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Online Resources Corp

 
Hoover's Profile: Online Resources Corporation
(NASDAQ (GS):ORCC)
Company Financials
Income Statement
Balance Sheet
Cash Flow Statement

Contact Information
Online Resources Corporation
4795 Meadow Wood Ln., Ste. 300
Chantilly, VA 20151
VA Tel. 703-653-3100
Fax 703-653-3105

Type: Public
On the web: http://www.orcc.com
Employees: 619
Employee growth: (1.1%)

Financial institutions looking for a Web commerce presence can take Online Resources' systems to the bank. The company enables banks and credit unions to offer their account holders online and mobile access to such financial services as remote banking, funds transfer, and electronic bill payment. It also offers e-commerce services to credit card issuers that allow cardholders to access accounts, view transactions, and set up payments. Founded in 1989, Online Resources serves some 2,000 banks, credit unions, card issuers, billers, and other financial institutions in the US, primarily small to midsized providers that lack the capital or expertise to maintain these Web-based services in-house.

Key numbers for fiscal year ending December, 2008:
Sales: $151.6M
One year growth: 12.2%
Net income: $1.9M
Income growth: (82.5%)

Officers:
Chairman and CEO: Matthew P. Lawlor
President and COO: Raymond T. (Ray) Crosier
EVP and CFO: Catherine A. (Cathy) Graham

Competitors:
Fiserv
S1 Corp.
Sybase

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