SHAZAM pioneered the PIN-debit point-of-sale transaction, still used worldwide today. We are the only nationwide independent, member-owned debit network, processor and core provider supporting community banks and credit unions. Since we don't answer to shareholders, we can reinvest profits in technologies our clients need as they serve the next generation of consumers. SHAZAM ensures our clients have the products and services they demand and expect in a cost-effective way. Founded in 1976 and headquartered in Iowa, we are a leader in payments and financial technology, with a simple mission: Strengthening community financial institutions.