D+H Accelerates the US Move to Real-time Payments by Providing an Innovative Cloud Test Environment

DH Corporation (TSX:DH), a leading provider of technology solutions to financial institutions globally, today announced that it is offering banks a cloud-based testing environment to simulate connectivity to The Clearing House’s Real-time Payments System. D+H’s service provides an opportunity for banks to utilize D+H’s US real-time initiation channels and payment hub solution to quickly and easily simulate the execution and clearing of payments on the TCH network.
As quoted in the press release:

D+H’s testing environment will provide banks with simulated connectivity to the TCH real-time payments network with minimal investment. Leveraging D+H’s optional open API layer, banks can also directly connect their own payment channels and apps to the environment. Banks will thus be able to easily assess the benefits that real-time payments provide and accelerate their adoption of this new payment mechanism. The benefits of real-time payments to banks include enhanced operational efficiencies, access to new customers, and increased competitive advantage, while banks’ customers will benefit from the immediacy and certainty associated with real-time payment execution.
“The Clearing House is committed to making real-time payments a reality in the United States,” says Steve Ledford, SVP of Product and Strategy at The Clearing House. “D+H is playing a significant role in promoting its general acceptance, by giving banks a low-risk environment to experiment with real-time payments and experience its benefits.”

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