Latest News

Innovative Technology (ITL) reported a successful show at Paris Retail Week that took place last week over three days in the French capital.  ITL, leading cash handling and biometrics solutions provider, showcased their latest innovations to delegates who gathered following several delays due to the pandemic.  Thorsten Labusch, VP of Sales & Business Development said, “This was the first time ITL have been involved in the Paris exhibition and we are pleased we decided to participate. It provided the long-awaited opportunity to meet with new and existing customers allowing us to demo our retail and kiosk offerings to show how they…

The Autumn Coin-Op Show (ACOS) is opening its doors for 2021 welcoming visitors back to their annual exhibition after a break in the exhibitions calendar due to Covid-19. ACOS will take place on Wednesday 20th and Thursday 21st October 2021 at the new venue ILEC Conference Centre, Earls Court, London. Leading cash handling and biometrics solutions provider, Innovative Technology (ITL), will be showcasing their latest innovations on stand 91. Commenting on ITL’s involvement, Andy Bullock, Senior Business Development Manager said, “This is the first UK amusement & gaming show to take place since the start of the pandemic, so we are delighted…

ITL’s Sales Director, Mustapha Hadj-Ahmed, celebrated an impressive 25 years at the company this month. Based at the company’s Spanish office in Barcelona, Mustapha has been an integral part of ITL’s success and expansion across Europe and South America.Commenting on his 25-year milestone, Mustapha said, “I joined ITL in 1996 and created the Spanish office in Barcelona. At the time Innovative only had a UK office and were looking to expand their cash handling offering into Europe. It’s been a great privilege to lead the Spanish arm of ITL, setting up the office and building a great team to support…

Innovative Technology (ITL) have recently recruited Augusto de Andrade as Business Development Manager to assist with expanding its cash validation and facial recognition offerings throughout Brazil and other emerging regions within South America.  Augusto will be responsible exclusively for ITL’s retail, kiosk and banking (RKB) customers.Welcoming Augusto to the organisation, Mustapha Hadj-Ahmed, ITL Sales Director said, “Augusto will be involved in a wide range of sales activities, from formulating and executing a sales and business strategy targeted at his dedicated territory, identifying sales opportunities, generating and following up leads, visiting existing and new customers to secure additional business, grow our…

 Despite many retailers urging customers to pay with cards instead of cash, the coronavirus pandemic has not decreased the number of coins in circulation worldwide, for example across the United States in 2019, there were 47.4 billion coins in circulation, and in 2021 there is 47.8 billion. (Source: Marketplace). This seems to be the trend in Europe too whereasof July 2021, there are approximately 139 billion coins in circulation around the eurozone compared to 136 billion in July 2020. (Source: ECB).As the amount of cash in circulation continues to climb, as a global provider, giving our customers payment choice is more important than ever. Cash…