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Innovative Technology Ltd are pleased to establish a service partnership with Alphonic Technology, a trusted provider of reliable automated cash handling solutions based in Kuala Lumpur, Malaysia.  Alphonic Technology service and repair cash validation machines for various industries such as Amusement, Transportation, Gaming and Retail & Kiosk.Kravitz Liew, Business Development Manager for Southeast Asia commented, “We have been working closely with Alphonic for a number of years now, so I am pleased to have formally agreed this service partnership with them.  Koo Yee Kit, MD for Alphonic, has a long-standing relationship with Innovative and brings extensive industry knowledge to the…
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By Dr. Andrew O’Brien ICU Product Manager November 2020 The use of biometrics and facial recognition technologies to identify and verify individuals is being rapidly deployed and becoming commonplace across a wide range of industries. Despite some unease in terms of consumer privacy, overall, it has the potential to positivity transform our everyday lives and can bring advanced security benefits with improved accuracy, speed and contactless interaction.   Biometrics: the growth of Neural NetworksBiometrics use an individual’s unique biological characteristics to verify identity.  Different biometric techniques include using fingerprints, faces, iris scanning, voice analysis and so on.  Biometrics has the potential to be…
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Despite India’s government implementing schemes, such as the demonetisation of all 500 and 1000-rupee notes in 2016, to encourage the country to go cashless, there is still high demand for banknotes. According to the Global Cash Index™, cash continues to hold a significant role in Indian culture and is seeing growth rather than decline - cash is still very much king in the region.Commenting on the popularity of cash in the region Marcus Tiedt, Sales & Marketing Director of Innovative Technology Ltd (ITL) said, “With over a billion people living in India a large percentage of them still transact in…
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Innovative Technology, cash handling and validation experts, have partnered with several suppliers in the UK to distribute their latest product aimed at making cash payments safer and more hygienic. CashGenic was launched during the height of the COVID pandemic as a solution for those customers wanting to pay by cash safely during a time when coins and banknotes were being unjustly portrayed as high risk in terms of transmission.Tony Morrison, ITL Group Sales Director, commented, “Whilst the World Health Organisation and other institutions found no evidence to confirm that COVID-19 can be transmitted through coins or banknotes, many retailers were…
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Innovative Technology Americas, Inc. welcomes Lauren Fabbri, Business Development Manager for the US market focusing on Gaming, Amusement and Vending. Lauren joins the US team and is responsible for generating new sales opportunities in this vibrant and ever-changing marketplace.Welcoming Lauren to the organization that specializes in cash management and validation, Rebecca White, VP of Sales & Business Development, said, “We are delighted to have Lauren onboard. As well as establishing new business, Lauren will account manage our existing customers, monitor sales trends, educate prospective customers on products, identify emerging markets, and represent ITL at various state and national trade association…
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