Innovative Technology to preview new Spectral retail products at EuroShop 2020

Innovative Technology (ITL) will be showcasing its 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 self-checkouts.”

“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,” he added.

Labusch said that ITL will be previewing some new products in its 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. He said 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.

He continued: “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, Labusch 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.”