Online Resources Appoints New Auditor

Online Resources Corporation, a leading provider of Web-based financial services, today announced its Board of Directors has appointed KPMG LLP as the Company’s new independent auditors. KPMG replaces Ernst & Young LLP, which resigned effective March 19, 2007, after completing its audit of the Company’s financial statements for the calendar year ending December 31, 2006. There were no qualifications or reportable disagreements with the Company regarding the audited statements.

“We are very pleased to engage KPMG. Their extensive experience in our industry, including with Princeton eCom prior to us acquiring them, is an excellent match for Online Resources,” said Catherine A. Graham, Online Resources’ executive vice president and chief financial officer. “We would also like to recognize and thank Ernst & Young for their service over the years.” The Company’s 2006 statements were filed in its Form 10-K with the Securities & Exchange Commission on March 16, 2007. The statements for this and prior reported periods contain no adverse opinion or disclaimer of opinion, nor were they qualified or modified as to uncertainty, audit scope or accounting principles. There were no reportable disagreements with Ernst & Young on any accounting principles or practices, financial statement disclosure or auditing scope or procedures.

Effective immediately, KPMG will begin a transition process to assume its audit responsibilities for the 2007 year. To provide ample time for the transition, the Company will release its first quarter 2007 earnings results on May 8, 2007, approximately two weeks later than it is typically scheduled.