Owl Rock Capital Corporation (NYSE:ORCC)

Online Resources Corporation develops and supplies its proprietary Digital Payment Framework to enable ePayment choices between consumers and financial institutions, creditors, and billers in the United States. The company offers Web-based bill payment services, account presentation, and remittance services for financial institution clients; a suite of consumer payment options, including acceptance of payments made by credit card, signature debit card, automated clearing house, PIN-less debit, flexible payment scheduling, convenience payments, bill presentment, and other payment and collection services, as well as Web-based collections support for biller clients; and services that enable credit card clients to schedule either one-time or recurring payments to the provider. It also provides online banking and account presentation services to financial institutions and card issuers. These services provide a set of online capabilities that allow end users to view transaction histories and account balances; review and retrieve current and past statements; transfer funds and balances; initiate or schedule either one-time or recurring payments; access and maintain account information; and perform various self-service administrative functions. In addition, the company offers customer care and consumer marketing services; professional services; and third-party services. Online Resources Corporation has strategic partnership with COCC Inc. to deliver integration between digital banking and other banking services available from community banks and credit unions. The company was founded in 1989 and is headquartered in Chantilly, Virginia. As of February 19, 2013, Online Resources Corp. operates as a subsidiary of ACI Worldwide, Inc.

Last updated March 6, 2013


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