07/12/2017

Member News

The SHAZAM Network names FedFis as Banking Intelligence Data Provider

DES MOINES, IA (July 7, 2017) – SHAZAM Network announced that it has selected FedFis to provide the FedFis FinTegration Ecosystem© and industry financial data for SHAZAM’s market intelligence and data analytics group. FedFis is a national provider of real-time precision industry financial and vendor Information on every Bank and Credit Union in the US. “Market intelligence is critical to identifying and taking advantage of opportunities to grow,” said Kevin Christensen, SHAZAM’s senior vice president of market intelligence and data analytics. “The FedFis product offering is a critical tool we will utilize in making both tactical and strategic decisions for the organization.” Dave Mayo, chief executive officer of FedFis, said, “We are pleased to support SHAZAM’s mission of strengthening community financial institutions. This latest partnership will help inform SHAZAM’s strategy and success moving forward.” Mayo added, “With payment and network competition at an all-time high, a real-time understanding of the shifting vendor marketplace is more critical than ever before. The FinTegration Ecosystem© Reveals the Digital Vendor mix of each Financial Institution, it is vital information.” The SHAZAM Network, founded in 1976, is a national member-owned financial services and payments processing company. SHAZAM provides choice and flexibility to community financial institutions throughout the U.S. SHAZAM is a single-source provider of the following services: debit card, core, fraud, ATM, merchant, marketing, training, risk and automated clearing house (ACH). About FedFis: FedFis delivers real-time precision financial and vendor data on every U.S. Financial Institution through simple platforms designed for deep analysis of each FI and the overall banking industry.