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The European Central Bank today unveiled the new issue €20 banknote that will enter circulation Wednesday 25th November 2015. As a manufacturer of cash handling equipment we will have access to the new €20 note in advance of its official release. We will add the new €20 into all applicable Euro datasets over the coming months and release new datasets in due course – providing operators with sufficient time to update all of their validators in the field before 25/11/15. Speaking at the launch event ECB President, Mario Draghi said “Every central bank needs to upgrade its banknotes periodically to…

Innovative Technology Ltd is pleased to announce the appointment of a new Trading Partner based in Turkey, Timeks.    Based in Istanbul, Timeks will distribute Innovative’s state of the art cash handling product range across Turkey. Timeks is perfectly placed to assist Innovative Technology’s expansion across the region and will provide local sales and support assistance to customers whatever their cash handling requirements.    Tuna Kubilay, Managing Director at Timeks commented, “We are happy to work as Innovative’s Trading Partner in Turkey. Ever since its inception, Timeks has always partnered with the best manufacturers in the world and has provided…

Dayna Patterson, Marketing Executive, is responsible for planning ITL’s busy exhibition calendar. Here we get an insight into ICE from an exhibitors perspective.   ICE is our biggest exhibition of the year and colleagues from our international offices travel to London to man the stand and meet their customers. The week starts on Sunday for me with the journey south to Excel, London to meet the stand builders and begin the set up. Monday, the final set up day is my favourite part of the exhibition. It is always a very long day and the exhibition hall is freezing, but…

Having celebrated another year of remarkable growth in 2014, leading cash handling equipment provider, Innovative Technology has begun 2015 with a similar pace; having met with customers and industry colleagues at EAG and ICE. Senior Business Development Manager, Paul Curley said, “In recent years we have not exhibited at AMEX, but we feel that this year is a perfect opportunity to showcase our new product releases as well as our subsidiary, InnoPrint’s ticketing products. Having released the SMART Coin System at ICE, we will use AMEX to launch this revolutionary bulk coin validator, hopper and recycler to the Irish market”.…

Innovative Technology unveiled their latest revolutionary product, the SMART Coin System, at ICE last week. The SMART Coin System; a bulk coin validator, mixed coin hopper and recycler was greatly received at ICE and is set to revolutionise coin handling. The unit validates, discriminates and stores mixed coins, eliminating coin starvation & the need for multiple hoppers. Boasting a market leading coin hopper capacity (1500 x €1) and fully audited efficient refills, the SMART Coin System is designed to eliminate coin starvation and significantly reduce operator collection costs. The SMART Coin System’s bulk coin feeder reduces operator refill time by…