What is a Remittance Processing System?

The word “remittance” is a broad term used in the financial industry. Remittance usually refers to money that is sent or transferred to another party as payment for goods or services or foreign transfers (inwards or outwards) to and from individuals in other countries. It is derived from the word remit, which means to send […]

What is Lockbox Processing?

Lockbox processing is a service offered by third-party vendors and financial institutions to simplify and automate the handling of customer mailed-in payments. Lockbox processing is also known as remittance processing service or payment processing service. Lockbox processing services route and handle mailed-in payments for reconciliation to a client’s host system and prepare them for deposit. […]

RTLFiRST Distribution Manager

Do you….. -want to eliminate repetitive paper based manual search process? -want to save time in searching for the physical stubs? -need to generate stub/check images of archived/un-archived batches in PDF and/or multipage TIF format? RTL has a solution for you… DISTRIBUTION MANAGER® (formerly RTL PDFManager) is a tool that allows RTLFiRST users to generate […]

Feature Friday – Mobile Capture

Does your office have lines of people waiting to pay during your busy season?  Do customers want a receipt when they pay? RTL has a solution to these problems – our MOBILE CAPTURE solution. The MOBILE CAPTURE solution was designed to allow your organization to accept payments remotely and add value to your existing Remittance […]

REAL-TIME Lookup

Do you.. want to make it easy in searching accounts for checks only payments? want to eliminate significant amount of time and errors in looking for the right payer? want to reduce headaches in launching multiple applications to post payment? RTL has the solution… REAL-TIME Lookup -The developers behind RTLFiRST have extended the features and […]