PYMNTS-MonitorEdge-May-2024

Gift Card

Gift Card Scams Surge as Maryland Enacts Law Amid Federal Crackdown
Gift Card Scams Surge as Maryland Enacts Law Amid Federal Crackdown
July 29, 2024  |  Retail

Gift card scams are back in the news, with two federal agencies issuing warnings about their proliferation and one state now passing a law aimed...

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Credit Unions Partner With Prizeout to Offer Value-Added Gift Cards
Credit Unions Partner With Prizeout to Offer Value-Added Gift Cards
February 21, 2023  |  Credit Unions

Nine credit unions have partnered with Prizeout to offer their members value-added gift cards. With access to the Prizeout program, the credit unions’ members will...

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GlobeTopper Partners With Knox Wire on B2B Cross-Border Payouts
GlobeTopper Partners With Knox Wire on B2B Cross-Border Payouts
November 27, 2022  |  Cross-border Payments

B2B gift card concierge firm GlobeTopper has launched a partnership with payment processor Knox Wire to power instant cross-border payouts. Orchestrated by Zed Network, the...

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Walmart Stops $4M in Gift Cards From Reaching Scammers Targeting Older Victims
Walmart Stops $4M in Gift Cards From Reaching Scammers Targeting Older Victims
April 04, 2022  |  Walmart

Walmart’s technology has helped it identify and freeze millions in gift cards that were bought by elderly victims that had fallen prey to con artists,...

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Chase Debuts eGifting From Mobile App
Chase Debuts eGifting From Mobile App
April 15, 2019  |  Banking

Chase announced Monday (April 15) that customers are now able to send gift cards via the Chase Mobile app or website. In a press release,...

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Bitcoin Daily: John McAfee Bets Bitfi Wallet Is Unhackable, Analysts Say Bitcoin Is ‘Overbought’
Bitcoin Daily: John McAfee Bets Bitfi Wallet Is Unhackable, Analysts Say Bitcoin Is ‘Overbought’
July 26, 2018  |  Bitcoin

Skrill is now allowing users to buy and sell crypto such as bitcoin, bitcoin cash and Ether, according to reports. When users make a transaction,...

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Cutting Down Returns With Predictions And Gift Cards
Cutting Down Returns With Predictions And Gift Cards
May 31, 2018  |  Amazon

Amazon is not the only retailer grappling with a staggering number of returns: All sorts of retailers — especially some with generous return policies —...

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A New Gift Card Hack For The Holidays
A New Gift Card Hack For The Holidays
December 11, 2017  |  Security & Fraud

There seems to be no such thing as a Christmas vacation when one’s main profession is defrauding consumers and businesses. It appears the ever-inventive thieves...

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