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Innovative Technology’s (ITL) Group Managing Director, Peter Dunlop, celebrates a quarter of a century at the company this month.  From university placement to heading up this successful international company, Peter and his management team have developed, transformed, and established ITL as a leading cash handling and validation business with offices worldwide and several hundred employees.Commenting on his impressive time at ITL, Peter said, “I feel honoured to head-up ITL and see how the company has progressed over the past 25 years.  Our ethos is technology-driven, and we proudly offer our customers the most advanced cash validation, recycling and more recently,…

Despite a reported downturn in cash payments in certain sectors, cash is very much the preferred payment choice for many customers, especially in the food takeaway industry. The Café Royal in Annan Scotland implemented a cash automated system in both their in-house and take away premises back in March and have seen a real positive effect including, a rise in cash payments, a reduction in cash floats and staff free to interact more with customers. CashGenic, the cash automation solution from Innovative Technology, was launched last year as an affordable option for those customers wanting to pay by cash safely and hygienically.…

The NV9 Spectral note validator from cash handling provider Innovative Technology is well-established in the market as a highly secure and technologically advanced compact banknote validator designed to ensure efficient, automated cash processing. The NV9 Spectral range has the added bonus of stained note detection and optical and mechanical anti-strimming technology which delivers outstanding protection against fraudulent notes.It forms the basis for new products in the ITL Spectral range and using its modular design, allows customers to easily add additional functionality such as multi-note recycling.  Global installs are on the increase in a wide range of applications and vertical sectors.Andy…

Innovative Technology have launched their latest biometrics solution - ICU Lite. A compact version of their ICU Pro, it enables you to add age verification & facial recognition-based functions to a machine via a convenient, plug-in USB device. Using biometric technology and Artificial Intelligence (AI) algorithms, ICU Lite connects to your individual host machine or terminal such as kiosks, self-checkouts or gaming machines.Commenting on the new product Dr Andrew O’Brien, ICU Product Manager said, “We are delighted to bring this product to market after a period of intense product development to create a compact biometric solution. Our ICU Intelligent Identification…