01.03.2010 14:00:00

IBC Bank Selects Online Resources Internet Bill Payment Solution

Online Resources Corporation (Nasdaq:ORCC), a leading provider of online financial services, today announced that $11.5 billion asset International Bank of Commerce (IBC Bank) has signed a multi-year agreement for the company’s Internet bill payment solution.

Since 2000, IBC Bank has been a client of Online Resources for remittance payment services. The Bank chose to upgrade its bill payment services by converting to Online Resources’ hosted solution, where the bill payment user interface is seamlessly integrated with the Bank’s online banking service.

IBC Bank will implement Online Resources’ recently launched next generation bill payment solution, which integrates usability, marketing and payments best practices to provide a highly consumer-friendly online service. The Internet bill payment solution also includes the company’s expedited payments service for guaranteed, last-minute payments, e-bills and enhanced personal financial management tools.

"When we decided to further invest in our bill payment services, we selected Online Resources’ flexible, innovative solutions and integration capabilities to help us meet the growing needs of our customers,” said Rene Avila, Executive Vice President at IBC Bank. "We are pleased to continue to work with a trusted partner that puts our online channel success first.”

"IBC Bank is building on its history of providing customers a superior online experience by significantly enhancing its bill payment capabilities, which are central to a successful online strategy,” said Sheila Narayan, executive vice president and general manager of Banking Payment Services for Online Resources. "We are pleased to expand our relationship with IBC Bank and look forward to providing their customers with a broader set of bill payment services that are sophisticated yet simple to use.”

About Online Resources

Online Resources (Nasdaq:ORCC) powers financial interactions between millions of consumers and the company’s financial institution and biller clients, including 12 of the top 13 to U.S. retail banks and 13 of the top 20 U.S. card issuers. Backed by its proprietary payments gateway that links banks directly with billers, the company provides web and phone-based financial services, electronic payments and marketing services to drive consumer adoption. Founded in 1989, Online Resources is the largest financial technology provider dedicated to the online channel. For more information, visit www.orcc.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. 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.

JETZT DEVISEN-CFDS MIT BIS ZU HEBEL 30 HANDELN
Handeln Sie Devisen-CFDs mit kleinen Spreads. Mit nur 100 € können Sie mit der Wirkung von 3.000 Euro Kapital handeln.
82% der Kleinanlegerkonten verlieren Geld beim CFD-Handel mit diesem Anbieter. Sie sollten überlegen, ob Sie es sich leisten können, das hohe Risiko einzugehen, Ihr Geld zu verlieren.

Nachrichten zu Online Resources Corp.mehr Nachrichten

Keine Nachrichten verfügbar.

Analysen zu Online Resources Corp.mehr Analysen

Eintrag hinzufügen
Hinweis: Sie möchten dieses Wertpapier günstig handeln? Sparen Sie sich unnötige Gebühren! Bei finanzen.net Brokerage handeln Sie Ihre Wertpapiere für nur 5 Euro Orderprovision* pro Trade? Hier informieren!
Es ist ein Fehler aufgetreten!

Indizes in diesem Artikel

NASDAQ Comp. 19 636,67 -1,15%