Tuesday, May 29, 2012

Oregon Community Credit Union Expands Relationship with Online Resources Corporation (Nasdaq: ORCC)

Oregon Community Credit Union Expands Relationship with Online Resources Corporation (Nasdaq: ORCC)Orlando, FL 5/29/12 (StreetBeat) -- Online Resources Corporation (Nasdaq: ORCC), a leading provider of digital financial services, today announced that Oregon Community Credit Union, the second largest state-chartered credit union in Oregon, has signed a multi-year agreement to extend use of ORCC’s services by implementing the Architect TMDigital Banking solution.

A client of ORCC’s bill pay services since 2006, Oregon Community Credit Union will now implement Architect to offer members a single user experience for their banking and bill pay services. Both solutions integrate seamlessly with the credit union’s FIS MISER® core solution.

“Based on our success with their bill pay solution, selecting ORCC again to further enhance our member’s experience was logical,” said Darrell Stark, chief retail operations officer for Oregon Community Credit Union. “For the past six years, ORCC has supported our efforts to provide members a secure and efficient way to make payments, and as our members’ needs evolve, Architect Digital Banking will allow us to customize our interactions and grow our online and mobile channels.”

ORCC’s Architect solution will enable Oregon Community’s members to not only have a highly-intuitive, personalized user experience, but one that adapts to user behavior and preferences. Oregon Community will also be able to offer their members new advanced functionality for services such as personal financial management, one-to-one marketing and social media integration. With Architect’s extensible platform, Oregon Community CU will have full control to easily add or develop their own new and innovative features as new trends or needs emerge as well as manage new configuration and administration as user adoption increases.

“Oregon Community Credit Union exemplifies a strong commitment to providing exceptional, personalized service, and to do so, it knows that its technology must deliver flexibility and control,” said Eric Labiak, chief sales officer for ORCC. “We’re pleased to continue working with Oregon Community and look forward to helping them grow their membership.”

ORCC’s Architect solution integrates seamlessly with its Advantage banking bill payment solution, where it has been serving community banks and credit unions as an industry leader for more than 15 years. ORCC has connections to core processors and ATM networks that provide real-time access to more than 90 percent of checking accounts in the United States and to the 9,000+ domestic biller endpoints within ORCC’s Biller Endpoint Network.

ORCC Digital Banking and Bill Payment services enable higher electronic rates, faster payment speed and a consistent payment process for its clients and their end users.

About Online Resources Corporation

Online Resources Corporation (ORCC) powers financial interactions between millions of consumers and the company’s financial institution and biller clients. 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, ORCC is the largest financial technology provider dedicated to the online channel. For more information, visit www.orcc.com.

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