Spotlight on the SHAZAM Payments Association
posted on Wednesday, January 3, 2024 in SHAZAM Blog
The Center for Payments is a joint program sponsored by the ten U.S. payments associations for the purpose of helping members and staff better prepare for the continued evolution of U.S. payment systems. SHAZAM Payments Association is a sponsor of the Center for Payments, a program working to advance the U.S. payment systems through market intelligence and thought leadership.
“The SHAZAM Payments Association supports the Center for Payments’ mission of helping our members prepare for the continued evolution of U.S. payment systems,” said Janet LaFrence, SHAZAM Payments Association Director. “Not only are we a voice in the advancement of the payments system, but the SHAZAM Payments Association also encourages professional growth and development through our support for the Nacha® Accredited ACH Professional (AAP) and Accredited Payment Risk Professional (APRP) programs,” said LaFrence.
The SHAZAM Payments Association is made up of in-house experts with deep ACH knowledge. The team also facilitates education and awareness of faster payments, including the RTP® and FedNow® instant payment networks. Additionally, the team provides subject matter expertise and actively collaborates with Nacha and the Faster Payments Council on the new Faster Payments Professional (FPP) certification program and the Accredited Faster Payments Professional (AFPP), currently under development.
Originally named the Iowa ACH Association (IACHA), the SHAZAM Payments Association continues to serve financial institutions in Iowa and neighboring states as a resource for all things ACH. Services provided include:
- A helpline for ACH questions
- ACH education
- Preparation for professional accreditation and certification exams
- ACH publications
- Timely communication of important industry information
- Support planning for upcoming Nacha Rule changes
- ACH Exam Services
As one of only 10 accredited ACH payments associations in the U.S., SHAZAM is uniquely qualified to review financial institutions’ ACH policies and procedures. The team’s Accredited ACH Professionals (AAPs) are available to evaluate financial institutions’ ACH operations and ensure compliance with the Nacha Rules. If you’d like to learn more about SHAZAM’s ACH Exam Services, provide your contact information here and indicate you’re interested in “SHAZAM Secure.”
About SHAZAM
The SHAZAM Payments Association is affiliated with SHAZAM, a member-owned corporation headquartered in Des Moines, Iowa. SHAZAM is the only nationwide independent, member-owned debit network, processor and core provider supporting banks and credit unions. SHAZAM ensures its clients have the products and services they demand and expect, cost effectively.
Founded in 1976, SHAZAM delivers choice and flexibility to financial institutions throughout the U.S. and is a single-source provider of the following services: credit card, debit card, core, faster payments, fraud control, ATM, merchant services, marketing, training, risk management and ACH. SHAZAM is a leader in payments and financial technology, recently recognized as the 2023 Principal® Large Iowa Technology Company of the Year at the Technology Association of Iowa’s recent Prometheus Awards. SHAZAM’s mission is simple: Strengthening financial institutions.
SHAZAM, Inc. and ITS, Inc. provide this blog for general informational purposes only. Our blog may be shared by a direct link wherein the content remains as originally presented and has not been altered. SHAZAM, Inc. and ITS, Inc. assume no responsibility for errors or omissions in the contents on the blog. By using this blog, reader agrees that the information published does not constitute nor is a substitute for legal advice which should only be sought from a qualified, licensed attorney.
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