By Victoria Young
Date: Monday 17 Aug 2015
LONDON (ShareCast) - (ShareCast News) - Shares in customer service and payment software company Eckoh were up after the company announced several new international contract wins for its fraud detection products.
AIM listed Eckoh shares were up by 3.53% to 40.38p at 1130 BST.
Eckoh did not disclose the value of the contracts, but in a statement said deals had been done with a South African airline operator, a consultancy in Morocco, and a public sector organisation in Canada.
The UK based company said it had also secured a contract with utility provider in the United States through its US subsidiary, Eckoh Inc.
Eckoh said all contracts were for its CallGuard system which was used in contact centres to detect fraud.
Back home, Eckoh said it had won its first new contract for its Haloh Audio Tokenisation secure payment solution which automatically replaces sensitive card data with a non-sensitive equivalent or 'token' . That deal was with existing CallGuard client Sensée, an outsourcing firm.
Eckoh chief executive Nik Philpot said it had been an encouraging start to the year.
"Momentum for our solutions continues to build, with the sales pipelines for both our direct and indirect sales in our UK and US core markets remaining at an excellent level and positioning us strongly for further growth," Philpot said in a statement.
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