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Innovative Technology guarantees to support its products for a period of 5 years once production has ceased. From December 2009 the NV4 will be obsolete. Spare parts will no longer be stocked so we cannot guarantee NV4 spares or repairs.  Whilst the NV4 was one of the market leading bank note validators when it was introduced in 1997, Innovative Technology products have developed significantly since. By looking further than any other company in our field, we have developed unique SPF™ technology to deliver quick transactions with an industry leading acceptance rate of 99.8%.

The founder of banknote manufacturer Innovative Technology was recognised for his dedication to Oldham and received the prestigious Lifetime Achievement Award at a gala ceremony held Friday 3rd April.  David, a well-known figure in the gaming world, has created two successful businesses in Oldham during his career: Money Controls back in the 1960s and Innovative Technology in 1992. A proud supporter of Oldham business David has helped a number of small start-up businesses in the Borough and sponsored the Pride in Oldham awards for a number of years.   David, founded Innovative Technology with the invention of the NV1® Smiley Banknote Validator (so named…

Back in the late 1960’s the easy way to connect a banknote validator was to use a pulse interface as this was the way that coin mechanisms were connected. This was then improved with parallel and binary interfaces. In today’s high tech environment serial interfaces are more widely used as they give a lot more security to both the banknote validator and the host machine.

Innovative Technology Ltd is pleased to announce the NV200 Bank Note Validator has received European Central Bank (ECB) approval for it’s ability to recognise Euro Note counterfeits. The high volume, high security NV200 received first acceptance rate results of 100% in the independent tests, having correctly identified all genuine and counterfeit notes within the test.The European Central Bank, test banknote authentication devices on their ability to recognise genuine notes and Euro counterfeits. The results, published on-line, are available to assist banknote users when selecting appropriate counterfeit detection equipment.Marketing Executive, Dayna Patterson said of the 100% result “We are constantly researching…

Bank note validator manufacturer, Innovative Technology Ltd are holding their 2nd Annual Recruitment Open Day at their Head Office in Derker Street, Oldham. Taking place Saturday 14th March from 9.30 – 11.00 the event will showcase 6 current job openings with the company.