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MCLEAN, Va., Apr. 10, 2000

Online Resources & Communications Corp.(Nasdaq: ORCC), a leading provider of Internet banking and bill payment services, announced today that Money Belt, the regional ATM network owned and operated by First Tennessee Bank, is marketing Online Resources' Internet banking services to its 250 member institutions. First National Bank of Blytheville, Ark., was the first Money Belt bank to sign a contract for Online Resources' services as a result of this alliance.

"Online Resources has the winning formula for Internet banking for community institutions," said Money Belt's Fred Spratlin, senior vice president, electronic banking. "By offering a complete solution—consumer software, electronic bill payment, customer service and marketing assistance—Online Resources provides what our members need to be competitive. We are aggressively marketing this service to them."

Online Resources services include fully integrated, real-time Internet banking and bill payment and a broad range of other financial services aggregated on the institution's Web site. The services include personalized consumer start pages bearing a financial institution's brand, brokerage services, Web-based loan approval and sophisticated cash management solutions for institutions' commercial clients.

"We're very pleased that Money Belt recognizes the value of our end-to-end solution for its members," said Dan Ritten, senior vice president, client services. "We remain dedicated to enabling community institutions to compete with larger ones. We will continue to upgrade and enhance our systems and services as technology evolves to ensure that our clients can always offer leading edge technology and services on the Internet."

Online Resources & Communications Corporation (http://www.orcc.com) is a leading outsourcer of privately branded Internet financial services for regional and community banking institutions. The McLean, Virginia-based company has more than 400 institutional clients nationwide. It provides consumer bill paying and banking services and aggregates lending, insurance, securities trading and investment services. Online Resources performs real-time processing through its patented EFT gateway and full customer service for client institutions, giving them a comprehensive "hub" solution from a single vendor. Client consumer marketing programs are conducted under the bankonline.com co-brand.

First Tennessee, headquartered in Memphis, Tennessee, is a nationwide, diversified financial services institution and is one of the 50 largest bank holding companies in the United States in asset size and market capitalization. Banking and other financial services are provided through the regional banking group and three national lines of business: FT Mortgage Companies, First Tennessee Capital Markets, and transaction processing. Transaction processing includes credit card merchant processing, Money Belt (automated teller machine network), and First Express (nationwide check clearing operation and our retail lockbox products). The corporation's common stock is traded on the New York Stock Exchange under the symbol FTN. It is listed in the financial section of most newspapers as FstTN Ntl and is included in the Standard & Poor's MidCap 400 index. More information is available at First Tennessee's Web site at www.firsttennessee.com.

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. Specific 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 Registration Statement on Form S-1 as filed with the Securities and Exchange Commission.