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October 13, 2015 7:21 PM ET

IT Services

Company Overview of SHAZAM, Inc.

Company Overview

SHAZAM, Inc. provides electronic payment and processing services to financial institutions and their customers. The company provides automated clearing house (ACH) services, ATM Services, authorization services, debit card services, fraud and risk management services, and merchant services. It also provides mobile services, including developing a mobile application that alerts debit cardholders to potential fraud and allows them to check balances; information security services, such as ACH examination, Bank Secrecy Act examination, external security assessment, internal security assessment, IT consulting, IT examination, managed network services, managed firewall and intrusion prevention, ri...

6700 Pioneer Parkway

Johnston, IA 50131

United States

Founded in 1976





Key Executives for SHAZAM, Inc.

Chief Executive Officer and President
Chief Information Officer and Senior Vice President of Information Technology
Senior Vice President and Corporate Counsel
Senior Vice President of Relationship Development
Chief Revenue Officer
Compensation as of Fiscal Year 2015.

SHAZAM, Inc. Key Developments

SHAZAM Network Names Paul Waltz as CEO

Paul Waltz has been hired as new CEO by SHAZAM Network. Waltz substitutes longtime CEO, Michael Hollinger, who stepped down from the company in August. The company appointed Waltz as executive vice president and chief operating officer in 2013; and was named president in 2014. Before joining the company, Waltz was working for more than 30 years with community financial institutions in Iowa and as chief operating officer with First American Bank in Clive. Waltz has also held a variety of positions on the SHAZAM board of directors, including chairman.

Shazam Appoints Rob Krolik as its Independent Member and Chair of the Audit Committee

Shazam announced that Rob Krolik, CFO of Yelp, the company that connects consumers with great local businesses, has joined the Shazam Board as an independent member and Chair of the Audit Committee. Mr. Krolik has more than 20 years of consumer market and public company experience, including several senior roles at eBay, and other leading online properties.

Shazam Appoints Paul Waltz as President and COO

The Shazam electronic funds transfer network has appointed Paul Waltz as its president and chief operating officer in anticipation of CEO Michael Hollinger's retirement next year. Waltz has served as executive vice president and chief operating officer at Shazam, which announced his new role at the Des Moines, Iowa-based company's annual shareholder's meeting Aug. 26. Hollinger will remain CEO until his August 2015 retirement. Waltz is in line to succeed Hollinger, but would require board approval when the time comes.

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