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Items filtered by date: September 2019
Monday, 30 September 2019 00:00

Autumn 2019 Technical Bulletin


IN THIS BULLETIN: NV9USB (green label) Obsolescence, New GBP £20 polymer note datasets available, Product Firmware Released (BV50, NV9USB+, NV10USB+, NV200, SMART Coin System), Hardware Changes (SMART Hopper), Software Changes (Validator Manager), BV100 Obsolescence, ICU: Instant Age Verification.



Published in Technical Bulletins
Thursday, 19 September 2019 10:57

Morrison steps up to Group Sales Director at ITL

Innovative Technology have announced the promotion of Tony Morrison to Group Sales Director heading up the organisation’s global sales and commercial activities. He joined Innovative Technology in 2012 as Sales Director for the Retail & Kiosk sectors and became Group Sales Director this month.  Tony has a wealth of international sales experience in the cash handling industry, gained across a range of sectors and territories. 
Commenting ITL’s Group Managing Director Peter Dunlop said, “Tony will be responsible for expanding our global reach across all verticals including gaming, amusement and vending (GAV) and retail, banking and kiosk (RBK) industries.  He will also research emerging markets to extend Innovative’s product range internationally.  Building relationships, predicting and understanding key customer trends will also be an integral part of Tony’s new position and well as developing key growth strategies and action plans.” 
Tony commented, “I am obviously delighted to be promoted to such a prominent role within the company and thankful to David, our Chairman, and Peter for presenting me with the opportunity. I have worked as part of a very strong team since joining ITL some seven years ago and am grateful to my colleagues and co-workers for all the help, support and respect that has been given to me. The business has shown some incredible growth over recent years and with the help of our very loyal and expanding customer base, my goal is to push on further and build upon all the good work that has been done previously.”
Peter added, “Tony has been in the industry for an impressive 27 years now and since he joined ITL in 2012 our organisation has grown significantly. He has extensive sales experience across a wide range of sectors and industries and is well positioned to move ITL forward even further both strategically and commercially.  I am looking forward to working with Tony during this exciting, changing time in our industry to ensure we continue to deliver products that our customers need and want.” 
Tony concluded, “I am just a small part in this very exciting business whose core strength is built around its committed people and its innovative products. We will continue to strengthen our brand, innovate and develop best in class value for money products to achieve our common goal. I am very confident that we will once again show significant business growth over the coming years and I’m excited to be part of such a forward-thinking dynamic company.”
Published in News
Thursday, 12 September 2019 14:40

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Published in News

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

Published in News


Innovative Technology will use the Autumn Coin-Op Show (ACOS) 2019 to showcase their ICU age verification device and demonstrate their outstanding Spectral technology to the industry.

Andy Bullock, Senior Business Development Manager said, “We are looking forward to showing ACOS visitors our new automated age verification unit, ICU. Offering instant age verification it can help combat underage gambling and assist premises and Operators to comply with gambling restrictions and regulations.

Underage gambling is a real social issue.  A recent UK survey by the Gambling Commission found that a massive 89% of UK pubs failed to prevent children from accessing 18+ gaming machines. ICU boasts a high level of accuracy with a proven 96% success rate in detecting under 18’s and outperforms humans across all age ranges. It’s instant and does not require customer pre-registration or human intervention – providing a seamless service for the end user. We plan to show visitors some clever, unreleased features that will benefit gaming significantly, so make sure you come and see ICU in action on stand 1.”

Andy continued, “As the NV9 Spectral gains more traction in the UK market, our customers can expand its capabilities by adding on a compatible note float module (NV11 Spectral). We welcome ACOS visitors to the stand to demo how this fast and secure recycler reduces float levels, downtime and coin starvation.”

For high volume applications requiring multi-denomination recycling, Innovative have designed the Spectral Payout which offers the industry secure, mixed denomination recycling as well as large storage capabilities. This unit offers 80 note mixed denomination recycling and can store all denominations from a given currency at a fast speed and with a high level of security.

Andy added, “Security is always a key focus for our customers. The use of Spectral technology in the NV11 Spectral and Spectral Payout units offer exceptional protection against fraudulent and stained notes and full spectral imaging sensors validates the authenticity of notes.”  

Concluding Andy said, “Ahead of the introduction of the new £20 polymer in 2020 will we be showing Operators how they can access remote currency updates with ReelPay & Live Collect. A mobile app which allows players to transfer funds to any enabled gaming machine quickly and safely, Reelpay offers convenient payment for players while Live Collect revolutionises collection routines and optimises machine utilisation for Operators, including the ability to push out remote currency updates across all machines.”

Innovative plan to demo their latest state-of-the-art innovations on stand 1 at London Olympia, on 1-2 October.

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

Published in News