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MCLEAN, Va., Aug. 11, 2000

Online Resources & Communications Corp. (Nasdaq: ORCC), a leading provider of Internet banking and bill payment services, now enables consumers to view and transfer—in real-time—funds from all accounts they hold with their financial institutions and link them to Online Resources' real-time bill payment service.

This week, Brookfield, Wisc.-based Fiserv, Inc. introduces the service to its more than 2,000 institutions, following links previously developed with the EDS Miser core processing system and the MAC ATM network that serves more than 2,500 institutions.

Matthew P. Lawlor, chairman and CEO, said the company's Internet infrastructure is unique in the industry. "Our real-time transaction processing sets us apart from others with its cost and quality of service advantages for bill paying and other transaction services that require a high level of security, user authentication, and settlement of funds," Lawlor said. "With the addition of real-time full account access, we offer financial institutions and their customers a comprehensive real-time capability that allows consumers better control of their finances."

Along with its existing real-time account information access via EFT networks, Online Resources' full account access service enables the company to sidestep the batch processing that encumbers most other online banking and bill payment services, according to Dave Stafford, managing director of implementation. "Batch processing can be labor intensive and error prone," Stafford said. "By developing links between core processing systems and our real-time bill payment service, financial institutions can offer their customers a real-time snapshot of all accounts and real-time transaction capabilities among them.

"We intend to expand this model to other processing service bureaus, core processing software companies and EFT networks."

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 over 450 institutional clients nationwide. The company provides consumer bill payment 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 and their retail customers, giving their clients a seamless "hub" solution with a single point of accountability and control.

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.