Innovative Technology Ltd (ITL) are proud to announce that their Spectral Payout banknote recycler has successfully passes Czech National Bank (CNB) test. The CNB is the central bank of the Czech Republic that performs tests on banknote processing devices to check that they can successfully recognise the difference between genuine and counterfeit banknotes.

Sasha Kragulj, Business Development Manager (Central and South East Europe) commented on the success, “We are delighted with the outcome as the CNB test is notoriously stringent with many equipment providers failing. Our device is one of the few validators in its class to have passed the test, which is testament to the hard work and technical expertise of the team at ITL and I am proud to be a part of this. The Spectral Payout was able to find 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 test proves the high level of performance and superior technology against all direct competitors, and gives independent credibility and confidence to our customers using this device.”

ITL’s Spectral Payout is a superior mixed denomination note recycling device which utilises the NV200 Spectral banknote validator.  Used in many industries, it eliminates coin starvation to keep machines operational.

Sasha continued, ”Our recycler uses Spectral Technology with state of the art spectral sensors to give complete note image capture (highest spectral coverage) to authenticate the validity of notes and detect any fraudulent or 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 customers that this device 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.”