Automatic Bank Services Ltd.
Core provider of Israel's payment infrastructure, managing the national switch and clearinghouse.
SHVA | TA
Overview
Corporate Details
- ISIN(s):
- IL0011581613
- LEI:
- Country:
- Israel
- Address:
- 26 Harokmim Building A., 5885849 Holon
- Website:
- https://www.masav.co.il/
- Sector:
- Financial and insurance activities
- Industry:
- Activities auxiliary to financial services, except insurance and pension funding
Description
Automatic Bank Services Ltd. (also known as SHVA) operates as a core provider of payment infrastructure and technological services for Israel's financial system. The company manages and maintains the national payment switch, facilitating the interbank network for ATM, credit, and debit card transactions. It serves as the central infrastructure for payment clearing and settlement, enabling secure communication between customers, merchants, and financial institutions. Through its subsidiary, the company also operates the Automated Clearing House (ACH), providing advanced systems for large-scale payment transfers, such as direct debits and credits for payroll and supplier payments. Its services are utilized by financial bodies, government institutions, and thousands of organizations.
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Market Data
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Insider Transactions
| Date | Insider Name | Position | Type | Shares | Value |
|---|---|---|---|---|---|
| No insider transactions recorded for this company. | |||||
