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Cash handling security in the Retail and Convenience sectors is now a key factor and in accordance with this increased level of awareness, Innovative Technology Ltd. (ITL) has introduced the Tamper Evident Bag System (TEBS). TEBS, a state-of-the-art cash-in-transit system, is at the forefront of cash security technology and revolutionises the way in which cash is handled. TEBS validates banknotes in the exact same manner as ITL’s other popular validators. However, after the banknote has been validated and accepted it is directed into a secure tamper evident cashbag, a preventative measure to discourage anyone from interfering with the cash. Each…

InnoPrint, a subsidiary of Innovative Technology (ITL), is pleased to announce the launch of the InnoHub and InnoServer. The two products enable analogue and digital machines to become TITO-ready and have already been subject to extensive field trials to ensure reliability.The InnoHub is easy to integrate into new installs and older machine upgrades as the unit can be wall mounted anywhere so space is not a concern. The hub is GBG compliant and supports ccTalk and parallel protocols. The unit is networkable over TCP/IP network and features a number of connectivity options including 5 serial ports, 4 USB ports and…

As July 2016 comes around, ITL is celebrating Group Technical Director, Peter Dunlop’s twentieth year at the company.Peter first joined the company on a university placement year in 1995 and was assigned to work on a project to develop a new electronic chip for use in banknote validators. Peter impressed everyone to such an extent that he was invited back to join ITL full time after he had completed his final year of studies. Peter began in the Development team in Royton, which at the time comprised of exactly two people. As the Development department gradually grew over the years,…

Innovative Technology Ltd. (ITL) is pleased to announce that the company’s CR-158 coupon printer now supports Windows drivers. The drivers will make the integration of the printer into operator machines much quicker and easier. The CR-158 is a compact coupon printer that can be implemented in most machines on the market regardless of space constraints. The printer is available with two different bezel options to suit both the European and US markets and also incorporates a high quality, field-proven Seiko print mechanism. Complimentary ticket template software is also included with the unit, allowing for unlimited branding opportunities.VP of Sales for…

The European Central Bank (ECB) today unveiled the new €50 banknote, which will enter into circulation on Tuesday 4 April 2017. The introduction of the new note marks the latest step in making euro banknotes even more secure. After the €5, €10 and €20, the €50 is the fourth denomination in the second series of euro banknotes, known as the Europa series.“The introduction of the new €50 will make our currency even safer”, Yves Mersch, ECB Executive Board member, said. “Its state-of-the-art security features help protect our money. It is part of our continued efforts to preserve the euro as a…