Online Resources' Money HQ^sm Named Innovation Of The Year

MCLEAN, Va., February 10, 2004

Online Resources Corporation (Nasdaq: ORCC), a leading outsourcer of Internet banking and payment services, today announced that Online Banking Report has named Money HQ^sm, the Company's state-of-the-art online personal financial management and transaction center, the 2003 Innovation of the Year. Money HQ, which is currently being launched among Online Resources' 600 plus financial institution clients, was cited for its innovative packaging of several advanced features into a fee-based premium service.

Money HQ leverages Online Resources' patented real-time payments technology and licensed technology from CashEdge, Inc., a leading provider of secure online account aggregation and funds transfer services. The new service, which is tightly integrated within the Company's Quotien^sm Internet Banking and Bill Payment services, features financial account aggregation, account-to-account (A2A) transfers, bill presentment, person-to-person (P2P) payments, and balance and eBill alerts. In addition, consumers have the option to conduct next day inter-bank transfers.

"We are committed to providing new, innovative tools that help differentiate our clients from the competition," stated Matthew P. Lawlor, chairman and chief executive officer of Online Resources. "As Money HQ is just ahead of the consumer adoption curve of remote financial services, we believe it has the power to further solidify our clients' position as their consumers' primary financial institution."

"Money HQ topped our list of 2003 industry developments that provide the best glimpse at the future of online financial services delivery," said Jim Bruene, editor and founder of Online Banking Report. "We believe that with Money HQ, Online Resources has broken new ground in the delivery of account aggregation and related premium services by using an innovative model that could speed adoption."

About Online Banking Report

Online Banking Report is a 100 percent subscriber-supported, widely read financial-services-industry newsletter that features independent research, statistics, and profit-making tactics for Web banking, electronic payments, and Internet lending. Financial Insite independently publishes the monthly newsletter, which has subscribers in 50 countries. For more information, visit www.onlinebankingreport.com.

About Online Resources

Online Resources (Nasdaq: ORCC - www.orcc.com) is an outsourcer of Internet banking and payment services to over 600 financial institutions nationwide. In contrast to other providers, Online Resources owns, operates and drives critical banking, payments and marketing infrastructure that enable a superior customer experience and Internet channel success. The company's services, branded to our financial institution clients, power over 100 million transactions and $8 billion in consumer bill payments annually. Founded in 1989, Online Resources has been widely recognized as one of the nation's fastest growing technology companies.

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.

Media Contact: Beth Halloran,
Director, Corporate Communications
703.394.5248
bhalloran@orcc.com