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Spectral Technology focus at the International PLUS-Forum in Moscow

INNOVATIVE TECHNOLOGY will present their latest cash handling innovations at the 11th International PLUS-Forum Banking and Retail exhibition on 2nd-3rd October in Moscow, Russia.  Their state-of-the-art products are set to revolutionise cash handling processes, creating greater efficiencies and cost savings for the retail and banking sectors.

ITL’s Spectral family will once again take centre stage on their stand including the Central Bank of Russia (CBR) certified NV200 Spectral validator with its state-of-the-art spectral sensors offering complete note image capture for exceptional protection against fraudulent and stained notes. ITL will demo several new Spectral add-on modules as well as their instant age verification device ICU, which is set to revolutionise the retail industry.

Georgiy Frolov, ITL Business Development Manager in Russia, commented, “We will be previewing some new products in our Spectral range, designed for the retail and banking sectors. New additions to the Spectral family include a mixed note recycler (Spectral Payout), bunch note feeder (BNF) and a Safe Interface (SI) module. These add-ons are designed to improve cash handling efficiencies,significantly improve back office operations and give retailers an enhanced level of security and ease of access for maintenance.”

The new Spectral Bunch Note Feeder (BNF), will have its first outing in Russia at PLUS Forum. Its impressive tray capacity of 100+ notes, accompanied by a large 2200 cashbox makes this an ideal solution for the industry.

Georgiy commented, “The Spectral BNF is fast and lowers operational costs.  Smart safe and deposit applications can also use a Safe Interface add-on to prolong the note path and transport the notes into a secure safe environment.  The combination of NV200 Spectral and BNF with Safe Interface gives customers the ability to gain access to the validator head (and BNF) while the cash is securely stored inside the smart safe.”

Innovative will also show their latest recycler which uses the NV200 Spectral. The Spectral Payout is an 80 note true mixed denomination recycler for high volume retail applications. It can store and recycle all denominations from a given currency helping to manage coin float levels in self-checkouts more efficiently, eliminating coin starvation. They will also demo Safe Cash Collect, an automated cash deposit system which combines a secure tamper evident cash bag system (TEBS) with live data and reporting software designed to reduce cash in transit visits and eliminate shrinkage.

Georgiy concluded, “Our products are designed to help eliminate shrinkage and accounting errors, dramatically reduce cash in transit collection costs and provide full audit traceability – key features for the retail, banking and self-service sectors. We look forward to demonstrating how our products can bring PLUS-Forum visitors significant cost savings.”

Join the ITL team at stand number 11 to find out more and demo their latest innovations.

Read more about our full product range: https://innovative-technology.com/products/products-main