Latest News

Innovative Technology (ITL), the cash handling specialist, today announced that Bally Wulff Cash Management GmbH, has adopted its new SMART Coin System following a successful field trial.   The two companies began their collaboration on the project for new smaller, more flexible change machines in the spring of 2014, with field trials using the SMART Coin System starting quickly after. During the six month trial the system’s speed and operational performance was evaluated, achieving outstanding results.     Andreas Günther, Managing Director of Bally Wulff Cash Management GmbH said: "When we first heard about this new all-in-one coin handling solution…

Last week Innovative Technology, a leading global provider of cash handling technology, exhibited at FER Interazar in Madrid, unveiling its latest revolutionary product, the SMART Coin System, to the Spanish gaming and amusement sector. Operators and manufacturers from across Europe were excited by the significant performance and cost savings that the SMART Coin System delivers. Launched in February, the SMART Coin System validates, discriminates and stores mixed coins, eliminating coin starvation and the need for multiple hoppers. It boasts a market leading hopper capacity of 1500 x €1 and coin pay-out speed of up to 12 coins per second, perfect…

Last week Innovative Technology exhibited at VendExpo in Moscow,showcasing its range of innovative cash handling products to vending operators and manufacturers from across Russia, Eastern Europe and Asia. Innovative Technology’s full product range was on display with a number of note validation products, ideal for vending applications, as well as new ‘SMART’ products including - the SMART Ticket and SMART Coin System.The hot topic of discussion on the stand was maximising cost savings in order to boost the profitability of vending machines. Lina Kazantseva, Innovative Technology’s Business Development Manager for Russia commented: “VendExpo was an ideal vehicle for us to demonstrate…

   The CashGenic automated cash system is an effective way of keeping your staff and customers safe with a single, easy-to-use solution.Utilising leading automated cash management technology, CashGenic eliminates the need for staff to handle cash whilst ensuring transactions can be completed in a safe, socially distanced way. A transaction total is entered on the touchscreen provided, and customers pay their cash directly into CashGenic’s intelligent note and coin recyclers. This automated cash dispenser, ensures the correct change is quickly issued to customers and generates significant staff time savings by reducing the need to count and reconcile cash.CashGenic creates an automated cash…