Brief: London Bridge buoyed by Vectus order

Brief: London Bridge buoyed by Vectus order

London Bridge Software is reporting a significant order for its Vectus software with one of the leading credit card issuers in Europe.

The un-named client will use Vectus for all its credit card origination activities across branch, call centre and Web channels, says the vendor. Once fully deployed, the operation expects to be processing several million applications a year.

Shares in the group moved up 15.3% on the news to stand at 37.5 pence.

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