SHAZAM says aloha to Lanai Federal Credit Union

posted on Tuesday, March 23, 2021 in Company News

DES MOINES, Iowa (Mar 23, 2021) — SHAZAM, Inc., a nationwide provider of financial services to community financial institutions, announced that Lanai Federal Credit Union has chosen SHAZAM to implement the credit union’s debit card program. This partnership is SHAZAM’s first in Hawaii.

“SHAZAM, hands-down, clearly stood out from the rest being the most cost-effective provider that will provide us with an exceptional and robust debit card program to better serve our members! I look forward to a successful partnership, MAHALO SHAZAM!” - Charity Texeira Figuerres, CEO/manager

Additions to Lanai Federal Credit Union’s debit card program includes SHAZAM’s fraud management solution powered by FICO® Falcon® and the Brella® mobile app. The fraud management tool recognizes patterns and predicts trends using artificial intelligence to detect and stop fraud. The Brella app immediately alerts cardholders to potentially fraudulent activity on their account. These two solutions, coupled with the expertise of the SHAZAM fraud team, are the most effective fraud-fighting services in the industry.

"One of the strengths of SHAZAM is the strong relationships we build which leads to true partnerships like with Lanai Federal Credit Union,” said Jason Lesteberg, regional director of sales. “It’s clear Lanai is dedicated to the financial empowerment of their members, and we’re happy we could provide cost-effective innovative solutions and expertise to make that happen.”

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 financial institutions. 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

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