RT Lawrence
RT Lawrence Corporation is a privately-held B2B payment processing systems provider serving US and Canadian government agencies, insurance companies, non-profits, and utility companies through its RTLFiRST platform, lockbox services, and IDA analytics offering.
- Company typePrivate
- Founded1994
- HeadquartersWhittier, United States
- Headcount11–50
- GTM typeB2B
- OfferingServices
What RT Lawrence does
RT Lawrence Corporation, founded in the mid-1990s and headquartered in Whittier, California, is a privately-held B2B payment processing systems provider serving government agencies, insurance companies, non-profit organizations, and utility providers throughout the United States and Canada. Its core product is RTLFiRST, a payment processing platform that handles check payments, electronic checks, list payments, wholesale payments, and check-only payments, supported by modules including ClickList (OCR list payment handling), E-Pay Consolidator, Distribution Manager, and Payor Reader. Adjacent service lines include outsourced lockbox processing, remittance processing, disaster recovery services, and remote verification.
Underlying technology is built around OCR, Check 21, and ACH E-Deposits optimization, with hardware-agnostic integration certified across seven scanner OEMs including OPEX (Gold Channel Partner), IBML, Canon, NCR, Burroughs, Panini, and MagTek. In 2021 the company launched IDA (Intuitive Data Analytics), a multimodal (voice/typed/swipe) interactive BI platform distributed exclusively by RTL, and bundled RTL AI predictive analytics and IDA View visualization components, with stated integration work underway into RTLFiRST and FIRSTView.
The business operates on a direct enterprise-sales GTM (phone, email, contact form) targeting government and large institutional buyers. Revenue is generated through transaction-based payment processing fees, managed lockbox services, subscription or add-on fees for the IDA analytics platform, and professional services for hardware integration. Pricing is custom and not publicly disclosed, structured around multi-year contracts priced on payment volume and service requirements. The company employs 11-50 staff and has grown headcount by approximately 15% over the past five years.
RT Lawrence firmographics
Firmographics- Name
- RT Lawrence
- Legal name
- RT Lawrence Corporation
- Website
- https://rtlawrence.com
- Company type
- Private
- Founded year
- 1994
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- RT Lawrence Corporation is a privately-held B2B payment processing systems provider serving US and Canadian government agencies, insurance companies, non-profits, and utility companies through its RTLFiRST platform, lockbox services, and IDA analytics offering.
- Ownership category
- akta.pro rank
RT Lawrence industry classification
Industry- Product category
- Payment Processing Services
- NAICS
- Financial Transactions Processing, Reserve, and Clearinghouse Activities (522320), Financial Transactions Processing, Reserve, and Clearinghouse Activities (52232)
- SIC
- Services-Computer Programming, Data Processing, Etc. (7370), Services-Computer Processing & Data Preparation (7374)
- akta.pro primary industry
- Payment Processing for Collections (Lockbox, ACH, Card, IVR) (FSAKAJAJ)
- akta.pro secondary industry
- Payments Operations (ACH/Wire/RTGS, SWIFT, SEPA, Checks) (FSABALAB)
Keywords
Where RT Lawrence is headquartered
LocationHeadquarters
- HQ city
- Whittier
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
RT Lawrence business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Technology or R&D, Operations, Marketing or Sales, Infrastructure
Revenue model
- Payment Processing Services: Transaction-based payment processing for check payments, electronic checks, wholesale payments, and list payments. Services include in-house payment processing, payment optimization, transfer payment validation, standard process payment, and contingency payment handling.
- Lockbox Services: Outsourced lockbox processing services for agencies handling check payments, including disaster recovery services and remote verification services.
- Data Analytics Platform (IDA): Interactive business intelligence platform with voice, typed, and swipe interface for data visualization and predictive analytics. IDA integration with RTLFIRST and FIRSTView in development.
- Hardware Integration Services: Scalable in-house payment processing solutions compatible with check scanners from OPEX, Canon, NCR, Burroughs, Panini, MagTek, and IBML.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Multi-year contract | Enterprise payment processing - custom pricing |
Go-to-market motion1 record
Distribution channels1 record
Marketing channels5 records
RT Lawrence product offering
Product offeringCore offering
RT Lawrence provides total payment processing systems for government agencies, non-profits, insurance companies, and utility companies across the US and Canada. Its flagship platform RTLFiRST handles check payments, electronic checks, list payments, wholesale payments, and check-only payments with scanner hardware interoperability and disaster recovery services. The company also offers outsourced lockbox processing, remittance processing, and the IDA (Intuitive Data Analytics) interactive Business Intelligence platform for which it is the exclusive distributor.
Product overview
RT Lawrence is a TOTAL payment processing system provider offering a platform-plus-modules architecture. The core product is RTLFiRST, a premier payment processing solution for government agencies, non-profits, insurance, and utility companies throughout the US and Canada. The platform handles check payments, electronic checks, list payments, wholesale payments, and check-only payments. Supporting the core processing platform is a suite of specialized modules including ClickList for OCR-based list payment processing, E-Pay Consolidator for third-party payments, Distribution Manager for eliminating manual stub searches, and Payor Reader for check verification. The company has expanded into data analytics with IDA (Intuitive Data Analytics), an interactive Business Intelligence platform available exclusively through RTL, which includes RTL AI for predictive capabilities and IDA View for visualization access. The IDA platform is being integrated with RTLFiRST and FIRSTView to create a blended analytics experience. Additional services include Disaster Recovery Services, Remote Verification Services, and dedicated certified engineer support.
Differentiator
Problem solved
Functional benefit
Brands
- RTLFiRST: Flagship payment processing solution for government agencies, non-profits, insurance, and utility companies
- IDA
- RTLFIRST
- FIRSTView
Products and services
- RTLFiRST RT Lawrence's flagship premier payment processing solution handling check payments, electronic checks, list payments, wholesale payments, and check-only payments for government, non-profit, insurance, and utility organizations in the US and Canada.
- Remittance Processing A premier payment processing service handling standard check payments, wholesale payments, electronic check payments, and disaster recovery services for agencies throughout the US.
- Lockbox Service Outsourced lockbox services for payment processing, handling incoming payments and remittance operations for organizations across the US.
- Data Analytics Platform Solution offering that includes IDA (Intuitive Data Analytics) as an exclusive distribution, RTL AI for predictive analytics, and IDA View for interactive business intelligence.
- IDA (Intuitive Data Analytics) Interactive Business Intelligence platform that allows users to ask questions about past, present, and future data and receive instant visualizations, supporting voice, typed, and swipe prompts. RT Lawrence is the exclusive distributor of IDA.
- RTL AI AI-powered data analytics component within the RTLFIRST platform providing predictive business insights for payment and operations data.
- IDA View Data visualization component of the IDA analytics platform providing access to interactive business intelligence and visualization capabilities.
- ClickList List payment handling module designed to process list payments efficiently through OCR technology, allowing operators to manage payments.
- E-Pay Consolidator Module for processing third-party payments in the form of checks or electronic lists, reducing manual processing time.
- RTLFiRST Distribution Manager Module designed to eliminate repetitive paper-based manual search processes, saving time in searching for physical stubs and generating distribution information.
- Payor Reader Module that reads payor information from checks and enables verification for check-only payments with added search parameters.
- Disaster Recovery Services Contingency services for agencies requiring continuous payment handling or backup payment processing plans in case of operation cessation.
- Remote Verification Services Remote verification services for agencies and organizations throughout the US, supporting payment validation operations.
- Dedicated Support Services Support staffed with certified engineers assigned to dedicated client partners to ensure environment-specific support and issue resolution.
Companies that use RT Lawrence
Customer profileNamed customers4 records
Segments4 records
Ideal customer profiles4 records
RT Lawrence technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
AI capability5 records
Feature6 records
RT Lawrence partnerships and signals
Strategic signalPartnerships
Four partnerships are on record, tiered core.
- OPEX CorporationcoreOPEX Corporation is a Gold Channel Partner of RT Lawrence. OPEX specializes in enterprise automation solutions including the FalconRED scanning device, warehouse automation, mail sorters, and intelligent data capture technologies. Partnership enables hardware compatibility for payment processing workflows.
- IBML CorporationcoreIBML Corporation provides document and check scanning technologies including the Fusion 8300, Fusion 8400, and Intelliscan Raptor scanners. IBML's high-speed scanning and intelligent data extraction technologies integrate with RTLFiRST payment processing platform.
- Canon USAcoreCanon provides desktop check scanners designed for banking technology applications. Canon's high-quality imaging technology and check scanning solutions are compatible with RT Lawrence's payment processing systems.
- IDA (Intuitive Data Analytics)coreRT Lawrence serves as the exclusive distributor of IDA (Intuitive Data Analytics), an interactive Business Intelligence platform. IDA allows users to access data through voice, typed, and swipe prompts with instant visualizations and predictive analytics capabilities.
Scale indicators3 records
Recent moves5 records
Expansion highlights5 records
RT Lawrence competitors and assessment
Company assessmentBroad incumbents
- Fiserv: Large-scale payment processor and financial technology provider offering lockbox, bill payment, and remittance services to banks, government, and merchants. Comparable to RT Lawrence in the lockbox/payment processing space but operates at vastly greater scale across multiple product lines.
- FIS (Fidelity National Information Services): Global financial technology provider serving banks, insurers, and government agencies with payment processing, lockbox, and remittance solutions. Overlaps with RT Lawrence in check processing and remittance workflows but serves a much broader portfolio of clients.
- Jack Henry & Associates: Banking technology provider offering payment processing, image-based check processing, and remittance solutions to community and mid-sized banks and credit unions. Comparable to RT Lawrence in payment processing infrastructure for regulated financial institutions.
- NCR Atleos: Spun off from NCR in 2023 to focus on ATM, self-service banking, and payment processing hardware/software. Comparable to RT Lawrence through its scanner and payment-processing technology stack and overlap with retail banking and utility payment workflows.
Direct peers
- Bottomline Technologies: B2B payment automation, fraud detection, and confirmation of payee solutions for banks, corporations, and government. Comparable to RT Lawrence's payment automation, validation, and lockbox offerings for enterprise and regulated clients.
- ACI Worldwide: Real-time electronic payment and banking software provider serving banks, merchants, and corporates globally. Comparable to RT Lawrence in payment processing infrastructure, with overlap on ACH and electronic payment routing for large enterprise clients.
- Datacap Systems: Payment processing middleware provider integrated with POS, kiosks, and unattended payment environments across retail, hospitality, and unattended verticals. Comparable to RT Lawrence as a payment-processing technology provider with hardware integration capabilities.
Emerging players
- Bill.com: Cloud-based AP/AR and business payment automation platform serving SMB and mid-market customers. Comparable to RT Lawrence in payment automation for receivables workflows, though focused on a smaller end-customer segment.
Others
- OpenText: Enterprise information management and document capture vendor whose content services and capture technology are often integrated into payment processing and lockbox workflows. Adjacent to RT Lawrence via document/imaging capabilities that complement check scanning.
- Hyland: Content services and document management platform provider, commonly deployed in financial services, insurance, and government back-office workflows. Adjacent to RT Lawrence as a workflow and document capture layer that intersects with check and remittance processing.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights6 records
Customer concentration
RT Lawrence social profiles
Digital presenceRT Lawrence financial estimates
Financial estimateRevenue estimate
Valuation estimate
RT Lawrence leadership team
Management profileNumber of profiles
Profiles1 record
RT Lawrence funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
RT Lawrence M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about RT Lawrence
What does RT Lawrence do?
RT Lawrence provides total payment processing systems for government agencies, non-profits, insurance companies, and utility companies across the US and Canada. Its flagship platform RTLFiRST handles check payments, electronic checks, list payments, wholesale payments, and check-only payments with scanner hardware interoperability and disaster recovery services. The company also offers outsourced lockbox processing, remittance processing, and the IDA (Intuitive Data Analytics) interactive Business Intelligence platform for which it is the exclusive distributor.
When was RT Lawrence founded?
RT Lawrence was founded in 1994. It employs 11 to 50 people.
Where is RT Lawrence based?
RT Lawrence is headquartered in Whittier, United States, in the North America region.
How does RT Lawrence make money?
Four revenue lines are on record. Payment Processing Services are the primary driver. The others are lockbox Services, data Analytics Platform (IDA) and hardware Integration Services.
Who are RT Lawrence's main competitors?
Broad incumbents on record are Fiserv, FIS (Fidelity National Information Services), Jack Henry & Associates and NCR Atleos. Direct peers are Bottomline Technologies, ACI Worldwide and Datacap Systems. Bill.com is listed as an emerging player. Others are OpenText and Hyland.
Does RT Lawrence have an API?
No public API is recorded for RT Lawrence.
What industry is RT Lawrence in?
RT Lawrence's product category is Payment Processing Services. Its primary akta.pro industry code is FSAKAJAJ, Payment Processing for Collections (Lockbox, ACH, Card, IVR), with a secondary code of FSABALAB, Payments Operations (ACH/Wire/RTGS, SWIFT, SEPA, Checks). Its NAICS code is 522320 and its SIC code is 7370.