Eckoh in $24m US payments deal

Eckoh, the Aim-listed speech recognition business, will this morning announce a five-year deal with a US business outsourcing firm worth $24m (£14.3m). The deal, which commences 1 July, will see Eckoh handle secure payments for the company across its US customer base. “Today’s announcement represents a significant strategic milestone for Eckoh coming so soon after outlining our US expansion plans,” said chief executive Nik Philpot.