| Business Summary | | Online
Resources
Corporation
is
an
Internet
banking,
bill
payment
and
e-finance
application
service
provider
to
financial
institutions.
The
Company
provides
its
clients,
primarily
regional
and
community
banks,
thrifts
and
credit
unions,
with
an
end-to-end
outsourced
service,
which
is
branded
in
their
name.
This
enables
cost-effective
delivery
of
Internet-based
financial
services
to
consumer,
small
business
and
other
retail
customers
of
the
Company's
clients.
By
packaging
its
transaction
services
with
its
call
center,
database,
and
support
services,
the
Company
offers
an
integrated
financial
hub
and
a
single-source
solution
for
its
clients
and
their
retail
customers. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Online
Resources
Corporation
is
a
provider
of
electronic
commerce
services
that
enables
regional
and
community
financial
institutions
to
provide
Internet
and
other
online
banking
services
to
their
retail
customers.
For
the
six
months
ended
6/30/01,
revenues
rose
79%
to
$11.6
million.
Net
loss
before
acct.
change
and
extraordinary
item
fell
39%
to
$6.1
million.
Revenues
reflect
an
increase
in
the
number
of
retail
customers.
Lower
loss
reflects
cost
control
initiatives. | More
from
Market Guide: Significant
Developments |
| | | | FY1999
Compensation | | Pay | Exer | |
| Matthew Lawlor, 52 Chairman
and CEO | $200K | $144K | Raymond Crosier, 44 Pres,
COO | 184K | -- | Carl Blandino, 49 Exec.
VP, CFO | -- | -- | Alex Seltzer, 47 Exec.
VP, CIO | 178K | 1.1M | Ronald Bergamesca, 39 Sr.
VP of Marketing | 140K | -- | Dollar
amounts are as of 31-Dec-1999 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.; "Exer" is the value of options excercised during the fiscal year. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|