Online Resources Launches Banking-Based Expedited Payments

Online Resources Corp. (NASDAQ:ORCC), a leading provider of web-based financial services, today announced the broad launch of its integrated expedited payments service. The service, first piloted in 2007, is now fully available through more than 500 bank and credit union clients. The service enables consumer and small business end-users to make guaranteed same day payments, in return for a service fee paid to their bank or credit union. Expedited payments are processed through the Company’s unique end-to-end payments network, which links its proprietary financial institution gateway with its extensive biller network. The service is seamlessly integrated into the financial institution’s banking and bill pay application, providing ease of use and greater consumer adoption. "Online Resources continues to be a key strategic partner, offering a new value-added service that provides customers the flexibility to manage their last minute payments with total peace of mind,” said Paula Lechlitner, vice president for Internet Banking Services at AmTrust Bank, a $16 billion asset bank with branches throughout Florida, Ohio and Arizona. "We believe adding this feature to our online banking and bill pay suite will make paying bills online even more attractive to our retail and small business customers.” With this integrated service, consumers simply log on to their financial institution’s web site to make a payment in the same manner they do today. Within the billpay application, consumers will see speed of delivery options for payments to eligible payees. "This service enables our financial institution clients to generate fee income from the growing market for last minute payments, as more consumers rely on expedited payment services,” said Sheila Narayan, executive vice president and general manager of Banking Payments Services for Online Resources. "It also benefits our biller clients with faster, guaranteed funding of payments debited from consumers’ checking accounts using Online Resources’ patented debit technology.” Online Resources also offers a same-day and next-day payment service available through thousands of walk-in bill payment providers, as well as an expedited payment real-time API interface that ties to financial institutions’ existing banking and payments platforms. About Online Resources Online Resources powers web-based financial services for thousands of financial institutions, billers and credit service providers. Its proprietary suite of account presentation and payment services are branded to its clients, and augmented by marketing services to drive consumer and business end-user adoption. The Company serves more than 10 million end-users and processes over $100 billion in bill payments annually. Founded in 1989, Online Resources (Nasdaq: ORCC; www.orcc.com) is recognized as one of the nation’s fastest growing technology companies. About AmTrust Bank AmTrust Bank was founded in 1889, and is one of the fastest growing financial institutions in America. AmTrust has grown from a local savings and loan with one office to a nationally recognized leader in retail banking, with branch offices in Florida, Ohio and Arizona. AmTrust Bank offers customized checking, investment and small business services; is among the top 15 home loan originators in the country; and also specializes in commercial construction lending. In addition, AmTrustDirect.com, a division of AmTrust Bank, is an online-only resource offering competitive rates on CD, savings and money market accounts This news release contains statements about future events and expectations, which are "forward-looking statements." Any statement in this release that is not a statement of historical fact may be deemed to be a forward-looking statement. Such forward-looking statements involve known and unknown risks, uncertainties and other factors, which may cause the company's actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Specifically factors that might cause such a difference include, but are not limited to: the company's history of losses and anticipation of future losses; the company's dependence on the marketing efforts of third parties; the potential fluctuations in the company's operating results; the company's potential need for additional capital; the company's potential inability to expand the company's services and related products in the event of substantial increases in demand for these services and related products; the company's competition; the company's ability to attract and retain skilled personnel; the company's reliance on the company's patents and other intellectual property; the early stage of market adoption of the services it offers; consolidation of the banking and financial services industry; and those risks and uncertainties discussed in filings made by the company with the Securities and Exchange Commission, including those risks and uncertainties contained under the heading "Risk Factors" in the company's Form 10-K, latest 10-Q, and S-3 as filed with the Securities and Exchange Commission. These factors should be considered in evaluating the forward-looking statements, and undue reliance should not be placed on such statements.