Bank of England grants certification to Innovative Technology’s note validators
The NV9 USB+, the NV10 USB+, the NV200 and the NV200 Spectral all received a 100% grade for accepting authentic banknotes and rejecting counterfeits.
James Beswick, Customer Support Engineer commented saying, “The outstanding result demonstrates the high-level security features of our products as well as our unmatched reliability. We have always emphasized the importance of collaborating with the BoE, as their support allows us to ensure our currency datasets are correct and up to date.”
With the introduction of the new £10 polymer on the 28th April 2017, the cash handling industry is set to undergo a considerable change in the near future. “Here at ITL, we are now looking forward to the new note entering circulation and have worked with the BoE to get prepared for the change. ITL have a great relationship with the BoE and we are already preparing and developing our datasets for the introduction of the new £10 polymer notes. ITL’s note validator range has received BoE approval which independently proves that the company is succeeding in producing quality products at an affordable price,” added Beswick.
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