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Innovative Technology Ltd (ITL) are proud to announce that another banknote validator has passed the Czech National Bank (CNB) test. Their flagship NV4000 muti-note recycler is the latest device to join the list of banknote processing devices which can successfully recognise the difference between genuine and counterfeit banknotes when tested by the central bank of the Czech Republic.
Sasha Kragulj, Business Development Manager (Central and South East Europe) commented, “We are delighted with the outcome especially as it quickly follows the success of Spectral Payout which passed last October. The CNB test is notoriously stringent, and not all equipment providers pass so we very proud of this achievement. The NV4000 is our most advanced muti-note recycler and the test found that it can successfully detect all required security features, correctly identify them, and reject all manipulated notes to ensure that change is securely dispensed with no suspicious banknotes paid out. The Czech Bank criteria confirms its high level of performance and superior technology and gives independent credibility and confidence to our customers currently using or considering employing this device. Congratulations to all the team at ITL for making this happen.”
NV4000 is an advanced, mixed denomination bill recycler, ideal for retail applications such as self-checkout, high volume redemption machines and banking payment terminals in the Czech Republic. It accelerates customer throughput, significantly reduces expensive service calls and improves staff efficiency. Utilised in many industries, it eliminates coin starvation with fewer refills required, ensuring terminals remain operational.
Sasha concluded, ”Our recycler uses Spectral Technology with state of the art spectral sensors to give full image capture to validate the authenticity of banknotes, rejecting fraudulent and stained notes. It also has several security features including optical and mechanical anti-strimming technology to deliver outstanding fraud protection. Passing the CNB test means that we can continue to grow our business in the Czech Republic and confirms to our retail and banking customers in the region that the NV4000 is successfully providing the highest level of security for cash handling. We look forward to seeing an increase in interest over the coming years in the region.”
The list of tested banknote processing devices can be found here on the CNB website