Founded in 1976, SHAZAM is a member-owned financial services technology provider based in Johnston, Iowa. Operating under a nonprofit model, the company delivers payments infrastructure, core banking software, and tailored solutions to community banks and credit unions across 49 states and Washington, D.C. Its approximately 650 employees work across technical domains including payments infrastructure, core banking software, digital banking, information management, and compliance and fraud prevention.
The company's product suite includes the SHAZAM payments network, one of the largest independent debit networks in the United States, which evolved from the nation's first shared electronic funds transfer network. Additional offerings include Peregrine for payment processing, DigiHive for digital banking, KinetiCore for core banking software, DocuCommand for information management, and SHAZAMSecure for compliance and fraud prevention.
As a member-owned organisation, SHAZAM prioritises the success of its financial institution clients over shareholder returns, serving community banks and credit unions within the broader financial services and payments industry.
