Latest News

UK based cash handling provider, Innovative Technology (ITL) have secured several distribution suppliers for their CashGenic hygienic cash automation solution both in the UK and throughout Europe including Germany-based PerfectMoney.  Commenting on the success of the roll-out, Thorsten Labusch, VP of Sales said, “We are delighted with the fast pace of the CashGenic partner acquisition programme. It was first launched in May 2020 during the COVID pandemic to enable customers to pay with cash hygienically and safely. One of our partners, PerfectMoney, an innovative payment solutions provider based in South Germany are proudly building their own machines which they have rebranded ‘Vicky’. This…

Innovative Technology Ltd. (ITL) are pleased to announce independent approval from the Bank of England for their NV200 Spectral note validator during the Bank’s recent testing of automatic banknote handling machines.  The Bank of England machine-testing framework enables manufacturers to test their machines with circulation and artificial counterfeit banknotes to ensure they only accept genuine banknotes.The NV200 Spectral is a highly secure and technologically advanced banknote validator; using ITL’s hyperspectral technology to offer complete note image capture to authenticate the validity of notes.James Beswick, Customer Support Manager for ITL commented on the results, “We are proud to have passed the…

Innovative Technology, who provide a range of biometric solutions designed to estimate age, have been approved as a participant in a UK Government programme piloting age verification technology for the retail sale of alcohol. The Home Office invited organisations to propose digital methods of checking customers’ ages while purchasing alcohol. The regulatory ‘Sandbox’ trial which will run between January and May 2022, will still require humans to check customers ages, but the technology will be used to help retailers abide by the law currently in place to prevent alcohol being mis-sold to anyone underage.Dr. Andrew O’Brien, ICU Product Manager said,…

By Dr. Andrew O’Brien, ICU Product Manager St Alban's Catholic Primary School in Warrington have successfully trialled our ICU Pro biometric solution, utilising it to automate staff access.The system was implemented on a trial basis at the primary school last year in order to make entry to the school building quick, easy and safe for the teaching staff.  It’s fantastic to see our facial analysis technology being used to ensure only authorised staff can gain access via a hygienic contactless entry system, keeping both staff and pupils safe in the school setting.The headteacher valued how the entry system helped towards their COVID risk…

Innovative Technology have announced a new Business Development Manager for the UK.  The position has been filled internally by Chris Wright who has been with the cash handling business for 5 years. Chris previously held the role of technical support engineer and was promoted to a dedicated sales role at the start of the year.Commenting on Chris’ promotion, Andy Bullock, Senior Business Development Manager said, “Since Chris joined ITL in 2017 he has gained extensive product knowledge and experience as a support engineer, as well as in-depth expertise in customer training, configuration and software installations. I have worked closely with…