8-K

                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549


                                    FORM 8-K

                                 CURRENT REPORT

                       Pursuant to Section 13 or 15(d) of
                       the Securities Exchange Act of 1934

                        Date of Report: December 23, 2007
                                        -----------------
                        (Date of earliest event reported)


                               DIRECT INSITE CORP.
             (Exact Name of Registrant as Specified in its Charter)



    Delaware                      0-20660                     11-2895590
- ------------------------------------------------------------------------------
 (State or other               (Commission                  (IRS Employer
 jurisdiction of                File Number)                 Identification
 incorporation)                                                 Number)


                       80 Orville Drive, Bohemia, NY   11716
                       -----------------------------   -----
               (Address of principal executive offices) (Zip Code)


        Registrant's telephone number, including area code (631) 873-2900
                                                           --------------


              ----------------------------------------------------
         (Former name or former address, if changed since last report.)


Check  the  appropriate  box  below  if the  Form  8-K  filing  is  intended  to
simultaneously  satisfy the filing obligation of the registrant under any of the
following provisions:

[ ] Written communications pursuant to Rule 425 under the Securities Act
    (17 CFR 230.425)

[ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act
    (17 CFR 240.14a-12)

[ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the
    Exchange Act (17 CFR 240.14d-2(b)

[ ] Pre-commencement communications pursuant to Rule 13e-4c under the Exchange
    Act (17 CFR 240.13e-4c)



Item 5.02   Departure of Directors or Certain Officers, Election of Directors,
            Appointment of Certain Officers; Compensatory
            Arrangements of Certain Officers


     On December 23, 2007, the Company entered into an amendment to the Services
Agreement  with its Chief  Financial  Officer,  Michael J.  Beecher,  for a term
ending on December 31, 2009. The agreement calls for compensation of $14,583 per
month,  and the  granting of 2,500 shares of  restricted  common stock per month
commencing  on December 1, 2007 and ending on December 31, 2009.  The  agreement
further  provides  for certain  severance  benefits in the event of  termination
prior to the expiration date.



Item 9.01   Financial Statements and Exhibits


            10.1  Services Agreement effective as of December 23, 2007
                  between Direct Insite Corp. and Michael J. Beecher.



                                   Signatures

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



                                       DIRECT INSITE CORP.

                                       By: /s/ Matthew E. Oakes
                                           ------------------------------------
                                           Matthew E. Oakes
                                           Executive Vice President and
                                           Chief Operating Officer

Dated:   January 9, 2008

EX-10.1

                        SERVICES AGREEMENT AMMENDMENT #1

This Amendment (#1), dated December 1st, 2007("the  Amendment Date"), is between
Michael Beecher ("Beecher" or "the Executive") and Direct Insite Corp. ("DIRI"),
and amends the Services  Agreement  between the parties dated August 1st,  2006,
(the "Agreement").

                                    RECITALS
                                    --------

WHEREAS, DIRI and BEECHER entered into the Agreement and now desire to amend the
Agreement in certain respects,  with this Amendment to be effective on and after
December 1st, 2007, (the "Amendment Effective Date");

NOW, THEREFORE, for good and valuable consideration, the receipt and sufficiency
of which is hereby acknowledged, DIRI and BEECHER agree to amend the sections of
the Agreement as follows:

3. Term. Subject to earlier termination on the terms and conditions  hereinafter
provided,  the term of this  Services  Agreement  shall be from August 1st, 2006
until December 31st,  2009.  Upon mutual written  agreement of both Parties this
Services Agreement may be extended until December 31st, 2010.

4.  Compensation.  For all services  rendered by BEECHER  under this  Agreement,
compensation shall be paid to BEECHER as follows:

     (a) Effective the date of this  Amendment and for the remaining term of the
Agreement  BEECHER shall receive  $14,583.33  per month as  compensation.  Prior
stock  options  awards to purchase  shares of Direct  Insite Corp.  common stock
shall continue to vest ratably on a monthly basis to July 31st, 2008.  Effective
December 1st,  2007 until  December  31st,  2009 BEECHER shall receive a monthly
stock grant in the amount of (2,500)  shares of Direct  Insite Corp.  restricted
common  stock,  such  restriction  shall be  removed  upon  termination  of this
Agreement.

6.   Severance Benefits.

     c)  The  severance  benefits  under  this  section  in  the  event  of  1.)
termination  by the  Company  without  cause or 2.) by BEECHER  for Good  Reason
within twelve  months  following a "Change of Control," as defined in Section 14
of the Agreement,  shall consist of the immediate vesting of all unvested shares
of common stock and options,  and the removal of any restriction upon any shares
of common  stock  held in  BEECHER's  name.  "Good  Reason"  is defined as (i) a
material reduction of the Executive's authority,  duties or responsibilities and
the Executive has provided the Company with reasonable notice and an opportunity
to cure, (ii) a reduction in the Executive's  base salary or (iii);  any failure
of the  Company  materially  to  comply  with  and  satisfy  the  terms  of this
Agreement.  In the event of  termination  for cause by the Company or  voluntary
termination  without good reason by BEECHER,  unvested  restricted stock amounts
shall be forfeited.

     d) In the event that Company  elects to terminate  this  agreement  without
cause then as severance the Company will pay to BEECHER the equivalent of twelve
months salary upon the date of termination of this Agreement.


Definitions.  Capitalized  terms  used  in  the  Amendment,  to the  extent  not
otherwise  defined in this  Amendment,  shall have the same  meanings  as in the
Agreement.

Ratifications.  The terms and provision set forth in this Amendment shall modify
and supersede all inconsistent  terms and provisions set forth in the Agreement.
The terms and provisions of the Agreement,  as expressly modified and superseded
by this  Amendment,  are ratified and confirmed and shall continue in full force
and effect,  and shall  continue  to be legal,  valid,  binding and  enforceable
obligations of the parties.

Counterparts.  This  Amendment may be executed in several  counterparts,  all of
which taken together shall constitute a single agreement between the parties.

IN WITNESS WHEREOF, BEECHER and DIRI have caused this Amendment to be executed
as of the date first set forth above.

ACCEPTED AND AGREED TO BY:

DIRECT INSITE CORP.                                  MICHAEL J. BEECHER

By: /s/ James Cannavino                     By: /s/ Michael J. Beecher
    -----------------------------               ---------------------------
Name:   James Cannavino                     Name:   Michael J. Beecher
Title:  Chairman & CEO                      Title:  CFO
Date:   Dec 23, 2007                        Date:   12/20/2007
    -----------------------------               ---------------------------