Culver City, CA – According to filings with the U.S. Securities and Exchange Commission, Ellipse World dba ellipse is raising $22,075,000.00 in new funding. Sources indicate as part of senior management Chief Executive Officer, Cyril Lalo played a key role in securing the recent investment and it will aid in aggressively expanding the company, as well as broaden and accelerate product development.

About Ellipse World dba ellipse
The EVC All-In-One represents the first breakthrough technology in payment cards since EMV. It has been designed specifically for eCommerce protection by leveraging existing EMV rails, extending Card-Present EMV security protocols to online transactions. During Card Not Present(CNP) transactions, the EVC value is the only dynamic data that is originated by the Issuer. The solution creates a unique trusted verification loop that enables Issuers to make more reliable and accurate authorization decisions. Durable design and tougher than any other display card electronics. Whether going through high speed/high capacity manufacturing processes or embedded into cards in the hands of cardholders, EVC All-In-One meets or exceeds all the stringent requirements of real conditions of use. The sturdiness of EVC All-In-One modules enables cards integrating this technology to be personalized by standard processes, and mailed via standard envelopes.

To learn more about Ellipse World dba ellipse, visit http://www.ellipse.la/

Contact:
Cyril Lalo, Chief Executive Officer
424-298-8284
https://www.linkedin.com/in/cyrillalo/

SOURCE: http://www.intelligence360.io
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