Innovative Technology Ltd. (ITL), a leading cash-handling technology provider is excited to be exhibiting at the 9th International PLUS Forum in Moscow. The Forum will be held at the Sokolniki Exhibition and Convention Centre on the 4th & 5th October, and is one of Europe’s largest events dedicated to the development of cash circulation and self-service in the retail and banking payment industry. 

 

ITL will be showcasing its expanding retail and banking product portfolio of innovative note validation and coin handling from stand number 22 at the show.

 

The exhibition will be used to demonstrate ITL’s newest validator, NV200 Spectral – the most technically advanced note validator in its class. Having passed the Central Bank of Russia’s (CBR) notoriously stringent requirements the NV200 Spectral is certified by the CBR. It’s state of the art spectral sensors offer complete note image capture by scanning over 4.8 million datapoints to authenticate the validity of notes. The unit boasts 99%+ first time acceptance of new and street grade notes with a note to note processing time of 2 seconds. It also delivers outstanding fraud protection by using optical and mechanical anti-strimming technology. Plus, add-on modules allow note recycling or ticket printing capabilities.

 

The International PLUS Forum will see the first showing of SafeCash Collect. Combining a tamper evident cashbag system (TEBS) with Live Collect data & reporting the unit is ideal for the retail and banking sector. 

 

Lina Trofimow, Business Development Manager said “We are looking forward to promoting our range of note and coin handling products and are particularly excited about showcasing SafeCash Collect which provides a full history of all transactions. The tamper evident cashbag system utilises uniquely barcoded cash bags, eliminating shrinkage and accounting errors, dramatically reducing cash in transit collection costs. The full audit traceability feature will be especially beneficial for the Retail and Banking sectors.”

 

Join the ITL team at stand number 22 and learn more about their innovative product range.