VA-based Online Resources Corporation reported revenue for the first quarter of $30.8 million, up 85% from the first quarter 2006. Net loss for the quarter was $9.5 million, compared to net income of $800,000 in 1Q/06. On the bank and credit union side of its business, billpay transactions grew 8% sequentially. On the e-commerce side of its business, payment transactions grew 17% sequentially, for an average of 9% total payments growth across the Company. Additionally, unique users of the Company’s services grew 8% sequentially, driven largely by an increase in users of biller-direct payments. During the first quarter the Company completed its debt refinancing and achieved the cost synergies it had targeted from the Princeton acquisition. ORCC serves over 9 million end-users and processes $100 billion in bill payments annually. For complete details on ORCC’s first quarter performance, visit CardData ([www.carddata.com]).