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Industry Leaders Unite to Combat Gift Card Fraud with Innovation and Collaboration.

05-15-2025 10:10 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: ABNewswire

Industry Leaders Unite to Combat Gift Card Fraud with Innovation

Gift card fraud continues to undermine the integrity of global retail and payment ecosystems, eroding consumer trust and prompting fragmented legislative responses. In response, industry leaders will convene at the 2025 International Card Manufacturers Association (ICMA) Expo for a high-impact panel titled: "Combating Gift Card Fraud: Industry Collaboration, Innovation, and Legislative Readiness."

This dynamic session brings together top brands, distribution networks, and solution providers to examine the challenges and opportunities posed by increasingly sophisticated gift card fraud schemes-both open-loop and closed-loop.

Discussion topics will include:

- The geographic expansion and evolving methods of fraud targeting gift cards

- Collaborative efforts with the U.S. Department of Homeland Security to dismantle organized crime and improve prosecutability

- The impact of recent and upcoming legislation, including Maryland Bill 760, on fraud mitigation and compliance

- Advanced technologies and packaging innovations designed to secure products and protect consumers

Pack-Smart Inc., a global leader in secure card personalization and packaging automation, will offer an in-depth look at how the industry is leveraging high-speed technologies to detect fraud, enable real-time data tracking, ensure tamper-evident packaging, and streamline compliance efforts.

"Fraud prevention is no longer a siloed effort-it demands collective intelligence, scalable technology, and responsive legislation," said Derek Dlugosh-Ostap, Executive Chairman of Pack-Smart Inc. "This panel is not just about raising awareness-it's about enabling meaningful action to safeguard the future of the gift card industry."

Attendees will gain firsthand insights into emerging solutions and actionable strategies that strengthen the industry's resilience and elevate consumer confidence.

About Pack-Smart Inc.

Pack-Smart Inc. is a global innovator in high-speed personalization, secure packaging, and automation solutions engineered for the card, telecom, fintech, and pharmaceutical industries. With a presence across North America, Europe, and Asia, Pack-Smart delivers turnkey platforms that combine advanced engineering, data-driven intelligence, and regulatory compliance to support secure, scalable operations worldwide.

For media inquiries or to schedule interviews with panelists, please contact: info@packsmartinc.com | +1 (905) 760-0077

Media Contact
Company Name: Pack-Smart Inc
Contact Person: Andrew Penley
Email:Send Email [https://www.abnewswire.com/email_contact_us.php?pr=industry-leaders-unite-to-combat-gift-card-fraud-with-innovation-and-collaboration]
Phone: 905-760-0077
Country: United States
Website: http://packsmartinc.com

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