| 1989 |
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Company incorporated as Online Resources, Ltd., located in Washington, D.C. |
| 1990 |
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Online Resources completes $750,000 seed round of private financing and moves to McLean, Virginia |
| 1991 |
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Online Resources secures first client, $35B Maryland National Bank |
| 1992 |
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Online Resources launches its proprietary screen-based telephone (the Online 120) with integrated banking and bill payment services |
| 1993 |
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Online Resources awarded three major patents covering online payments, integrated database marketing and the screen-based telephone |
| 1994 |
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Consumer access options expanded to include conventional touch-tone phone, screen phone and PC client software |
| 1995 |
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Online Resources was the first remote banking outsourcer to support consumer Internet banking access |
| 1996 |
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Online Resources launches its proprietary customer care center supporting user calls and cross-selling of bill payment and other e-financial services |
| 1997 |
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Online Resources' proprietary bill payment service leads payments industry with highest electronic remittance percentage (now over 70 percent in most metropolitan markets) |
| 1998 |
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Online Resources finishes its unique online payments gateway, linking it to substantially all U.S. banking institutions through a network of over 50 core processors and ATM networks |
| 1999 |
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Online Resources completes $43 million initial public offering |
| 2000 |
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Online Resources signs 400th financial institution client and secures $20 million convertible debt despite troubled capital markets |
| 2001 |
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Online Resources named among fastest growing technology companies by Deloitte & Touche and launches unique integrated consumer marketing capabilities to drive consumer adoption and client profitability |
| 2002 |
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Online Resources achieves profitability and 30 consecutive quarters of revenue growth exceeding 25 percent |
| 2003 |
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Online Resources introduces Money HQSM, the industry's first account aggregation and money movement service to be fully integrated with online banking and bill payment |
| 2004 |
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Online Resources acquires Incurrent Solutions, Inc., the foremost Internet application service provider (ASP) to the credit card issuer industry. The Parsippany, New Jersey, company becomes Online Resources' Card & Credit Services division |
| 2005 |
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Online Resources acquires Integrated Data Systems, a premier technology provider to credit unions. The Woodland Hills and Pleasanton, California, company becomes the Custom Solutions group within Online Resources' Banking Services division |
| 2006 |
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Online Resources acquires Princeton eCom, a leading electronic payments provider to financial institutions and billers. The Princeton, N.J.-based company becomes part of the Company’s eCommerce division. Following the acquisition, Online Resources processes over 200 million transactions representing $75 billion in bill payments, and serves 2,200 financial institutions and 1,600 billers, more clients than any other bill payment processor. |
| 2007 |
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Online Resources acquires Internet Transaction Solutions, the leading biller service provider (BSP) to receivables management companies and utilities. The Columbus, Ohio-based company becomes a part of the Company’s eCommerce division.
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