SHAZAM's Nathwani to serve as chair on US Payments Forum 2021 steering committee

posted on Monday, March 15, 2021 in Company News

DES MOINES, Iowa (March 15, 2021) — SHAZAM, Inc., a nationwide provider of financial services to community banks and credit unions, is proud to announce that Manish Nathwani, senior vice president of product development, is newly elected to serve as chair on the 2021 U.S. Payments Forum steering committee. He formerly served two terms as steering committee secretary.

“I’m pleased the cross-industry stakeholders continue to elect debit network representatives, like SHAZAM, to advocate for open access to and continual growth of payment solutions,” Nathwani said. “SHAZAM will always ensure the solutions it offers to community financial institutions remain competitive and aligned with current and emerging payment technologies in the U.S.”

His work with the U.S. Payments Forum also benefits the community banks and credit unions that SHAZAM serves since Nathwani is a catalyst when it comes to new payments solution technologies. 

SHAZAM is member-owned and doesn’t answer to shareholders, so can reinvest profits in technologies clients need as they serve the next generation of consumers.

“Manish is tremendously committed to his work with the payments industry,” said SHAZAM president and CEO Paul Waltz. “His leadership on the U.S. Payments Forum allows him to influence the industry implementation of emerging secure payments technologies which is a vital component to the progress of the community banks and credit unions SHAZAM serves.”

SHAZAM pioneered the PIN-debit point-of-sale transaction, still used worldwide today. We’re 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’re a leader in payments and financial technology, with a simple mission: Strengthening community financial institutions. Visit us today at


Media Contact                                                                      
Valerie Cibula
o: 515-288-2828, ext. 2902


  1. advocacy
  2. payments

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