Chase Manhattan Corp. has launched an international electronic payments service that seeks to leverage the bank's dominance in the automated clearing house business.

The service, called Chase Automated Mass Payments Services, or Champs, is an international automated clearing house service.

Limited Time Offer

Save $400 off your subscription. Special offer ends April 30, 2017.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.