Online Resources Announces New Internet Banking Deployment Options

Online Resources Corporation, a leading provider of web-based financial services, today announced it has launched dedicated software Internet banking capabilities that are now fully integrated with its payment, marketing, customer care and other outsourced services. The Dime Savings Bank of Williamsburgh, a $3+ billion asset bank based in New York, has signed a multi-year agreement to convert 13,000 customers to Online Resources? platform for dedicated Internet banking and a host of other services in the first half of 2007.

Online Resources? dedicated software capability provides clients an additional fully integrated deployment option beyond the Company?s traditional ASP (application service provider) offering. Clients may now opt for dedicated software, providing added flexibility and control. Like the ASP offering, Internet banking is seamlessly delivered with Online Resources? bill payment, relationship marketing and other capabilities.

Clients have three choices for deploying Internet banking with Online Resources:

• Advantage ? the Company?s leading ASP service, in which the software is outsourced and shared among clients, providing attractive pricing and state of the art technology;
• Command ? the Company?s dedicated software, customized to each client and hosted by Online Resources, providing additional flexibility without high fixed systems operations costs; and
• Architect – the Company?s dedicated software, operated by the client on its premises, offering greater control and cost advantages for clients with their own data centers.

Dime has selected Command, enabling the bank?s IT staff to customize its online banking service through a set of administrative tools. At the same time, the bank will benefit from Online Resources? bill payment, business banking, risk-based authentication, Money HQ, eStatements, check reorder, ICM marketing and other services.

?Online Resources is the only provider with an array of deployment options that enables us to efficiently draw on the best of our collective resources,? said George Fuller, senior vice president for The Dime Bank. ?This configuration allows our customers to benefit from a highly customized Internet channel with best-in-class services.?

?For financial institutions looking to leverage their technology resources to create the best Internet channel available, we are pleased to offer these new deployment options,? said Matthew P. Lawlor, chairman and chief executive officer for Online Resources. ?We are committed to working with Dime and all of our clients to continually customize their channel services as their institutions evolve, while serving as their single point of technological accountability for web-based services.?