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Cyril LALO

Founder & CEO

ellipse inc.

Country or State

United States

Bio

Serial entrepreneur and Inventor with over 23 years of experience leading high-tech and Fintech companies. Founder and CEO at ellipse inc., Founder and CEO at CyLal Consulting Corp. Formerly, Worldwide Head of Payment Indirect Sales at Oberthur Technology (now IDEMIA), Founder / President / CEO of NagraID Security (Sold to Oberthur Technology in September 2014), EVP at Prosodie, Founder / Chairman / CEO of nCryptone (previously called AudioSmartCard, Sold to InCard in 2006), Chairman / CEO of NSX and Founder / President / CEO MRI (Microsoft and IBM Certified Provider). Graduated from EGC and IFG business school. Pioneer in the development of a unique process used to embed sensitive electronics and active components into a credit card form-factor. His passion for innovation and high-technology lead him to co-invent and patent the first reliable mass-produced payment card with a built-in LCD display and touch-sensitive keypad (Display Card) used to generate one-time-passwords providing strong two-factor authentication for e-banking and e-commerce. His expertise in the payments and authentication space led to the development and market the first dynamic CVV/C card (MotionCode) to secure the Card-Not-Present transactions (CNP) and payment card number theft. This technology replaces the static 3-digit security code usually printed on the back of a card, by a mini-screen that displays a code, which is automatically refreshed according to an algorithm, usually every hour. These cards gained industry-wide recognition and are deployed by some of the most prestigious issuers worldwide (Bank of America, PayPal, Erste Bank, Standard Charter Bank, Societe General, Caisse d'epargne, Banque Populaire...).

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Current Position

Founder & CEO at ellipse inc.

Degrees

Business and Management

Skills