Online Resources Appoints Vice President Of Banking Payment Services

CHANTILLY, Va., February 6, 2007 –Online Resources Corporation (Nasdaq: ORCC), a leading provider of web-based financial services, today announced that James R. Cahill has been named vice president of Banking Payment Services, which provides the industry’s broadest suite of retail and commercial payment services to large financial institutions.  Mr. Cahill is responsible for business development, client account management and channel partner relationships.

Mr. Cahill joins Online Resources with nearly 20 years of experience in the payments industry, most notably in the credit, charge and prepaid card sectors.  In his more than 15 years at American Express, he served as vice president of the startup stored value card business unit and as vice president of sales operations for the commercial card business.  Mr. Cahill also served as senior vice president of partnership marketing and business development for Fleet Credit Card Services, and as group vice president for the Americas for TravelPort, Inc., one of the world’s largest travel companies.

Mr. Cahill is based in Princeton, New Jersey, and reports to Stephanie Chaufournier, executive vice president and general manager of Online Resources’ Banking Payment Services.  Currently providing end-to-end payment services to more than 10 of the top 50 largest U.S. financial institutions, Banking Payment Services provides retail Internet bill pay, business bill pay, payments concentration, stored value applications, consumer marketing and web-based collections, among other specialized payment services.  

“Jim brings with him a proven record of driving new business growth and maximizing relationships with a diverse set of financial industry clients,” said Chaufournier. “With his strong industry background, Jim will play a key role in the strategic growth of our robust, full service payments business.”

About Online Resources
Online Resources powers web-based financial services for 2600 financial institutions, billers and credit service providers.  Its proprietary suite of account presentation and payment services are branded to its clients, and augmented by marketing services to drive consumer and business end-user adoption.  The Company serves over 8 million end-users and processes $100 billion in bill payments annually.  Founded in 1989, Online Resources (Nasdaq: ORCC; www.orcc.com) is recognized as one of the nation’s fastest growing 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; dependence on the marketing efforts of third parties; potential fluctuations in operating results; ability to make and successfully integrate acquisitions of new businesses; potential need for additional capital; potential inability to prevent systems failures and security breaches; potential inability to expand services and related products in the event of substantial increases in demand; competition; ability to attract and retain skilled personnel; reliance on patents and other intellectual property; exposure to the early stage of market adoption of the services it offers; exposure to the consolidation of the banking and financial services industry; and additional 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
703.653.2248
bhalloran@orcc.com