cloudDH Corporation (D+H) is now offering banks a cloud-based testing environment to simulate connectivity to The Clearing House’s (TCH) real-time payments system.

D+H says it is the first payments hub vendor to provide banks in the US “easy and low-risk” access and with “minimal investment”. It offers an optional open API layer, where banks can directly connect their own payment channels and apps to the environment.

Steve Ledford, SVP of product and strategy at The Clearing House, says D+H is playing a “significant role in promoting the general acceptance” of real-time payments in the US by “giving banks a low-risk environment to experiment with real-time payments and experience its benefits”.

As Banking Technology reported in April 2016, FIS and TCH were preparing to launch a pilot for a “first-of-its-kind” real-time payments system in the US. The pilot focuses on the bill payment use case, using FIS technology and operating via the TCH real-time payments platform.

Already under development, the pilot will go live in the first quarter of 2017, and bring payments that clear and settle in real-time to the pilot financial institutions. Once live, the system will be available to all financial institutions across the country.

Twilight zone

In the last few months of 2016, D+H was active.

It up a committee to review its possible sale, and brought together a group of independent directors to review expressions of interest from third parties.

Elsewhere, Provident Credit Union in California and MountainOne Bank in Massachusetts went live with D+H’s new core banking software – PhoenixEFE.