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Retail Technology

Innovative Technology Ltd.

Innovative Business Park Derker Street, OL1 4EQ Oldham
United Kingdom of Great Britain and Northern Ireland

Hall map

EuroShop 2020 hall map (Hall 6): stand A51

Fairground map

EuroShop 2020 fairground map: Hall 6

Our range of products

Product categories

  • 07  Retail Technology
  • 07.16  Cash management, storage and transport
  • 07.16.02  Coin and banknote counterfeit detectors

Our products

Product category: Coin and banknote counterfeit detectors

NV200 Spectral

The NV200 Spectral is a highly secure and technologically advanced banknote validator. State of the art spectral sensors offer complete note image capture (highest spectral coverage) to authenticate the validity of notes. The unit boasts 99%+ acceptance of new and street grade notes with a note to note processing time of 2 seconds.

The unit contains a number of security features including optical and mechanical anti-strimming technology that delivers outstanding fraud protection. The NV200 Spectral’s cutting-edge note centring mechanism, together with 4-way barcode acceptance bring the user exceptional note handling and increased ticket acceptance rates. 

An add-on module is available, Spectral Payout to allow mixed denomination note recycling.

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Product category: Coin and banknote counterfeit detectors

Spectral Payout

The Spectral Payout boasts superior mixed denomination note recycling and the most technically advanced note validation technology. An 80 note ‘true’ mixed denomination recycler the Spectral Payout can store all denominations from a given currency, eliminating coin starvation & reducing the coin float level required to keep machines operational. State of the art spectral sensors offer complete note image capture (highest spectral coverage) to authenticate the validity of notes and detect stained notes. 

Auto-centering technology straightens notes before reading and all notes in the Spectral Payout can be transferred to the cashbox for easy collection.

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Product category: Coin and banknote counterfeit detectors

Spectral BNF

The Spectral Bunch Note Feeder has a large deposit capacity with the ability to present 100+ notes, quick acceptance speed, and an impressive 2200 cashbox for large scale applications. Notes enter the validator from the bottom of the note pile so constant refill is available, significantly minimising refill time.

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Product category: Coin and banknote counterfeit detectors

NV200S + Safe Interface

The Safe Interface is an advanced note validator for smart safe and deposit applications. Utilising the NV200 Spectral, the unit's design allows customers to gain access to the validator head while the cash is securely stored inside the smart safe, providing an enhanced level of security.

 
A Spectral BNF (Bunch Note Feeder) can be added to the Safe Interface to facilitate multi note deposits of 100 notes, further maximising cash efficiency.

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Product category: Coin and banknote counterfeit detectors

ICU

Automate Age Verification

Quickly and accurately determines customers suitability to access age-restricted goods/services. 

  • 96% success in identifying under 18’s
  • Complete process takes less than 1 second
  • No third party fees or ongoing costs
  • Advanced Spoof detection

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Company news

Date

Topic

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Feb 4, 2020

ITL show retailers how to secure cash handling at EuroShop 2020

ITL will be showcasing their Spectral Technology at EuroShop on 16-20 February 2020 at Messe Düsseldorf, Germany on booth 6A51. EuroShop is the world’s largest trade fair for retail investment requirements with over 500 international exhibitors. The key theme for 2020 is “Retail Technology”.

Thorsten Labusch, VP of Sales & Business Development RKB commented, “This year we plan to extend our presence at EuroShop and show customers how to generate cash handling efficiencies in the Retail environment.”

“Our growing retail portfolio offers customers numerous advantages such as fast bulk note processing speeds, eliminating shrinkage, reducing overall operation costs and automating age checks to speed up queues at selfcheckouts. Of course, security is always high on the agenda for the industry and with our Spectral Technology retailers have the highest level guaranteed. Spectral Technology uses state-of-the-art spectral sensors to offer complete note image capture for exceptional protection against fraudulent and stained notes.”

Thorsten continued, “We will be previewing some new products in our Spectral range, designed specifically for the retail sector. 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.”

Thorsten added, “Another retail technology available on the booth for customers to demo will be ICU. This automated age verification device helps retailers manage the sale of age restricted goods, ensuring compliance. ICU does not require pre-registration or human intervention and quickly and accurately predicts age to determine customers suitability to purchase. Retailers avoid unwanted fines and prosecutions as the chance of selling goods to underage customers is diminished. Speeding up age approvals also dramatically reduces queues resulting in faster throughput, increased revenue and improved customer experience.”

Concluding Thorsten said, “At the beginning of January myself and some of my retail colleagues attended NRF in the US and following a positive response towards our retail portfolio we look forward to showing EuroShop visitors how they can benefit from our retail offerings. Come to booth 6A51 to see our technology in action.”

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About us

Company details

Living up to our name
A leading provider of cash handling technology we enable businesses across the world to handle coins, notes and tickets more efficiently, reducing cash related security risks and improving their customers' experience.

As an innovation-led global technology company, we research and develop a broad range of state of the art cash handling products for the gaming, amusement, vending, retail and kiosk markets.

With over 25 years’ experience, we have grown to become one of the leading providers of cash handling technology in the world; manufacturing banknote validators, banknote recyclers, multi-coin hoppers and ticketing products that handle millions of transactions every day for some of the world’s leading companies.

We have a growing international presence with commercial operations across the globe, two manufacturing sites, a rapidly expanding R&D centre and a network of over 20 trading partners.

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