Latest News

The Bank of England has today unveiled the design of the New Tenner which will be issued on Thursday 14th September 2017. The New Tenner is the second Bank of England note to be printed on polymer and will be around 15% smaller than the existing paper £10.The new £10 note incorporates enhanced security features and there are also a number of design elements which relate to Jane Austen. A portrait of Jane Austen can be found on the back of the note. Next to the portrait is an illustration of Elizabeth Bennet, a character from Pride and Prejudice. The…

Innovative Technology Ltd. (ITL) are pleased to announce independent approval from the European Central Bank (ECB) for their note validator (NV) range. The ECB authenticate validators that successfully recognise the difference between genuine and counterfeit Euro banknotes. ITL’s NV9 USB+, NV10 USB+, NV200 and new NV200 Spectral all received a 100% pass rate during testing last month at De Nederlandsche Bank in Amsterdam.  Damian Roach, Test Currency Engineer, conducted the test in Amsterdam, “Once again, we are proud to have passed the ECB’s strict testing process. The results independently acknowledge the reliability of our note validator range for their ability to…

Innovative Technology Ltd. (ITL) has launched their latest coin handling innovation, the Bulk Coin Validator (BCV). A new unit that combines coin mech functionality with a high-capacity bulk coin feeder, the BCV saves space and integration costs. Enabling bulk coin input and rapid coin verification, the BCV provides a complete coin-in solution suitable for global applications. The stand-alone Bulk Coin Validator boasts a market leading mixed coin capacity of up to 200 coins and validation speeds of up to 7 coins per second accepting coins of diameter 16.25 -28.5 mm.ITL Group Sales Director, Mustapha Hadj-Ahmed, said “By combining a coin mech…

Innovative Technology Americas, Inc. is pleased to welcome Mark Karny, Customer Service Representative to our Wisconsin office.Mark joins Innovative Technology’s US operations in a pivotal role where he will support customers with enquiries, fulfil orders and manage regional stock. Mark brings with him over 40 years of technical sales experience from the technology industry.Commenting on his position Mark said, “I’m looking forward to helping grow our operations in the US, providing the best level of customer service, looking after our business operations, warehouse management and shipping for customers across the Americas.”VP of Sales & Business Development, Rebecca White said, “I’m…

We are pleased to announce a new addition to our popular NV9 note validator range, the NV9 Stackerless.The NV9 Stackerless has no cashbox so notes can be routed to a more convenient location for security and collection. The unit boasts the same enhanced sensing and high multi-currency acceptance rate as the existing NV9 range and retains the modular design, future proofing the unit with the ability to add note recycling with a note float module or ticket implementation through a ticket printer module.VP of Sales & Business Development, Enrique Jütten said “People have been asking for a stackerless version of the NV9 for…