Lodo Software, Inc., an innovator in Data Driven Digital banking, is pleased to announce the appointment of Matthew P. Lawlor to its board of directors.
Lawlor is general partner of Lawton House LLC, a venture development and investment holding firm focused on financial services and payment technologies. Previously Lawlor founded Online Resources, where he served as Chairman and CEO for 20 years until 2009. With 15 million consumer end-users, Online Resources was one of the nation's largest and most innovative outsourcers of online financial and payment services.
"Matt brings more than two decades of experience in the financial technology industry to our company," said Mark Vipond, CEO of Lodo Software. "He is a successful entrepreneur and business owner who is respected by investors and the industry for his ability to identify potential and develop it. His contribution will be particularly important to us as we introduce the market to our D3 Banking solution."
Lawlor began his career in 1970 with RCA, serving as project engineer for NASA's Earth Resources Technology Satellite. After completing graduate business school, he joined Chemical Bank (now JP Morgan Chase), where he was staff coordinator for the bank's Asset & Liability Management Committee, then managed a consumer banking group, and later headed Chemical's international equity investment company.
In 1980, Lawlor served as a Presidential Exchange Executive in the White House. He later formed a venture development firm, providing seed capital to RSA (formerly Security Dynamics) and other early-stage technology companies.
After establishing Online Resources in 1989, Lawlor served on the EFTA Board and chaired the eFinancial Enablers Council, a senior executive roundtable of online banking vendors. Lawlor holds a BS in mechanical engineering from the University of Pennsylvania and an MBA from Harvard. He is active in public affairs and charitable work.