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The European Central Bank (ECB) today unveiled the new €50 banknote, which will enter into circulation on Tuesday 4 April 2017. The introduction of the new note marks the latest step in making euro banknotes even more secure. After the €5, €10 and €20, the €50 is the fourth denomination in the second series of euro banknotes, known as the Europa series.“The introduction of the new €50 will make our currency even safer”, Yves Mersch, ECB Executive Board member, said. “Its state-of-the-art security features help protect our money. It is part of our continued efforts to preserve the euro as a…

2016 has been a fantastic year so far for Innovative Technology Ltd. (ITL), with the company receiving a number of awards and accolades in recognition for both manufacturing and business achievements.In February, ITL was chosen by the London Stock Exchange as one of the “1000 companies to inspire Britain” due to its commitment to investing in new products and expanding its global reach through the opening of overseas offices. The report is a celebration of the UK’s fastest-growing and most dynamic small and medium sized businesses and to be included on the list, companies need to show consistent revenue growth…

ITL is pleased to announce the launch of the NV10 USB+, a next generation compact note validator that has evolved from the popular NV10 USB. The NV10 USB+ aims to improve on the high quality of the current generation and combines a compact, stackerless design with proven field reliability.The NV10 USB+ is ideal for operators that are faced with space constraints due to its aforementioned compact size, which means it can be fitted into most machines. The unit is perfectly suited for amusement and vending applications due to its size and its ability to accept over 100 different world currencies.Andy…

ITL Americas has recently completed a move into brand new office space, located in Pewaukee, Wisconsin, to provide sales support to our new and existing customers in the USA, Canada and Mexico.VP of Sales for the Americas, Rebecca White, said “This new office will take ITL Americas to the next level in terms of the service we can provide to our customers. The US team has expanded in the past year and our new premises will allow us to continue securing talent in key positions, growing the branch.”Innovative Technology Ltd (ITL) has been manufacturing ‘State of the Art’ cash handling…