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Nucleus Software edges higher on launch of mobile solution in Australia

The company has launched mApply at the Australian Retail Banking Summit 2016.

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SI Reporter Mumbai
Last Updated : Jun 01 2016 | 12:32 PM IST
Shares of Nuclear Software Exports were up over 1% at Rs 206 on the Bombay Stock Exchange after the company announced the Australian release of its mobile loan self-sourcing solution - mApply at the Australian Retail Banking Summit 2016.

mApply enables the bank's customers and mortgage brokers to view pre-approved loan offers from the bank, select the best offer and submit a paperless loan application within minutes, the company said in a release.

With more and more Australians less likely to visit a bank branch in the future, providing access to loan services over mobile has become a priority, the release added.

The stock opened at Rs 205 and touched a high of Rs 208. At 12:25pm, over 22,000 shares were traded on both the stock exchanges.

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First Published: Jun 01 2016 | 12:25 PM IST

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