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Currency exchange machines featuring facial recognition technology have been installed in a variety of airports and travel hubs across Europe, in a bid to streamline the user experience and safeguard against fraudulent behaviour.Currency exchange kiosks may provide the opportunity for criminals to convert illegally obtained cash, making it harder to trace the criminal activity in line with anti-money laundering (AML) protocols. Many countries have implemented transaction limits per day for all users of currency exchange machines as one way to combat this, but this may require customers to show ID and retain detailed records.However, Swiss manufacturer ECEX Group uses facial…

Innovative Technology (ITL) plan to showcase their latest innovations ideal for the retail industry at the forthcoming UK Retail Technology Show (RTS) which takes place on 26 – 27 April 2023, at Olympia, London. The exhibition brings together Europe’s most forward-thinking retailers and leading tech innovators.Commenting on ITL’s involvement, Chris Wright, UK Business Development Manager said,  “RTS is aimed at retail and hospitality organisations looking for the right tools and advice on how to enhance customer experience, increase operational effectiveness and drive sales. We have our latest solutions ready to show retailers how to achieve these aims quicky and successfully,…

Innovative Technology Ltd. (ITL) are pleased to welcome Thanawan Lokniyom, Customer Support Engineer, based in Bangkok, Thailand. Thanawan’s role is to provide customer support and technical advice to ITL customers across South-East Asia (SEA).Commenting on his role at ITL, Thanawan said, “I first joined the support team in October 2022, and I am settling into my role well. I have recently returned from a visit to the UK Head office and regional office in Germany where I spent several weeks taking part in a detailed product training and induction programme. It was fantastic to meet my colleagues face to face…

Innovative Technology Americas, Inc. are delighted to announce that they have recently re-joined NACS – The National Association of Convenience Stores. Founded in 1961,  NACS is the leading global trade association dedicated to advancing convenience and fuel retailing. Based in Virginia, it serves as an advisor to over 1,300 retailer and 1,600 supplier members from more than 50 countries, providing industry knowledge, connections and advocacy.VP of Sales & Business Development for ITL Americas, Rebecca White said, “This membership represents our commitment to strengthening our presence in the growing retail and convenience store market in America. Our US operations has seen…

Innovative Technology reported a successful debut at INTERNORGA – the Leading Trade Fair for the Hospitality and Restaurant Industry, held in Hamburg last week. Commenting on ITL’s first appearance at the exhibition, Thorsten Labusch, VP of Sales & Business Development said, “It was great to network and showcase our latest products to the hospitality industry which is relatively new to us. We spoke to many end users from hotels, restaurants, bakeries, and confectioneries and our cash handling and biometric age estimation solutions were both of particular interest.” ITL’s CashGenic - hygienic cash automation solution - automates the counting and handling of coins…