Company Overview of SHAZAM, Inc.
SHAZAM, Inc. provides electronic funds transfer (EFT) and payment services to the financial institutions. Its EFT products and services include automated teller machine (ATM) processing, debit and ATM card processing, card authorization services, merchant processing, and automated clearing house services, as well as business debit cards, health savings account cards, power marketing program, security solutions, and fraud risk management services. The company also provides fraud management, merchant, security, and switching services. Its merchant services include troubleshooting assistance, training guides, help desk support, equipment repair, loaner equipment, and equipment sales, as well as...
6700 Pioneer Parkway
Johnston, IA 50131
Founded in 1976
Key Executives for SHAZAM, Inc.
Chief Information Officer and Senior Vice President of Information Technology
Senior Vice President and Corporate Counsel
Senior Vice President of Sales
Compensation as of Fiscal Year 2012.
SHAZAM, Inc. Key Developments
TCM Bank, N.A Enters into Referral Agreement with SHAZAM, Inc
May 9 12
TCM Bank, N. A has entered into a referral agreement with SHAZAM, Inc. Through this alliance, SHAZAM will refer its participating financial institutions to TCM's credit card services.
SHAZAM, Inc. Launches Adaptive Payment's Pentagon Mobile Payment Application
Jan 25 12
SHAZAM, Inc. announced that it has launched the Adaptive Payments Pentagon mobile point-of-sale (POS) payments application. Pentagon is a mobile payments platform, which allows merchants to accept PIN debit, signature debit and credit transactions using iPhone(R) and Android(R) mobile phone and tablet devices. SHAZAM will roll out Pentagon to its nearly 1,500 community financial institutions and their merchant customer base. The technology behind the Pentagon mobile payments application is unique to the marketplace as it uses Adaptive Payments' 5DSecure(TM) five factor-dual channel authentication technology to authenticate PIN debit transactions quickly and securely. The Pentagon solution breaks new ground by being the first and only solution to use the consumer's phone for PIN capture and using Adaptive Payments' patent pending, outside-of-band authentication technology. The PIN is captured in a second channel and is never stored virtually with the cardholder's card data or personal information. Security is a hallmark for Adaptive Payments and Pentagon is no different. In addition to accepting PIN debit, Pentagon uses 3DES to encrypt the magnetic stripe right at the read head. The transaction produces a Regulation E-compliant receipt that is delivered to consumers via SMS text message. Pentagon also captures and stores an image of the signed receipt. The mobile payments space is becoming crowded with many look-alike payers but Adaptive Payments stands alone.
SHAZAM, Inc. Supports Adaptive Payments' Pentagon Mobile Payment Technology
Aug 30 11
SHAZAM, Inc. announced in partnership with Adaptive Payments development of a new mobile POS application known as Pentagon. Pentagon is a mobile payments platform, which allows merchants to accept mobile PIN- and signature-based transactions using an iPhone(R). The technology that supports the Pentagon mobile payments application is unique to the marketplace as it uses Adaptive Payments' 5DSecure(TM) five factor, dual channel authentication technology to authenticate PIN debit transactions quickly and securely.
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