CashEdge

Online Resources introduces next generation of Online Financial Management

Mclean, VA - May 06, 2003 —Online Resources Corporation (Nasdaq: ORCC), a leading outsourcer of Internet banking and payment services, today announced Money HQSM, a major enhancement to its QuotienSM suite of e-financial services that provides an integrated set of tools for online personal financial management.

Money HQ transforms a consumer’s standard online banking service into their primary financial information and transaction center. It offers users new ways to transfer funds and execute payments, backed by timely information and alerts aggregated from online accounts held at other financial service provider and biller sites. Money HQ eliminates the necessity for consumers to visit multiple online sites to view information and to make payments by providing the highest degree of information access, control and convenience.

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 tool features financial account aggregation, account-to-account (A2A) transfers, bill presentment, person-to-person (P2P) payments, online account ownership verification, and balance and eBill alerts. In addition, consumers will have the option to conduct next day inter-bank transfers.

Money HQ is the first financial management tool to marry online money movement transactions with account aggregation. Online Resources has tightly integrated Money HQ with its suite of e-financial services, augmented by the Company’s leading consumer marketing and customer care capabilities. For example, consumers can seamlessly make bill payments directly from electronic bills presented through Money HQ.

Beginning in July, Money HQ will be piloted with First Regional Bank and Pinnacle Federal Credit Union, two of Online Resources’ Internet Banking and Bill Payment financial institution clients. The Company also plans to pilot Money HQ with its standalone Internet Bill Payment clients and anticipates general availability in the fourth quarter. Online Resources’ clients will offer the new service to consumers for a modest fee.

“Money HQ will empower our clients to make quantum leaps toward profitability in the Internet channel by satisfying consumers’ financial management needs for convenient, user-friendly tools in a centralized location,” stated Matthew P. Lawlor, Online Resources’ Chairman and CEO. “We are extremely pleased with our partnership with CashEdge. Money HQ is the result of extensive collaboration between our companies, combining the best of our respective technologies to build this exciting new service.”

“Money HQ provides a clean, easy-to-use interface that makes advanced online services readily accessible to consumers,” stated Beth Robertson, a Senior Analyst with the financial services advisory firm, TowerGroup. “The high level of integration in Money HQ will be a driving factor for accelerated adoption.”

Members of the press and analysts are invited to participate in a web cast demonstration of Money HQ by contacting Beth Halloran, Online Resources, at 703.394.5248.

About Online Resources

Online Resources (Nasdaq: ORCC - www.orcc.com) is an outsourcer of Internet banking and payment services to over 500 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 approximately 100 million transactions and $5 billion in consumer bill payments annually. Founded in 1989, Online Resources has been recognized as one of the nation’s fastest growing technology companies.

About CashEdge

CashEdge^® provides innovative, online financial applications to banks, credit unions and wealth management firms. CashEdge's solutions include end-to-end online account opening and funding, funds transfer, small business payments and invoicing, and data consolidation. These proven solutions are flexible, scalable and supported by extensive risk management capabilities.

CashEdge has been ranked by Inc. Magazine as one of the 500 fastest growing private companies in the United States for two years in a row. In 2007 it was also recognized by the 2007 Deloitte Technology Fast 500 and Fast 50 as one of the nation's 500 fastest growing private companies and one of the 50 fastest growing companies in the New York area, respectively. The company currently serves hundreds of leading financial institutions including four of the top five banks, 23 of the top 100 banks, and 20 of the top 100 credit unions. CashEdge has offices in New York, Silicon Valley and India. For more information, please visit www.cashedge.com.

Contact:
Jennifer Moritz
Zer0 to 5ive
917-748-4006
jmoritz@0to5.com

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