Gift Card Fraud news and trends

Report: Apple Reaches Settlement Terms on Gift Card Scam Lawsuit
Apple // January 03, 2024

Apple has reportedly agreed to settle a lawsuit that accused the company of allowing scammers to exploit its gift cards and retaining stolen funds. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

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

There seems to be no such thing as a Christmas vacation when one’s main profession is defrauding consumers and businesses. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

Retail Gift Cards Remain An Easy Hack
Retail // August 31, 2017

Gift cards, according to researcher Will Caput, remains woefully easy to hack – if someone knows the right method. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe...

Should Retailers Just Say ‘No’ To Digital Gift Cards?
Security & Fraud // June 16, 2016

Gift cards seem like a win-win payment option for retailers. But as traditional gift cards are slowly being phased out for digital replacements, that story is quickly changing. Tom Byrnes, Chief Marketing Officer for Vesta, let PYMNTS in on the hidden dangers behind digital gift...

Interviews & Exclusives
Should Retailers Just Say ‘No’ To Digital Gift Cards?

June 16, 2016
Gift cards seem like a win-win payment option for retailers. But as traditional gift cards are slowly being phased out for digital replacements, that story is quickly changing. Tom Byrnes, Chief Marketing Officer for Vesta, let PYMNTS in on the hidden dangers behind digital gift cards and why retailers may need to think twice about a once favorite payment offering.

Quick Reads
Digital Gifting Platform On Me Inks 5-Year Pact With Mastercard

December 04, 2024
Digital gift card platform On Me has launched a five-year partnership with Mastercard. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this form, you agree to receive marketing communications […]

Report: Apple Reaches Settlement Terms on Gift Card Scam Lawsuit

January 03, 2024
Apple has reportedly agreed to settle a lawsuit that accused the company of allowing scammers to exploit its gift cards and retaining stolen funds. Get the Full Story Complete the form...

A New Gift Card Hack For The Holidays

December 11, 2017
There seems to be no such thing as a Christmas vacation when one’s main profession is defrauding consumers and businesses. Get the Full Story Complete the form to unlock this...

Card Fraud Spike Alters Grocery Store Gift Card Policy

April 21, 2016
A Washington, D.C.-area grocery story chain is only allowing customers to purchase reloadable or prepaid gift cards with cash or bank PIN-based debit due to a significant increase in credit...