Online Resources: Leader In Real-Time Internet Financial Services & Payment Systems
Online Resources Corporation (Nasdaq: ORCC) provides Internet-based financial services and online payments
systems for e-commerce.
The company provides a turnkey, end-to-end service with all the applications, technologies and support systems
required by the regional and community institutions that comprise its target market. Its services also can be
partitioned to serve financial institutions wanting to integrate the company's patented payment system or its
remittance services into the institution's existing online banking software and services and electronic payments
infrastructure.
Online Resources' electronic payments system leverages the banking industry's trusted payments infrastructure,
with its security, clearing, settlement, reconciliation and regulatory procedures. Funds are debited from a
consumer's account in real-time to lower costs and guarantee funds, whether to payees of a consumer online
banking program or to an Internet-based merchant.
Online Resources' institutional support consists of consumer marketing programs (including bankonline.com),
call center services, Web site design and hosting, transaction processing, communications networks, security
services and network management.
The McLean, Va.-based company, founded in 1989, currently has more than 500 financial institution clients.
By merging the real-time communications of the Internet with the real-time payments infrastructure of the
banking industry, Online Resources acts as an interactive financial services integrator, connecting consumers
with their financial institutions for the delivery of financial transactional services and value added
information.
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