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Innovative Technology extends presence in Asia-Pacific gaming industry with Jade Entertainment and Gaming Inc partnership Innovative Technology, a leading global provider of cash handling technology to the gaming industry, today announced a new partnership with Jade Entertainment and Gaming Technologies Inc (Jade) to extend its activities across the Asia-Pacific region, particularly in the rapidly growing Philippines market. Headquartered in Manila, Jade is a leading distributor of gaming machines in the region, partnering with some of the world’s leading manufacturers. It also has a growing presence in the banking, retail and kiosk sectors, key markets for Innovative Technology’s future expansion. Over…

Innovative Technology, a leading global provider of cash handling technology, will be displaying its latest banknote recycling product, the SMART Payout, at VendItalia next month, as the trend towards cash recycling continues to grow in the vending market.   With average transaction prices continuing to rise, and the impact of the 2014 VAT rate increase still being felt, vending operators are increasingly adopting cash recycling technology to boost profitability, by improving purchase rates and reducing ownership costs.   Innovative Technology’s SMART Payout and NV11+ cash recyclers, enable vending machines to accept a wide range of banknotes, dispensing change with the…

Innovative Technology (ITL), the cash handling specialist, today announced that Bally Wulff Cash Management GmbH, has adopted its new SMART Coin System following a successful field trial.   The two companies began their collaboration on the project for new smaller, more flexible change machines in the spring of 2014, with field trials using the SMART Coin System starting quickly after. During the six month trial the system’s speed and operational performance was evaluated, achieving outstanding results.     Andreas Günther, Managing Director of Bally Wulff Cash Management GmbH said: "When we first heard about this new all-in-one coin handling solution…

Last week Innovative Technology, a leading global provider of cash handling technology, exhibited at FER Interazar in Madrid, unveiling its latest revolutionary product, the SMART Coin System, to the Spanish gaming and amusement sector. Operators and manufacturers from across Europe were excited by the significant performance and cost savings that the SMART Coin System delivers. Launched in February, the SMART Coin System validates, discriminates and stores mixed coins, eliminating coin starvation and the need for multiple hoppers. It boasts a market leading hopper capacity of 1500 x €1 and coin pay-out speed of up to 12 coins per second, perfect…

Last week Innovative Technology exhibited at VendExpo in Moscow,showcasing its range of innovative cash handling products to vending operators and manufacturers from across Russia, Eastern Europe and Asia. Innovative Technology’s full product range was on display with a number of note validation products, ideal for vending applications, as well as new ‘SMART’ products including - the SMART Ticket and SMART Coin System.The hot topic of discussion on the stand was maximising cost savings in order to boost the profitability of vending machines. Lina Kazantseva, Innovative Technology’s Business Development Manager for Russia commented: “VendExpo was an ideal vehicle for us to demonstrate…