Giftify, Inc.’s CardCash Featured on ABC’s Good Morning America
Rhea-AI Summary
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.
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.
News Market Reaction
On the day this news was published, GIFT gained 7.46%, reflecting a notable positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
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
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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FAQ
What was CardCash's reliability rate mentioned on Good Morning America for GIFT stock?
How many parameters does Giftify's (GIFT) FraudFix analyze per transaction?
When was CardCash featured on Good Morning America?
What platforms does Giftify (GIFT) own and operate?
