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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…

   The CashGenic automated cash system is an effective way of keeping your staff and customers safe with a single, easy-to-use solution.Utilising leading automated cash management technology, CashGenic eliminates the need for staff to handle cash whilst ensuring transactions can be completed in a safe, socially distanced way. A transaction total is entered on the touchscreen provided, and customers pay their cash directly into CashGenic’s intelligent note and coin recyclers. This automated cash dispenser, ensures the correct change is quickly issued to customers and generates significant staff time savings by reducing the need to count and reconcile cash.CashGenic creates an automated cash…

InnoPrint, a subsidiary of cash handling specialist Innovative Technology, has today announced it will be launching its range of innovative coupon and receipt printing products at the Retail Business and Technology Expo (RBTE) as part of its entry into the major retail space.   The event will be the first opportunity for retail industry professionals from across the globe to see the InnoPrint range, which has been designed to deliver innovative, cost effective print solutions to retailers.   InnoPrint’s Development Director, Chris Robinson explained, “The success of Innovative Technology’s NV200 and SMART Ticket showed there was a clear opportunity to…

Wincor Nixdorf and Innovative Technology announce partnership to provide entry solutions for automated cash handling at the Point-of-Sale   Wincor Nixdorf and Innovative Technology announced a joint partnership across Europe to develop a number of entry cash handling solutions for the Retail Sector.  With a relationship dating back to 2013 the companies have signed a partnership agreement that will see them develop retail point of sale payment solutions. Sales Director from Innovative Technology, Tony Morrison said, “Wincor Nixdorf has an established, successful relationship with the Retail Industry, and a trusted global service and support network. By working in partnership we…

The European Central Bank today unveiled the new issue €20 banknote that will enter circulation Wednesday 25th November 2015. As a manufacturer of cash handling equipment we will have access to the new €20 note in advance of its official release. We will add the new €20 into all applicable Euro datasets over the coming months and release new datasets in due course – providing operators with sufficient time to update all of their validators in the field before 25/11/15. Speaking at the launch event ECB President, Mario Draghi said “Every central bank needs to upgrade its banknotes periodically to…