- Eckoh has announced that a number of new contract wins for its secure payments products have been signed since the start of the new financial year. In particular, Eckoh has won a number of new direct contracts across international markets, complementing ongoing progress in the UK.

These international contracts have been signed respectively with a leading airline operator in South Africa, a large consultancy organisation in Morocco and a public sector organisation in Canada. The fourth and most recent contract was an agreement secured directly with a utility provider in the United States through Eckoh's US subsidiary, Eckoh Inc. This is the seventh contract won directly through Eckoh Inc since June 2014. The contracts are all for Eckoh's patented CallGuard solution which is deployed directly into the customer's contact centres. A key benefit of this CallGuard solution is that it can be deployed and operational extremely quickly, often in weeks, ensuring that specific compliance or fraud concerns the client may have can be addressed in a timeframe that no other solutions can match. In addition, in the UK, Eckoh has won its first new contract for the Haloh Audio Tokenisation secure payment solution, that automatically replaces sensitive card data with a non-sensitive equivalent or 'token' when a payment takes place, enabling organisations to store and use the data without the security risk.

This new solution was launched in May this year at the Card-Not-Present Expo in Florida. The new contract is with Sensée, an outsourcer specialising in homeworkers, who are an existing CallGuard client and the new contract is to implement the Audio Tokenisation solution on behalf of a new Sensée customer.

At 9:14am: [LON:ECK] Eckoh PLC share price was +1p at 40p

Story provided by