================================================================================

================================================================================


                       SECURITIES AND EXCHANGE COMMISSION

                             WASHINGTON, D.C. 20549

                            ------------------------



                                    FORM 10-Q

                QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d)

                     OF THE SECURITIES EXCHANGE ACT OF 1934

       ------------------------------------------------------------------



     For the Quarter Ended: March 31, 2003 Commission File Number 000-21685



                       INTELIDATA TECHNOLOGIES CORPORATION
             (Exact name of registrant as specified in its charter)

        DELAWARE                                                      54-1820617
    (State of Incorporation)             (I.R.S. Employer Identification Number)

             11600 Sunrise Valley Drive, Suite 100, Reston, VA 20191
                    (Address of Principal Executive Offices)

                                 (703) 259-3000
                         (Registrant's Telephone Number)

Indicate by check mark whether the registrant (1) has filed all reports required
to be filed  by  Section  13 or 15 (d) of the  Securities  Exchange  Act of 1934
during the preceding 12 months (or for such shorter  period that the  registrant
was  required  to file such  reports),  and (2) has been  subject to such filing
requirements for the past 90 days.

Yes     X        No
    ---------        ---

The number of shares of the registrant's  Common Stock  outstanding on March 31,
2003 was approximately 48,996,000.

================================================================================
<PAGE>





                       INTELIDATA TECHNOLOGIES CORPORATION

                          QUARTERLY REPORT ON FORM 10-Q

                                TABLE OF CONTENTS

                                                                            Page
                                                                            ----
PART I - FINANCIAL INFORMATION

   Item 1.  Unaudited Condensed Consolidated Financial Statements

            Condensed Consolidated Balance Sheets

            March 31, 2003 and December 31, 2002 ..............................3

            Condensed Consolidated Statements of Operations

            Three Months Ended March 31, 2003 and 2002 ........................4

            Condensed Consolidated Statement of Changes in Stockholders' Equity

            Three Months Ended March 31, 2003..................................5

            Condensed Consolidated Statements of Cash Flows

            Three Months Ended March 31, 2003 and 2002 ....................... 6

            Notes to Condensed Consolidated Financial Statements ............. 7

   Item 2.  Management's Discussion and Analysis of Financial Condition
            and Results of Operations ........................................11

   Item 3.  Quantitative and Qualitative Disclosures About Market Risk .......16

   Item 4.  Evaluation of Disclosure Controls and Procedures .................16



PART II - OTHER INFORMATION

   Item 6.  Exhibits and Reports on Form 8-K .................................17

   SIGNATURES      ...........................................................17

   CERTIFICATIONS  ...........................................................18

<PAGE>

PART I:       FINANCIAL INFORMATION
-----------------------------------
ITEM 1.       FINANCIAL STATEMENTS
----------------------------------

                       INTELIDATA TECHNOLOGIES CORPORATION
                      CONDENSED CONSOLIDATED BALANCE SHEETS
                      MARCH 31, 2003 AND DECEMBER 31, 2002
                  (in thousands, except share data; unaudited)

<TABLE>
                                                                                          2003            2002
<S>                                                                                 <C>             <C>
                                                                                    --------------  ------------
ASSETS
CURRENT ASSETS

     Cash and cash equivalents                                                      $      5,463    $      5,674
     Accounts receivable, net                                                              3,703           2,974
     Other receivables                                                                       279             309
     Prepaid expenses and other current assets                                               836             802
                                                                                    ------------    ------------
         Total current assets                                                             10,281           9,759

NONCURRENT ASSETS
     Property and equipment, net                                                           2,052           2,554
     Goodwill, net                                                                        26,238          26,238
     Intangibles, net                                                                      5,600           5,780
     Other assets                                                                            175             175
                                                                                    ------------    ------------

TOTAL ASSETS                                                                       $      44,346    $     44,506
                                                                                   =============    ============

LIABILITIES AND STOCKHOLDERS' EQUITY

CURRENT LIABILITIES
     Accounts payable                                                               $      2,435    $      2,081
     Accrued expenses                                                                      2,681           3,458
     Deferred revenues                                                                     1,464           1,673
     Other liabilities                                                                       254             252
     Net liabilities of discontinued operations                                               48              51
                                                                                    ------------    ------------
TOTAL CURRENT LIABILITIES                                                                  6,882           7,515
     Net liabilities of discontinued operations                                              175             200
     Other liabilities                                                                       929             337
                                                                                    ------------    ------------
TOTAL LIABILITIES                                                                          7,986           8,052
                                                                                    ------------    ------------

COMMITMENTS AND CONTINGENCIES

STOCKHOLDERS' EQUITY
     Preferred stock, $0.001 par value; authorized 5,000,000 shares;
        no shares issued and outstanding                                                      --              --
     Common stock, $0.001 par value; authorized 100,000,000 shares;
        issued 49,802,000 shares in 2003 and 49,797,000 shares in 2002;
        outstanding 48,996,000 shares in 2003 and 48,991,000 shares in 2002                   50              50
     Additional paid-in capital                                                          302,833         302,833
     Treasury stock, at cost:  806,000 shares in 2003 and 2002                            (2,473)         (2,473)
     Deferred compensation                                                                  (251)           (304)
     Accumulated deficit                                                                (263,799)       (263,652)
                                                                                    -------------   ------------
TOTAL STOCKHOLDERS' EQUITY                                                                36,360          36,454
                                                                                    ------------    ------------

TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY                                          $     44,346    $     44,506
                                                                                    ============    ============
</TABLE>

     See accompanying notes to condensed consolidated financial statements.

<PAGE>


                       INTELIDATA TECHNOLOGIES CORPORATION
                 CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS
                   THREE MONTHS ENDED MARCH 31, 2003 AND 2002
                (in thousands, except per share data; unaudited)

<TABLE>
                                                                              2003             2002
<S>                                                                      <C>              <C>
                                                                         -------------    --------------
Revenues
      Software                                                           $         343    $          128
      Professional services, recurring and termination fees                      5,282             4,580
                                                                         -------------    --------------
         Total revenues                                                          5,625             4,708
                                                                         -------------    --------------
Cost of revenues
      Software                                                                      --                --
      Professional services and recurring                                        1,934             1,959
                                                                         -------------    --------------
         Total cost of revenues                                                  1,934             1,959
                                                                         -------------    --------------

Gross profit                                                                     3,691             2,749
                                                                         -------------    --------------
Operating expenses
      General and administrative                                                 2,089             2,494
      Sales and marketing                                                          393               850
      Research and development                                                   1,147             2,542
      Amortization of goodwill and intangibles                                     180               180
                                                                         -------------    --------------
         Total operating expenses                                                3,809             6,066
                                                                         -------------    --------------

Operating loss                                                                    (118)           (3,317)
Unrealized gain on Sybase warrants                                                  --               377
Other income (expenses), net                                                       (29)               14
                                                                         --------------   --------------

Loss before income taxes                                                          (147)           (2,926)
Provision for income taxes                                                          --                --
                                                                         -------------    --------------

Loss from continuing operations                                                   (147)           (2,926)
Discontinued operations, net of income taxes                                        --               --
                                                                         -------------    --------------

Net loss                                                                 $        (147)   $       (2,926)
                                                                         =============    ==============

Basic loss per common share

      Loss from continuing operations                                    $       (0.00)   $        (0.06)
      Income (loss) from discontinued operations                                  0.00              0.00
                                                                         -------------    --------------
      Net loss                                                           $       (0.00)   $        (0.06)
                                                                         =============    ==============

Diluted loss per common share

      Loss from continuing operations                                    $       (0.00)   $        (0.06)
      Income (loss) from discontinued operations                                  0.00              0.00
                                                                         -------------    --------------
      Net loss                                                           $       (0.00)   $        (0.06)
                                                                         ==============   ==============

Basic weighted-average common shares outstanding                                48,853            48,494
                                                                         ==============   ==============
Diluted weighted-average common shares outstanding                              48,853            48,494
                                                                         =============    ==============

</TABLE>

     See accompanying notes to condensed consolidated financial statements.


<PAGE>

                       INTELIDATA TECHNOLOGIES CORPORATION
       CONDENSED CONSOLIDATED STATEMENT OF CHANGES IN STOCKHOLDERS' EQUITY

                        THREE MONTHS ENDED MARCH 31, 2003
                            (in thousands; unaudited)
<TABLE>



                                              Common Stock    Additional                Deferred                Compre-
                                     -----------------------    Paid-in     Treasury     Compen-   Accumulated  hensive
                                       Shares       Amount      Capital       Stock      sation      Deficit     Loss       Total
                                     ----------- ----------- ------------ ----------- ----------- ------------ ---------- ----------
<S>                                  <C>         <C>         <C>          <C>         <C>           <C>          <C>          <C>

Balance at January 1, 2003              49,797   $      50   $   302,833  $  (2,473)  $    (304)  $  (263,652)            $  36,454
Issuances of common stock:
   Issuances of restricted stock            10           -            13          -         (13)            -                     -
Cancellations of restricted stock           (5)          -           (13)         -          13             -                     -
Amortization of deferred compensation        -           -             -          -          53             -                    53
Net loss                                     -           -             -          -           -          (147)      (147)      (147)
                                                                                                                 ---------
Comprehensive loss                                                                                               $  (147)
                                                                                                                 =========
                                     ----------- ----------- ------------ ----------- ----------- ------------            ----------

Balance at March 31, 2003               49,802   $      50   $   302,833  $  (2,473)    $  (251)  $  (263,799)            $  36,360
                                     =========== =========== ============ =========== =========== ============            ==========

</TABLE>

   See accompanying notes to condensed consolidated financial statements.

<PAGE>


                       INTELIDATA TECHNOLOGIES CORPORATION
                 CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS
                   THREE MONTHS ENDED MARCH 31, 2003 AND 2002
                            (in thousands; unaudited)
<table>
                                                                                2003                 2002
<S>                                                                        <C>                   <C>
                                                                           --------------         -----------
Cash flows from operating activities

     Loss from continuing operations                                       $      (147)            $   (2,926)
     Adjustments to reconcile loss from continuing operations
         to net cash used in operating activities of continuing operations:
         Unrealized loss (gain) on Sybase warrants                                   9                   (377)
         Amortization of intangibles                                               180                    180
         Depreciation and amortization                                             389                    360
         Deferred compensation expense                                              53                    225
         Loss on disposal of property and equipment                                137                      2
         Changes in certain assets and liabilities:
              Accounts receivable                                                 (729)                 1,776
              Other receivables                                                     30                    304
              Prepaid expenses and other current assets                            (34)                    93
              Accounts payable                                                     354                   (597)
              Accrued expenses                                                    (192)                (1,509)
              Deferred revenues                                                   (209)                  (269)
                                                                           -----------             ----------
                  Net cash used in operating activities of
                  continuing operations                                           (159)                (2,738)
                                                                           -----------             ----------

     Loss from discontinued operations                                              --                     --
     Change in net liabilities of discontinued operations                          (28)                  (167)
                                                                           -----------             ----------
                  Net cash used in operating activities of
                  discontinued operations                                          (28)                  (167)
                                                                           -----------             ----------

                  Net cash used in operating activities                           (187)                (2,905)
                                                                           -----------             ----------

Cash flows from investing activities

     Purchases of property and equipment                                           (24)                  (149)
     Payments for acquisition costs for Home Account                                --                    (50)
                                                                           -----------             ----------
                  Net cash used in investing activities                            (24)                  (199)
                                                                           -----------             ----------

Cash flows from financing activities

     Proceeds from issuance of common stock                                         --                      5
                                                                           -----------             ----------
                  Net cash provided by financing activities                         --                      5
                                                                           -----------             ----------

Decrease in cash and cash equivalents                                             (211)                (3,099)

Cash and cash equivalents, beginning of period                                   5,674                 12,026
                                                                           -----------             ----------
Cash and cash equivalents, end of period                                   $     5,463             $    8,927
                                                                           ===========             ==========

</table>
    See accompanying notes to condensed consolidated financial statements.

<PAGE>


                       INTELIDATA TECHNOLOGIES CORPORATION
              NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS
                   THREE MONTHS ENDED MARCH 31, 2003 AND 2002
                                   (Unaudited)

(1)  Basis of Presentation

     The  condensed  consolidated  balance  sheet  of  InteliData   Technologies
Corporation  ("InteliData"  or the  "Company") as of March 31, 2003, the related
condensed  consolidated  statements of  operations  and cash flows for the three
month  periods  ended  March  31,  2003  and  2002,  and the  related  condensed
consolidated  statement of changes in  stockholders'  equity for the three-month
period ended March 31, 2003  presented in this Form 10-Q are  unaudited.  In the
opinion of management, all adjustments necessary for a fair presentation of such
financial statements have been included. Such adjustments consist only of normal
recurring  items.  The condensed  consolidated  balance sheet as of December 31,
2002 was derived from the  Company's  audited  December 31, 2002 balance  sheet.
Interim  results  are not  necessarily  indicative  of results  for a full year.
Certain  amounts in the prior periods have been  reclassified  to conform to the
current period presentation.

     The condensed  consolidated financial statements and notes are presented as
required by Form 10-Q, and do not contain  certain  information  included in the
Company's  annual  audited  financial  statements  and  notes.  These  financial
statements  should be read in  conjunction  with the  annual  audited  financial
statements  of the Company and the notes  thereto,  together  with  management's
discussion  and  analysis of  financial  condition  and  results of  operations,
contained in the Form 10-K for the fiscal year ended December 31, 2002.

(2)  Summary of Significant Accounting Policies

(a)  Principles of Consolidation - The consolidated financial statements include
the accounts of the Company and its wholly owned  subsidiaries after elimination
of   all   material    intercompany    balances   and   transactions.    Certain
reclassifications  have been  made to the prior  year  financial  statements  to
conform to the 2003 financial statement presentation.

(b)  Accounting   Estimates  -  The  preparation  of  financial   statements  in
conformity with accounting principles generally accepted in the United States of
America  requires  management to make estimates and assumptions  that affect the
reported  amounts of assets and liabilities and disclosure of contingent  assets
and liabilities at the date of the financial statements and the reported amounts
of revenues  and  expenses  during the period.  Estimates  include,  but are not
limited to, an allowance for doubtful  accounts,  an estimated fair value of net
sublease rent, a provision for forward loss and project plans for the completion
and  delivery  of certain  solutions.  Actual  results  could  differ from those
estimates.

(c)  Revenue Recognition - The Company supplies Internet banking and electronic
bill presentment and payment software to financial institutions ("FI's"). The
Company's revenues associated with integrated solutions that bundle software
products with customization, installation and training services are recognized
using the percentage of completion method of accounting based on cost incurred
as compared to estimated costs at completion.

     The Company enters into contracts for its bill payment technology software.
This software does not require  significant  customization.  Upon delivery,  the
Company either recognizes revenue ratably over the contract period for contracts
where  vendor  specific  objective  evidence  ("VSOE")  of fair  value  for post
contract  customer support ("PCS") does not exist or recognizes  revenue in full
where VSOE of fair value for PCS does exist.

     The Company  also  enters  into  multiple  element  arrangements.  Elements
typically include software,  consulting,  implementation  and PCS. PCS contracts
generally  require the  Company to provide  technical  support and  unspecified,
readily available software updates and upgrades to customers.  Revenue for these
multiple element arrangements is recognized when there is persuasive evidence of
an arrangement  and delivery to the customer has occurred,  the fee is fixed and
determinable,  and collectibility is considered  probable.  Advance payments are

<page>

recorded as deferred  revenue  until the  products  are  shipped,  services  are
delivered and all obligations are met. Currently, the Company does not have VSOE
of fair value for some of the elements within its multiple element arrangements.
Therefore,  all revenue under such arrangements is being recognized ratably over
the  term  of the PCS  contract.  Revenue  from  transactional  services,  which
includes  hosting  and  application  services  provider  ("ASP")  services,   is
recognized as transactions are processed.

     Emerging  Issues Task Force Abstract  Issue No. 00-3,  Application of AICPA
Statement  of  Position  97-2 to  Arrangements  that  Include  the  Right to Use
Software Stored on Another Entity's Hardware ("EITF 00-3"), provides guidance in
determining  whether or not the  provisions  of  Statement of Position No. 97-2,
Software  Revenue  Recognition  ("SOP  97-2"),  should  be  applied  to  hosting
arrangements.  The Company has some  contracts  where the customers  operate our
software in an ASP  environment.  The  customer may not take  possession  of the
software without incurring  significant  transition and infrastructure costs, as
well as potential  payments of fees to the Company for the  termination  of such
arrangements.  In cases  where  the  customer  has not  licensed  software  from
InteliData,  the customer must also purchase a license prior to having the right
to use the  software  in its  own  operating  environment,  in  addition  to the
aforementioned fees. In these situations, the Company applies the guidance under
EITF 00-3 and the Staff  Accounting  Bulletin No. 101,  Revenue  Recognition  in
Financial  Statements,  and recognizes the revenue  associated  with the license
and/or implementation fees ratably over the initial term of the contract.

     Additionally,  based on the EITF 00-3 guidance,  the Company concluded that
SOP 97-2  should not be applied to certain of its  contracts  and their  related
revenues  for  license  and  professional  services  were  recognized  under the
percentage of completion  method.  In addition to our  developing and delivering
the solution, the Company is entitled to transaction fees based on the number of
users and  transactions.  These transaction fees are earned based on the monthly
user counts and as transactions are processed.

(d)  Recent   Accounting  Pronouncements  -   In  December  2002,  the Financial
Accounting  Standards  Board ("FASB") issued  Statement of Financial  Accounting
Standard  ("SFAS") No. 148,  Accounting for Stock-Based  Compensation-Transition
and  Disclosure-an  amendment of FAS 123 ("SFAS 148"). SFAS 148 amends SFAS 123,
Accounting  for  Stock-Based  Compensation,  to provide  alternative  methods of
transition for an entity that voluntarily changes to the fair value based method
of  accounting  for  stock-based  employee  compensation.  It  also  amends  the
disclosure  provisions  of SFAS 123 to require  prominent  disclosure  about the
effects on reported net income of an entity's  accounting  policy decisions with
respect to stock-based employee  compensation.  SFAS 148 also amends APB Opinion
No. 28, Interim Financial  Reporting,  to require disclosure about those effects
in interim financial  information.  SFAS 148 is effective for annual and interim
periods  beginning  after  December 15, 2002.  As the Company has elected not to
change to the fair value based method of  accounting  for  stock-based  employee
compensation,  SFAS 148 does not have  any  impact  on our  financial  position,
results of operations or cash flows.

     In June 2002, the FASB issued SFAS No. 146, Accounting for Costs Associated
with  Exit  or  Disposal  Activities  (including  Certain  Costs  Incurred  in a
Restructuring)  ("SFAS 146"), which supersedes  Emerging Issues Task Force Issue
No. 94-3,  Liability  Recognition for Certain Employee  Termination Benefits and
Other Costs to Exit an Activity ("EITF 94-3"). SFAS 146 requires  recognition of
a liability  for costs  associated  with an exit or disposal  activity  when the
liability is incurred, rather than when the entity commits to an exit plan under
EITF  94-3.  The  provisions  of SFAS 146 are  effective  for  exit or  disposal
activities  that are initiated  after  September 30, 2002. As of March 31, 2003,
the  Company  ceased use of certain  office  space in its  corporate  offices in
Reston,  Virginia.  The  remaining  obligation  on this lease was  approximately
$1,090,000  through  December 31, 2006. In accordance with SFAS 146, the Company
estimated the fair value of net sublease rent to be approximately  $465,000 over
the remaining term. Accordingly, the Company recorded an expense of $625,000 and
a  corresponding  liability as of March 31, 2003. As of May 1, 2003, the Company
has a subtenant for this space for the majority of the remaining  lease term and
the actual results of net sublease rent could differ from the above estimates.

(e)  Goodwill  and  Other  Intangible Assets - Statement of Financial Accounting
Standards ("SFAS") No. 141, Business Combinations ("SFAS 141") requires business
combinations  initiated  after  June 30,  2001 to be  accounted  for  using  the
purchase  method  of  accounting,   and  broadens  the  criteria  for  recording
intangible  assets  separate  from  goodwill.  SFAS No. 142,  Goodwill and Other
Intangible  Assets  ("SFAS  142")  requires  the  use  of  an  amortization  and
non-amortization   approach  to  account  for  purchased  goodwill  and  certain
intangibles. Under a non-amortization approach, goodwill and certain intangibles
are not to be  amortized  into  results  of  operations,  but

<page>

instead would be reviewed for impairment and written down and charged to results
of  operations  only in the periods in which the recorded  value of goodwill and
certain   intangibles  is  more  than  its  fair  value.  The  amortization  and
non-amortization  provisions  of SFAS 142 are to be applied to all  goodwill and
intangible assets acquired after June 30, 2001. The provisions of each statement
that apply to goodwill and intangible assets acquired prior to June 30, 2001 was
adopted by the Company on January 1, 2002.  As of January 1, 2002, in accordance
with SFAS 142, the Company ceased recognizing  amortization expense on goodwill.
The goodwill and  intangible  assets  consisted of the following  components (in
thousands):


     As of March 31, 2003:              Goodwill      Intangible        Total
                                        --------      ----------        -----
         Gross carrying amount        $   29,793      $    7,200       $ 36,993
         Accumulated amortization         (3,555)         (1,600)        (5,155)
                                      -----------     -----------      ---------
         Net                          $   26,238      $    5,600       $ 31,838
                                      ===========     ===========      =========



     As of December 31, 2002:           Goodwill      Intangible        Total
                                        --------      ----------        -----
         Gross carrying amount        $   29,793      $    7,200       $ 36,993
         Accumulated amortization         (3,555)         (1,420)        (4,975)
                                      -----------     -----------      ---------
         Net                          $   26,238      $    5,780       $ 32,018
                                      ===========     ===========      =========

     The   estimated   aggregate    amortization    expense   related   to   the
contracts/relationships  intangible  asset for each of the next five years is as
follows (in thousands):

              Year ending December 31:                        Expense
                                                              -------
                  2003                                        $    720
                  2004                                             720
                  2005                                             720
                  2006                                             720
                  2007                                             720

     In  accordance  with SFAS 142, the Company had six months from adoption (up
until June 30, 2002) to complete the initial test for  impairment  as of January
1, 2002,  the  adoption  date of SFAS 142.  In  accordance  with the  transition
provisions  of SFAS  No.  142,  the  Company  conducted  the  first  step of the
impairment  tests as described above. The Company assessed the fair value of its
only reporting unit by considering its projected cash flows,  comparable company
valuations,  and recent  purchase  prices paid for entities within our industry.
Given consideration of these factors,  the Company concluded that the fair value
of the  reporting  unit  exceeded  the  carrying  amount of its net assets.  The
Company is required to perform  reviews for  impairment  in future  periods,  at
least  annually,  that may  result in  future  periodic  write-downs.  Tests for
impairment between annual tests may be required if events occur or circumstances
change that would more likely than not reduce the fair value of the net carrying
amount.  As of March  31,  2003,  the  Company  is not  aware of such  events or
circumstances  that could indicate  potential  impairment.  The  amortization of
certain  intangibles  continued  at an  annualized  rate  of  $720,000  for  the
three-month periods ended March 31, 2003 and 2002.

(3)  Discontinued Operations

     As of March 31, 2003,  the net  liabilities of  discontinued  operations of
$223,000  relate  to  the  telecommunications  divisions.  This  relates  to the
potential  environmental  clean  up  associated  with  InteliData's  former  New
Milford, Connecticut property. In January 2000, InteliData sold the New Milford,
Connecticut building, its only remaining asset in discontinued operations of the
telecommunications  division.  In the context of this sale, InteliData agreed to
undertake  limited  remediation of the site in accordance with applicable  state
law. The subject site is not a federal or state  Superfund  site and  InteliData
has  not  been  named  a  "potentially  responsible  party"  at  the  site.  The
remediation  plan  agreed  to  with  the  purchaser  allows  InteliData  to  use
engineering and institutional controls (e.g., deed restrictions) to minimize the
extent  and costs of the  remediation.  Further,  at the time of the sale of the
facility,   InteliData   established  a  $200,000  escrow  account  for  certain
investigation/remediation  costs.  As of March 31,  2003,  this  escrow  account
balance remained at $200,000.  Moreover,  InteliData has obtained  environmental
insurance to pay for remediation  costs up to $6,600,000 in excess

<page>

of a retained  exposure  limit of $600,000.  InteliData  estimates its remaining
liability  related to this matter and other costs to be  approximately  $223,000
and has recorded a liability for this amount.

     The Company has engaged a legal firm and an  environmental  specialist firm
to  represent  InteliData  regarding  this  matter.  The timing of the  ultimate
resolution  of this matter is estimated to be from three to five years under the
Company's  proposed  compliance plan,  which involves a natural  attenuation and
periodic compliance  monitoring  approach.  Management does not believe that the
resolution  of this matter will  likely  have a material  adverse  effect on the
Company's financial condition or results of operations.

                                   * * * * * *


<PAGE>


ITEM 2:        MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL
----------------------------------------------------------------
               CONDITION AND RESULTS OF OPERATIONS
               -----------------------------------

Critical Accounting Policies

     We consider the following  accounting  policies to be the most important to
our  financial  position and results of  operations or are policies that require
the exercise of significant judgment and/or estimates.

     Revenue  Recognition - We consider our revenue  recognition policy critical
to the understanding of our business  operations and results of operations.  The
Company  supplies  Internet  banking and electronic bill presentment and payment
software to FI's. The Company's  revenues  associated with integrated  solutions
that bundle  software  products with  customization,  installation  and training
services are recognized using the percentage of completion method of accounting.

     The Company's bill payment technology software does not require significant
customization. Upon delivery, the Company either recognizes revenue ratably over
the contract  period for  contracts  where vendor  specific  objective  evidence
("VSOE") of fair value for post contract customer support ("PCS") does not exist
or recognizes revenue in full where VSOE of fair value for PCS does exist.

     The Company enters into multiple element  arrangements.  Elements typically
include software,  consulting,  implementation and PCS. PCS contracts  generally
require  the  Company to  provide  technical  support  and  unspecified  readily
available software updates and upgrades to customers. Revenue for these multiple
element  arrangements  is  recognized  when there is  persuasive  evidence of an
arrangement  and  delivery to the customer  has  occurred,  the fee is fixed and
determinable,  and collectibility is considered  probable.  Advance payments are
recorded as deferred  revenue  until the  products  are  shipped,  services  are
delivered and all obligations are met. Currently, the Company does not have VSOE
of fair value for some of the elements within its multiple element arrangements.
Therefore,  all revenue under such arrangements is being recognized ratably over
the  term  of the PCS  contract.  Revenue  from  transactional  services,  which
includes  hosting  and  application  services  provider  ("ASP")  services,   is
recognized as transactions are processed.

     Emerging  Issues Task Force Abstract  Issue No. 00-3,  Application of AICPA
Statement  of  Position  97-2 to  Arrangements  that  Include  the  Right to Use
Software Stored on Another Entity's Hardware ("EITF 00-3"), provides guidance in
determining  whether or not the  provisions  of  Statement of Position No. 97-2,
Software  Revenue  Recognition  ("SOP  97-2"),  should  be  applied  to  hosting
arrangements.  The Company has some  contracts  where the customers  operate our
software in an ASP  environment.  The  customer may not take  possession  of the
software without incurring  significant  transition and infrastructure costs, as
well as potential  payments of fees to the Company for the  termination  of such
arrangements.  In cases  where  the  customer  has not  licensed  software  from
InteliData,  the customer must also purchase a license prior to having the right
to use the  software  in its  own  operating  environment,  in  addition  to the
aforementioned fees. In these situations, the Company applies the guidance under
EITF 00-3 and the Staff  Accounting  Bulletin No. 101,  Revenue  Recognition  in
Financial  Statements,  and recognizes the revenue  associated  with the license
and/or implementation fees ratably over the initial term of the contract.

     Additionally,  based on the EITF 00-3 guidance,  the Company concluded that
SOP 97-2  should not be applied to certain of its  contracts  and their  related
revenue  for  license  and  professional  services  were  recognized  under  the
percentage of completion  method.  In addition to our  developing and delivering
the solution, the Company is entitled to transaction fees based on the number of
users and  transactions.  These transaction fees are earned based on the monthly
user counts and as transactions are processed.

     Estimates  at  Completion  -  Revenues  related  to some  of the  Company's
contracts  are  recognized   using  the  percentage  of  completion   method  of
accounting,   which  requires  that  we  make  estimates  and  judgments  as  to
anticipated  project  scope,  timing and costs to  complete  the  projects.  The
completion  of certain  development  efforts  are  critical  for the  Company to
perform on certain  contracts.  Delays in product  implementation or new product
development at customer locations and product defects or errors could affect our
estimates  and  judgments.

<page>

Additionally,  we may  experience  delays  when  implementing  our  products  at
customer locations, and customers may be unable to implement our products in the
time  frames  and with the  functionalities  that they  expect or  require.  The
accuracy of these estimates and judgments could affect our business,  operations
and financial condition.

     Allowance  for  Doubtful  Accounts -  Determination  of our  allowance  for
doubtful accounts requires  significant  estimates.  Financial  instruments that
potentially  subject  the Company to credit risk  consist  principally  of trade
receivables.  The Company  sells its  products  primarily  to FI's in the United
States.  The Company believes that the concentration of credit risk in its trade
receivables  is  substantially   mitigated  by  the  Company's  on-going  credit
evaluation  process  and the  financial  position  of the FI's  that are  highly
regulated. The Company does not generally require collateral from customers. The
Company  establishes  an  allowance  for  doubtful  accounts  based upon factors
surrounding the credit risk of specific  customers,  historical trends and other
information.

     A number of factors are considered in establishing the allowance, including
historical collection experience, the macro-economic  environment,  estimates of
forecasted  write-offs,  the aging of the  accounts  receivable  portfolio,  and
others.  If  the  financial  condition  of  our  accounts  receivable  portfolio
deteriorates, additional allowances would be required.

     Valuation of Long-Lived  Assets - On an annual basis, we review  long-lived
assets such as  identifiable  intangibles  and goodwill for impairment  whenever
events or changes in circumstances  indicate that the carrying amount may not be
recoverable.  This review  requires  us to make  estimates  of our  undiscounted
future cash flows in order to determine if our  long-lived  assets are impaired.
If the total of the  expected  undiscounted  future  cash flows is less than the
carrying  amount  of the  assets,  we are  required  to  make  estimates  of our
discounted  future cash flows in order to  calculate  a loss for the  difference
between the fair value and  carrying  value of the assets.  We make  significant
assumptions and estimates in this process  regarding matters that are inherently
uncertain,  such as  calculating  remaining  useful lives and assuming  discount
rates.  The resulting  cash flows are computed over an extended  period of time,
which  subjects  those  assumptions  and  estimates to an even larger  degree of
uncertainty.  When known and available, we also use comparable values of similar
businesses in corroborating the results from the discounted cash flows approach.
This  process  involves  making  estimates  about  matters  that are  inherently
uncertain.  Reviews for  impairment  between  annual  reviews may be required if
events occur or circumstances  change that would more likely than not reduce the
fair value of the net carrying  amount.  While we believe that our estimates are
reasonable,  different  assumptions  regarding such cash flows could  materially
affect our valuation.

     Depreciation  of  Fixed  Assets  -  The  Company's  business  requires  our
investment in office and computer  equipment to facilitate  certain research and
development  activities  and to support the operations in serving our customers.
We record these assets that in management's  opinion,  extend the useful life of
the underlying  asset,  at cost and  depreciate the assets over their  estimated
useful lives. We  periodically  reassess the economic life of these elements and
make  adjustments  to  these  useful  lives  using,  among  others,   historical
experience,  capacity  requirements,  and  assessments of new product and market
demands.  When these factors  indicate certain elements may not be useful for as
long as  anticipated,  we depreciate the remaining book value over the remaining
useful life.  Further,  the timing and deployment of any new technologies  could
affect the estimated lives of our assets,  which could have significant  impacts
on results of operations in the future.

     Recent  Accounting   Pronouncements  -  In  December  2002,  the  Financial
Accounting  Standards  Board ("FASB") issued  Statement of Financial  Accounting
Standard  ("SFAS") No. 148,  Accounting for Stock-Based  Compensation-Transition
and  Disclosure-an  amendment of FAS 123 ("SFAS 148"). SFAS 148 amends SFAS 123,
Accounting  for  Stock-Based  Compensation,  to provide  alternative  methods of
transition for an entity that voluntarily changes to the fair value based method
of  accounting  for  stock-based  employee  compensation.  It  also  amends  the
disclosure  provisions  of SFAS 123 to require  prominent  disclosure  about the
effects on reported net income of an entity's  accounting  policy decisions with
respect to stock-based employee  compensation.  SFAS 148 also amends APB Opinion
No. 28, Interim Financial  Reporting,  to require disclosure about those effects
in interim financial  information.  SFAS 148 is effective for annual and interim
periods  beginning  after  December 15, 2002.  As the Company has elected not to
change to the fair value based method of  accounting  for  stock-based  employee
compensation,  SFAS 148 does not have  any  impact  on our  financial  position,
results of operations or cash flows.
<page>

     In June 2002, the FASB issued SFAS No. 146, Accounting for Costs Associated
with  Exit  or  Disposal  Activities  (including  Certain  Costs  Incurred  in a
Restructuring)  ("SFAS 146"), which supersedes  Emerging Issues Task Force Issue
No. 94-3,  Liability  Recognition for Certain Employee  Termination Benefits and
Other Costs to Exit an Activity ("EITF 94-3"). SFAS 146 requires  recognition of
a liability  for costs  associated  with an exit or disposal  activity  when the
liability is incurred, rather than when the entity commits to an exit plan under
EITF  94-3.  The  provisions  of SFAS 146 are  effective  for  exit or  disposal
activities  that are initiated  after  September 30, 2002. As of March 31, 2003,
the  Company  ceased use of certain  office  space in its  corporate  offices in
Reston,  Virginia.  The  remaining  obligation  on this lease was  approximately
$1,090,000  through  December 31, 2006. In accordance with SFAS 146, the Company
estimated the fair value of net sublease rent to be approximately  $465,000 over
the remaining term. Accordingly, the Company recorded an expense of $625,000 and
a  corresponding  liability as of March 31, 2003. As of May 1, 2003, the Company
has a subtenant for this space for the majority of the remaining  lease term and
the actual results of net sublease rent could differ from the above estimates.

Results of Operations for the Three Months Ended March 31, 2003 and 2002

     The  following   represents   the  results  of  operations  for  InteliData
Technologies  Corporation  for the three  months  ended March 31, 2003 and 2002.
Such  information  should  be read in  conjunction  with the  interim  financial
statements and the notes thereto in Part I, Item 1 of this Quarterly Report.

Revenues

     The Company's  first quarter  revenues were  $5,625,000 in 2003 compared to
$4,708,000  in 2002,  an increase of  $917,000.  The increase was a result of an
increase in professional  services,  recurring and termination  fees of $702,000
and an increase in software  revenues of $215,000.  During the first  quarter of
2003,  the Company  generated  $343,000 of software  revenues and  $5,282,000 of
professional services,  recurring and termination fees. During the first quarter
of 2002,  software revenues were $128,000 and professional  services,  recurring
and termination fees were $4,580,000.

         The increase in professional services, recurring and termination fees
from the first quarter of 2002 to the first quarter of 2003 was primarily due to
increases in the Company's recurring revenue from fees associated with its
application services provider ("ASP") operations and increases in the
professional services rates. The increase in software revenues from the first
quarter of 2002 to the first quarter of 2003 was primarily due to the timing of
system deliveries and an increase in software license sales.

Cost of Revenues and Gross Profit

     The Company's cost of revenues decreased $25,000 to $1,934,000 in the first
quarter of 2003 from  $1,959,000 in the first quarter in 2002.  The decrease was
due  to  a  decrease  in  service   provider   costs   resulting  from  contract
renegotiations.

     Overall gross profit margins increased to 66% for the first quarter of 2003
from 58% for the first quarter of 2002.  The increase in gross profit margin was
attributable  to  increases  in  recurring  revenue,   software  revenues,   and
professional  services  revenue from legacy clients coupled with the decrease in
cost of revenues as discussed above.  The Company  anticipates that gross profit
margins  may  fluctuate  in the  future  due  to  changes  in  product  mix  and
distribution,  outsourcing  activities  associated  with an ASP business  model,
competitive pricing pressure,  the introduction of new products,  and changes in
volume.

General and Administrative

     General and administrative expenses decreased $405,000 to $2,089,000 in the
first quarter of 2003 from $2,494,000 in the first quarter of 2002. The decrease
was  primarily   attributable  to  the  Company's  reduction  of  corporate  and
administrative  expenses that resulted from the continued evaluation of on-going
cost  structures.  The Company  plans to  continually  assess its  operations to
manage its expenses and infrastructures in light of anticipated business levels.


<PAGE>


Sales and Marketing

     Sales and marketing  expenses  decreased  $457,000 to $393,000 in the first
quarter of 2003 from $850,000 in the first  quarter of 2002.  This was primarily
attributable to decreases in the number of selling and marketing employees,  and
travel and outside  professional  consulting  expenses  that  resulted  from the
continued  evaluation  of  on-going  cost  structures.   The  Company  plans  to
continually assess its operations to manage its expenses and  infrastructures in
light of anticipated business levels.

Research and Development

     Research and development  costs  decreased  $1,395,000 to $1,147,000 in the
first quarter of 2003 from $2,542,000 in the first quarter of 2002. The decrease
was  primarily   attributable  to  the  Company's   reduction  of  research  and
development  expenses that  resulted  from the continued  evaluation of on-going
cost structures.  The Company incurs research and development expenses primarily
in  developing  the  next  generation,   open  standards-based   InteliWorks(TM)
Enterprise  Payment  Solution.  The  Company  plans to  continually  assess  its
operations to manage its expenses and  infrastructures  in light of  anticipated
business levels.

Amortization of Goodwill and Intangibles

     Statement of Financial  Accounting  Standards  No. 142,  Goodwill and Other
Intangible  Assets ("SFAS 142"),  requires the Company to not amortize  goodwill
and certain  intangibles  into  results of  operations,  but instead the Company
would review these assets for  impairment.  The assets would be written down and
impairment  losses would be charged to results of operations only in the periods
in which the recorded  values are  determined to be more than their fair values.
As of  January  1,  2002,  in  accordance  with SFAS  142,  the  Company  ceased
recognizing  amortization  expense  on  goodwill.  The  amortization  of certain
intangibles continues at an annualized rate of $720,000 for 2003 and 2002.

     In  accordance  with SFAS 142, the Company had six months from adoption (up
until June 30, 2002) to complete the initial test for  impairment  as of January
1, 2002,  the  adoption  date of SFAS 142.  In  accordance  with the  transition
provisions  of SFAS  No.  142,  the  Company  conducted  the  first  step of the
impairment tests. The Company assessed the fair value of its only reporting unit
by considering  its projected cash flows,  comparable  company  valuations,  and
recent   purchase   prices  paid  for  entities   within  our  industry.   Given
consideration of these factors, the Company concluded that the fair value of the
reporting  unit exceeded the carrying  amount of its net assets.  The Company is
required to perform reviews for impairment in future periods, at least annually,
that may result in future  periodic  write-downs.  Tests for impairment  between
annual tests may be required if events occur or circumstances  change that would
more likely  than not reduce the fair value of the net  carrying  amount.  As of
March 31, 2003,  the Company is not aware of such events or  circumstances  that
could indicate potential impairment.

Unrealized Gains on Investments

     As part of the January 20, 2000 merger between Home Financial Network, Inc.
("HFN") and Sybase, Inc. ("Sybase"),  InteliData received certain  consideration
in exchange for its approximate  25% ownership  interest in HFN. As part of this
consideration,  the Company  received  640,000  "warrant units" with an exercise
price of $2.60 per warrant unit. Upon exercise of each warrant unit, the Company
was  entitled to receive  $1.153448 in cash and 0.34794  share of Sybase  common
stock.

     Statement  of  Financial  Accounting  Standards  No.  133,  Accounting  for
Derivative   Instruments  and  Hedging  Activities  ("SFAS  133"),   establishes
accounting and reporting  standards for derivative  instruments  and for hedging
activities by requiring that  derivatives be recognized in the balance sheet and
measured at fair value. The Company accounted for its investment in the warrants
to purchase Sybase common stock under SFAS 133.

     SFAS 133 requires that derivative  financial  instruments,  such as forward
currency exchange  contracts,  interest rate swaps and the Company's warrants to
purchase Sybase stock, be recognized in the financial statements and measured at
fair value regardless of the purpose or intent for holding them.  Changes in the
fair  value  of

<page>

derivative financial instruments are either recognized periodically in income or
shareholders'  equity (as a component  of  comprehensive  income),  depending on
whether  the  derivative  is being  used to hedge  changes in fair value or cash
flows. In accordance  with SFAS 133, the Company  recorded an unrealized gain on
investment  of $0 and $377,000 in the  statements  of  operations  for the three
months  ended  March 31,  2003 and 2002,  respectively.  During  June 2002,  the
Company  exercised all of its 640,000  warrants units to purchase  Sybase common
stock and sold the resulting 223,000 shares of Sybase common stock.

Other Income

     Other  income  (expense),  primarily  interest  income  and other  expenses
including  state and local  taxes,  decreased  $43,000 to ($29,000) in the first
quarter of 2003 from  $14,000  in the first  quarter of 2002.  The  decrease  is
primarily associated with decreased levels of cash and cash equivalents in 2003,
as compared to 2002, which resulted in lower interest income.

Weighted-Average Common Shares Outstanding and Basic and Diluted Loss Per Common
Share

     The  basic  and  diluted   weighted-average   common  shares  increased  to
48,853,000  for the first quarter of 2003  compared to 48,494,000  for the first
quarter of 2002.  The  increase  resulted  primarily  from the issuance of stock
pursuant to the  exercises of stock  options,  stock awards and stock  purchases
under the Employee Stock Purchase Plan.

     Losses from  continuing  operations  were $147,000 and  $2,926,000  for the
three-month periods ended March 31, 2003 and 2002, respectively, while there was
no gain or loss from discontinued  operations in either period.  Net losses were
$147,000  and  $2,926,000  for 2003 and 2002,  respectively.  As a result of the
foregoing,  basic and diluted net loss per common  share was $0.00 for the first
quarter of 2003  compared to a basic and  diluted  net loss per common  share of
$0.06 for the first quarter of 2002.

Liquidity and Capital Resources

     During  the  first  three  months  of  2003,  the  Company's  cash and cash
equivalents decreased by $211,000. At March 31, 2003, the Company had $5,463,000
in cash and cash  equivalents,  $3,399,000 of working  capital with no long-term
debt, and $36,360,000 in stockholders' equity. The Company's principal needs for
cash in the first three months of 2003 were for funding  operating  losses.  The
Company funded increases in accounts receivable of $729,000 for the three months
ended  March 31,  2003,  which was  partially  offset by a increase  in accounts
payable of $354,000 for the same period.

     The Company's cash requirements for operating activities in the first three
months of 2003 were financed primarily by cash and cash equivalents on hand.

     Net cash used in investing activities in the first three months of 2003 was
$24,000 for the purchases of property and equipment.

     There were no financing activities in the first three months of 2003.

     Through the remainder of 2003, the Company expects its operating  losses to
continue  declining  based on  increases  in revenues  due to  increases  in the
adoption rates and penetration rates of Internet banking, Card Solutions(TM) and
EBPP Solutions, and based on our periodic rationalization of headcount and other
expenses in light of our available capital and anticipated business projections.
Based on the Company's  current capital levels and its assumptions  about future
operating results,  the Company believes that it will have sufficient  resources
to fund existing operating plans.  However,  if actual results differ materially
from current assumptions,  the Company may not have sufficient capital resources
and may have to modify operating plans and/or seek additional capital resources.
If the Company engages in efforts to obtain additional  capital,  it can make no
assurances  that  these  efforts  will be  successful  or that the terms of such
funding would be beneficial to the common stockholders.

<page>

Cautionary Statement for Purposes of the "Safe Harbor" Provisions of the Private
Securities Litigation Reform Act of 1995

     The  information   contained  in  this  report   includes   forward-looking
statements,  the  realization of which may be impacted by the factors  discussed
below.  The  forward-looking  statements  are made  pursuant  to the safe harbor
provisions of the Private Securities  Litigation Reform Act of 1995 (the "Act").
This report contains  forward  looking  statements that are subject to risks and
uncertainties,  including,  but not limited to, our ability to continue  funding
operating  losses,  our ability to manage our expenses in line with  anticipated
business levels, the ability of the Company to complete product  implementations
in required  time frames and the  Company's  ability to increase  its  recurring
revenues and profits through its ASP business  model,  the impact of competitive
products,  pricing pressure, product demand and market acceptance risks, pace of
consumer  acceptance of home banking and reliance on the Company's  bank clients
to increase usage of Internet banking by their customers,  the effect of general
economic   conditions  on  the   financial   services   industry,   mergers  and
acquisitions,  risk of integration of the Company's technology by large software
companies,   the  ability  of  financial   institution  customers  to  implement
applications  in the anticipated  time frames or with the anticipated  features,
functionality  or  benefits,  reliance  on key  strategic  alliances  and  newly
emerging technologies,  the ability of the Company to leverage its relationships
with third  parties,  the on-going  viability of the mainframe  marketplace  and
demand for traditional mainframe products, the ability to attract and retain key
employees,  the availability of cash for long-term growth, product obsolescence,
ability to reduce product costs,  fluctuations in operating  results,  delays in
development  of highly  complex  products and other risks  detailed from time to
time  in  InteliData  filings  with  the  Securities  and  Exchange  Commission,
including the risk factors  disclosed in the Company's  Form 10-K for the fiscal
year ended  December  31,  2002.  These risks could cause the  Company's  actual
results for 2003 and beyond to differ  materially  from those  expressed  in any
forward-looking  statements made by, or on behalf of, InteliData.  The foregoing
list of factors  should  not be  construed  as  exhaustive  or as any  admission
regarding  the  adequacy of  disclosures  made by the Company  prior to the date
hereof or the effectiveness of said Act.  InteliData is not under any obligation
(and expressly  disclaims an obligation) to update or alter its  forward-looking
statements, whether as a result of new information or otherwise.

                                   * * * * * *


ITEM 3.  QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK
-------------------------------------------------------------------

     The Company currently has no long-term debt and is not currently engaged in
any transactions that involve foreign  currency.  The Company does not engage in
hedging activities.

ITEM 4.  EVALUATION OF DISCLOSURE CONTROLS AND PROCEDURES
---------------------------------------------------------

(a)  EVALUATION OF DISCLOSURE CONTROLS AND PROCEDURES

     The Company's chief executive  officer and chief financial  officer,  after
evaluating  the  effectiveness  of  the  Company's   "disclosure   controls  and
procedures"  (as defined in the Securities  Exchange Act of 1934 Rules 13a-14(c)
and  15-d-14(c))  as of a date  ("Evaluation  Date")  within 90 days  before the
filing of this quarterly report,  have concluded that as of the Evaluation Date,
the Company's  disclosure  controls and procedures were adequate and designed to
ensure that material  information  relating to the Company and its  consolidated
subsidiaries would be made known to them by others within those entities.

(b)  CHANGE IN INTERNAL CONTROLS

     There  were no  significant  changes  in our  internal  controls  or to our
knowledge,  in other  factors  that could  significantly  affect our  disclosure
controls and procedures subsequent to the Evaluation Date.


<PAGE>


PART II: OTHER INFORMATION
--------------------------
ITEM 6.  EXHIBITS AND REPORTS ON FORM 8-K
-----------------------------------------

(a)  EXHIBITS

     10.5.4  Third  Amendment  to  Employment   Agreement   between   InteliData
             Technologies Corporation and Alfred S. Dominick, Jr., dated   April
             2, 2003.

     10.5.5  Change  In   Control   Severance   Agreement   between   InteliData
             Technologies   Corporation  and  Alfred   S.  Dominick, Jr.,  dated
             February 3, 2003.

     10.6.1  Change  In   Control   Severance   Agreement   between   InteliData
             Technologies Corporation and Albert N. Wergley,  dated  February 3,
             2003.

     10.7.1  Change  In   Control   Severance   Agreement   between   InteliData
             Technologies Corporation and Michael E. Jennings, dated February 3,
             2003.

     10.9.1  Change  In   Control   Severance   Agreement   between   InteliData
             Technologies   Corporation  and  John R. Polchin, dated February 3,
             2003.

(b)  REPORTS ON FORM 8-K

     The  Company  filed a Current  Report on Form 8-K with the  Securities  and
Exchange  Commission  on January 23,  2003,  relating to the receipt of a notice
from NASDAQ  dated  January  22,  2003,  that  indicated  the  Company  regained
compliance with Marketplace Rule 4450(a)(5),  which requires listed companies to
maintain a minimum bid price of $1.00 per share or greater.

                                   SIGNATURES

     Pursuant to the  requirements of the Securities Act of 1934, the registrant
has duly  caused  this  report to be signed  on its  behalf by the  undersigned,
thereunto duly authorized on May 15, 2003.

                                 INTELIDATA TECHNOLOGIES CORPORATION

                                 By:    /s/ Alfred S. Dominick, Jr.
                                       -----------------------------------------
                                       Alfred S. Dominick, Jr.
                                       Chairman and Chief Executive Officer


                                        /s/ John R. Polchin
                                       -----------------------------------------
                                       John R. Polchin
                                       Vice President, Chief Financial Officer,
                                       and Treasurer
<PAGE>

                            CERTIFICATION PURSUANT TO
               RULE 13A-14 OF THE SECURITIES EXCHANGE ACT OF 1934,
                             AS ADOPTED PURSUANT TO
                  SECTION 302 OF THE SARBANES-OXLEY ACT OF 2002

I, Alfred S. Dominick, Jr., Chairman and Chief Executive Officer of the Company,
certify that:

1.   I  have  reviewed  this  quarterly   report  on  Form  10-Q  of  InteliData
Technologies Corporation (the "registrant");

2.   Based on my knowledge,  this  quarterly  report does not contain any untrue
statement of a material fact or omit to state a material fact  necessary to make
the statements made, in light of the  circumstances  under which such statements
were made, not  misleading  with respect to the period covered by this quarterly
report;

3.   Based on my  knowledge,  the  financial  statements,  and  other  financial
information  included in this quarterly  report,  fairly present in all material
respects the financial  condition,  results of operations  and cash flows of the
registrant as of, and for, the periods presented in this quarterly report;

4.   The  registrant's  other  certifying  officer  and  I are  responsible  for
establishing  and maintaining disclosure  controls and procedures (as defined in
Exchange Act Rules 13a-14 and 15d-14) for the registrant and we have:

(a)  designed such  disclosure  controls and  procedures to ensure that material
     information   relating  to  the  registrant,   including  its  consolidated
     subsidiaries,  is  made  known  to  us by  others  within  those  entities,
     particularly  during  the period in which  this  quarterly  report is being
     prepared;

(b)  evaluated the  effectiveness  of the registrant's  disclosure  controls and
     procedures  as of a date  within 90 days prior to the  filing  date of this
     quarterly report (the "Evaluation Date"); and

(c)  presented in this quarterly report our conclusions  about the effectiveness
     of the disclosure controls and procedures based on our evaluation as of the
     Evaluation Date;

5.   The registrant's other certifying  officers and I have disclosed,  based on
our most recent evaluation, to the registrant's auditors and the audit committee
of  registrant's  board of  directors  (or  persons  performing  the  equivalent
function):

(a)  all  significant  deficiencies  in the  design  or  operation  of  internal
     controls which could adversely affect the  registrant's  ability to record,
     process,  summarize and report  financial data and have  identified for the
     registrant's auditors any material weaknesses in internal controls; and

(b)  any fraud,  whether or not  material,  that  involves  management  or other
     employees  who  have  a  significant  role  in  the  registrant's  internal
     controls; and

6.   The  registrant's  other  certifying  officers and I have  indicated in the
quarterly  report  whether or not there  were  significant  changes in  internal
controls or in other factors that could  significantly  affect internal controls
subsequent to the date of our most recent  evaluation,  including any corrective
actions with regard to significant deficiencies and material weaknesses.

Date:  May 15, 2003                   By:  /s/ Alfred S. Dominick, Jr.
                                          ---------------------------
                                          Alfred S. Dominick, Jr.
                                          Chairman and Chief Executive Officer


<PAGE>






                            CERTIFICATION PURSUANT TO
               RULE 13A-14 OF THE SECURITIES EXCHANGE ACT OF 1934,
                             AS ADOPTED PURSUANT TO
                  SECTION 302 OF THE SARBANES-OXLEY ACT OF 2002

I, John R. Polchin, Vice-President, Chief Financial Officer and Treasurer of the
Company, certify that:

1.   I  have  reviewed  this  quarterly   report  on  Form  10-Q  of  InteliData
Technologies Corporation (the "registrant");

2.   Based on my knowledge,  this  quarterly  report does not contain any untrue
statement of a material fact or omit to state a material fact  necessary to make
the statements made, in light of the  circumstances  under which such statements
were made, not  misleading  with respect to the period covered by this quarterly
report;

3.   Based on my  knowledge,  the  financial  statements,  and  other  financial
information  included in this quarterly  report,  fairly present in all material
respects the financial  condition,  results of operations  and cash flows of the
registrant as of, and for, the periods presented in this quarterly report;

4.   The  registrant's  other  certifying  officer  and  I are  responsible  for
establishing and maintaining  disclosure  controls and procedures (as defined in
Exchange Act Rules 13a-14 and 15d-14) for the registrant and we have:

(a)  designed such  disclosure  controls and  procedures to ensure that material
     information   relating  to  the  registrant,   including  its  consolidated
     subsidiaries,  is  made  known  to  us by  others  within  those  entities,
     particularly  during  the period in which  this  quarterly  report is being
     prepared;

(b)  evaluated the  effectiveness  of the registrant's  disclosure  controls and
     procedures  as of a date  within 90 days prior to the  filing  date of this
     quarterly report (the "Evaluation Date"); and

(c)  presented in this quarterly report our conclusions  about the effectiveness
     of the disclosure controls and procedures based on our evaluation as of the
     Evaluation Date;

5.   The registrant's other certifying  officers and I have disclosed,  based on
our most recent evaluation, to the registrant's auditors and the audit committee
of  registrant's  board of  directors  (or  persons  performing  the  equivalent
function):

(a)  all  significant  deficiencies  in the  design  or  operation  of  internal
     controls which could adversely affect the  registrant's  ability to record,
     process,  summarize and report  financial data and have  identified for the
     registrant's auditors any material weaknesses in internal controls; and

(b)  any fraud,  whether or not  material,  that  involves  management  or other
     employees  who  have  a  significant  role  in  the  registrant's  internal
     controls; and

6.   The  registrant's  other  certifying  officers and I have  indicated in the
quarterly  report  whether or not there  were  significant  changes in  internal
controls or in other factors that could  significantly  affect internal controls
subsequent to the date of our most recent  evaluation,  including any corrective
actions with regard to significant deficiencies and material weaknesses.

Date:  May 15, 2003                        By:  /s/ John R. Polchin
                                                -------------------
                                                John R. Polchin
                                                Vice President, Chief Financial
                                                Officer and Treasurer