SHAZAM invests in payment authentication company
SHAZAM, Inc., has made a strategic investment in Adaptive Payments, Inc., a payment authentication company. SHAZAM, the Johnston, Iowa-based electronic funds transfer network, chose to invest in the Fort Lauderdale, Fla.-based company after partnering with Adaptive Payments for Internet PIN debit processing and gateway services.
“We made an investment in Adaptive Payments because we believe in the company and the technology they are implementing,” said Michael Hollinger, SHAZAM president and CEO . . .