January sees the return of EAG International 2019 which will take place on 15th - 17th January at ExCeL in London. Innovative Technology Ltd. (ITL), the leading cash handling equipment provider, will be launching Live Collect to the gaming industry, revolutionising collection routines for Operators.  They will also be showcasing other cash validation and ticketing solutions from their state-of-the-art product range on stand number 400. 

Andy Bullock, Senior Business Development Manager, commented, “We will be launching Live Collect to the market at EAG 2019 following successful closed trials. Live Collect enables operators to optimise cash handling and revolutionise collection efficiency. Accessing real-time data and detailed status reports across multiple sites, provides full machine audit traceability.  It uses the cash handling features of both the NV11 note recycler & SMART Coin System (SCS) in a smart connected way.  Cash levels in the validator cashbox, hopper and recycler are visible in real time and can be used to schedule more efficient collection & refill visits. Operators can significantly reduce machine collection times even further, resulting in a more productive use of staff time.Operators can login to the secure online portal which can be accessed from any location, providing a greater insight into machine activity, traceability and performance across their entire estate.”

Andy continued, “EAG visitors will also have the opportunity to demo ReelPay, our new mobile app that allows customers to transfer funds to enabled gaming machines using their mobile. Used in conjunction with Live Collect it allows operators to give their customers a convenient cashless payment option using their mobile. The app allows players to set their own limits and deposit funds securely using a debit card – ideal for customers who do not carry cash.”

ITL will showcase their Spectral technology found in both the NV200 Spectral and NV9 Spectral banknote validators. Spectral sensors are used in both units providing high resolution imaging to authenticate the validity of bills and optical and mechanical anti-strimming technology delivers outstanding fraud protection.

Andy concluded, “We expect sports betting to be a popular topic again at EAG 2019. Our NV9, with its enhanced sensing technology and high acceptance rate for multi-currency, is ideally placed to meet the needs of the sports betting market.  It offers flexibility as its modular design means that a ticket printer can be added to create the NV12, giving Operators barcoded ticket printing capabilities. We will also have Live Ticket on the stand for visitors to demo. Using the NV12 this retrofit solution is ideal for any Operators intending to implement a TITO system within their business. Come along to see the team on stand 400 to learn more about our innovative product range.”

Innovative Technology will be exhibiting at NRF on 13th - 15th January 2019 at the Javits Convention Center in New York City. NRF – Retail’s Big Show, is organized by the National Retail Federation (NRF), who are the world's largest retail trade association.

Rebecca White, VP Sales & Business Development commented, “We are delighted to have our largest ever dedicated booth at NRF for 2019. NRF is one of the most important retail exhibitions in the ITL calendar and it gives us the opportunity to network with some of the largest retail organizations and OEMs from across the globe.   For the 2019 exhibition we will be previewing some of our advanced, next-generation retail and smart safe products to the industry. These new products will allow bunch note feeding of bills, quick refills and will offer large capacity cashboxes. A high level of security will also be paramount.Our Spectral technology offers the highest level of validation technology and security of any product in its class, by far.”

The US arm of Innovative Technology will also have SafeCash Collect on the booth. Rebecca commented, “This utilizes the NV200 Spectral bill acceptor to authenticate, count and store cash and is an ideal product for the retail market as it eliminates shrinkage, reduces cash in transit (CIT) collection costs and maximises cash handling efficiency. This closed-loop cash management solution brings real benefits to the industry in terms of reducing risk and fraud and helping retailers eliminate shrinkage. The tamper evident cashbags each have a unique barcode for traceability, identification and tracking purposes and when used in conjunction with Live Collect, a full audit trail is available linking multiple machines for further efficiencies.

Rebecca continued, “We will also have on display the SMART Coin System – a bulk coin validator, mixed coin hopper and recycler in one. Boasting a market leading coin hopper capacity and payout speeds of up to 12 coins per second the unit validates, discriminates and stores mixed coins, eliminating coin starvation, the need for multiple hoppers and improving cashflow.” 

Security is a major part of product development at ITL. They will beshowcasing their Spectral technology found in both the NV200 Spectral and NV9 Spectral bill validators at NRF.   Spectral sensors are used in both these units providing high resolution imaging to authenticate the validity of bills. Plus, optical and mechanical anti-stringing technology delivers outstanding fraud protection. Spectral validators have an advanced level of fraud detection, high acceptance rates and are modular in design – all essential benefits for the retailer.

Rebecca concluded, “As we continue to expand our operations across the Americas, we are keen to maintain and grow our business and test out our new products with new and existing customers.  We look forward to welcoming NRF visitors to booth #1714 to showcase our innovative range to the retail industry.”