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The new €10 banknote enters circulation today, Tuesday 23rd September 2014.   The new €10 is easily recognisable with a design similar to the existing €10 note. The design incorporates advances in banknote technology, making the note even more resistant to counterfeiting and it will also be more durable.   The new €10 euro is included in all applicable ITL Euro and Euro Mixed datasets and is available to download free from the Technical Support area of our website. To ease the update process for customers across Europe we have released a new DA3 SMART Update Tool, allowing customers to quickly update their…

Innovative Technology is proud to announce the release of the latest advancement to their ground-breaking SPF™ currency validation technology, SPF™3.   What is SPF™ Technology?   Innovative Technology has been using SPF™ technology to validate banknotes since its introduction in 2004. Sensor responses from the validator are digitised to produce a stream of numerical data, SPF™ uses advanced mathematical algorithms to analyse this stream of numbers when deciding whether to accept genuine or reject counterfeit notes. In order to maintain the industry-leading speed and accuracy of their validation products, it is vital the mathematical techniques used by ITL remain at…

Stefano Mandelli is Business Development Manager in Italy heading up our new office in Milan, to support our existing company base in Europe.   Ciao. I’m Stefano, 40 years of age; I live near Milan with my wife and two children.   After studying for a diploma at the Technical Institute in Milan, I joined one of ITL’s trading partners in Italy, where I remained for 15 years during which time I completed a number of courses in sales and leadership. My time there allowed me to grow professionally and within a few years I became a Sales Manager in…

Your chance to join one of the fastest growing private companies in Britain...   Recently named the 13th fastest growing private company in the UK we are recruiting and looking for fantastic individuals to join our new Milton Keynes office. Since its establishment in 1992, Innovative Technology has grown steadily to become a market leading provider of cash handling equipment. Over the past six years the growth has been exponential, with increases in all areas of the business; ITL staff numbers in the UK have grown by 71% and as a group, globally by a staggering 125%.   Following another fantastic year of growth and global expansion, ITL is looking for talented Engineers to…

ITL Down Under ... In the latest ITL Working Life Blog meet Kerry Cowan, Sales Director Asia Pacific who will be heading up our new office in Brisbane, Australia.   G’ Day! I’m the new guy based in Australia …   Originally from New Zealand I emigrated to Australia with my wife and two daughters over 15 years ago. Although daunting at the time it turned out to be one of my better life choices as it has provided many opportunities for all of us.   I’ve worked in various sales roles over the years, shortly after arriving in Australia I…