.

Insights

The appearance on Good Morning America, while providing national exposure, represents minimal material impact on Giftify's business operations or financial performance. While the segment highlighted CardCash's gift card marketplace and mentioned their FraudFix technology, the timing during holiday season is routine marketing visibility rather than a significant business development. The mention of 99.5% reliability and AI-powered fraud prevention, though impressive technically, is part of existing operations rather than new technology or business expansion. Media appearances, particularly during seasonal shopping periods, are standard marketing activities that typically don't translate to substantial revenue growth or stock price movement.

SCHAUMBURG, IL, Dec. 20, 2024 (GLOBE NEWSWIRE) -- Giftify, Inc. (NASDAQ: GIFT) (the “Company”), the owner and operator of leading digital platforms, CardCash.com and Restaurant.com, with a focus on incentives and rewards in retail, dining & entertainment experiences, is pleased to announce that CardCash was highlighted on ABC’s Good Morning America on Thursday, December 19.

The segment focused on gift cards to save big on this holiday season. With just six days left to shop before Christmas and Hanukkah, ABC News’ Becky Worley and Rebecca Jarvis share the gift card deals — and scams — you need to know about.

To view the segment, please click here:

https://www.goodmorningamerica.com/living/video/gift-cards-save-big-holiday-season-116937980

Ketan Thakker, Chief Executive Officer of Giftify, Inc., commented, “we appreciate the inclusion of CardCash in Good Morning America’s segment. Of note, there was discussion around gift card scams, of which I would like to point to our 99.5% reliability due to our proprietary online fraud prevention tool, called FraudFix. In literally seconds, we utilize AI to analyze over 165 parameters and cross checks to analyze a single transaction and determine authenticity of card balances.”

About Giftify, Inc.

Giftify, Inc. is a pioneer in the incentive and rewards industry with a focus on retail, dining & entertainment experiences, as the owner and operator of leading digital platforms, CardCash.com and Restaurant.com. CardCash.com is a leading secondary gift card exchange platform, allowing consumers and retailers to realize value by buying and selling gift cards at various scales. Its Restaurant.com is the nation’s largest restaurant-focused digital deals brand. Restaurant.com and our Corporate Incentives division connect digital consumers, businesses and communities offering thousands of dining, retail and entertainment deals options nationwide at over 184,000 restaurants and retailers. Restaurant.com prides itself on offering the best deal, every meal. Our gift cards and restaurant certificates allow customers to save at thousands of restaurants across the country with just a few clicks.

For more information, visit: www.giftifyinc.com and www.cardcash.com and https://www.restaurant.com.

Forward-Looking Statements

Press Releases may include forward-looking statements. In particular, the words “believe,” “may,” “could,” “should,” “expect,” “anticipate,” “estimate,” “project," "propose," "plan," "intend," and similar conditional words and expressions are intended to identify forward-looking statements. Any statements made in this news release about an action, event or development, are forward-looking statements. Such statements are based upon assumptions that in the future may prove not to have been accurate and are subject to significant risks and uncertainties. Such statements are subject to a number of assumptions, risks and uncertainties, many of which are beyond the control of the company. Accordingly, you should not place undue reliance on these forward-looking statements. Although the company believes that the expectations reflected in the forward-looking statements are reasonable, it can give no assurance that its forward-looking statements will prove to be correct. Investors are cautioned that any forward-looking statements are not guarantees of future performance and actual results or developments may differ materially from those projected. The forward-looking statements in this press release are made as of the date hereof. The company takes no obligation to update or correct its own forward-looking statements, except as required by law or those prepared by third parties that are not paid by the company. Statements in this press release that are not historical fact may be deemed forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Although Giftify, Inc. believes the expectations reflected in any forward-looking statements are based on reasonable assumptions, Giftify, Inc. is unable to give any assurance that its expectations will be attained. Factors that could cause actual results to differ materially from expectations include the company’s ability identify a suitable business model for the corporation.

Investors Contacts:
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nyc@clearthink.capital


FAQ

What was CardCash's reliability rate mentioned on Good Morning America for GIFT stock?

CardCash, owned by Giftify (GIFT), reported a 99.5% reliability rate thanks to their FraudFix fraud prevention tool.

How many parameters does Giftify's (GIFT) FraudFix analyze per transaction?

Giftify's FraudFix technology analyzes over 165 parameters and cross checks per transaction to verify gift card authenticity.

When was CardCash featured on Good Morning America?

CardCash was featured on ABC's Good Morning America on December 19, 2024.

What platforms does Giftify (GIFT) own and operate?

Giftify owns and operates CardCash.com and Restaurant.com, focusing on incentives and rewards in retail, dining & entertainment experiences.

Giftify, Inc.

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