nnovative Technology Ltd (ITL) announced on Thursday that the NV200 Spectral obtained once more independent validation from the Central Bank of Russia (CBR), which grants approval to validators that can successfully recognize the difference between genuine and counterfeit banknotes.
ITL's unit passed the test successfully and was able to find all required security features, correctly identify them, and reject all manipulated notes.
Georgiy Frolov, Business Development Manager for Russia, commented on the success, "We are obviously delighted with the outcome as the CBR test is notoriously stringent, so we were very pleased to hear the news that we passed at the end of 2018. The Russian Bank test proves the high level of performance which the NV200 Spectral has and gives the unit independent credibility. The unit received CBR endorsement when it was first launched in 2016 but since then two new denominations (which have a completely different structure), have been introduced - making it even more challenging. Passing the 2018 test is a testament to the hard work of the team at ITL who made this possible."
The NV200 Spectral is a highly secure and technologically advanced banknote validator. State-of-the-art spectral sensors offer complete note image capture (highest spectral coverage) to authenticate the validity of notes. The unit boasts 99%+ first-time acceptance of new and street grade notes with a note to note processing time of 2 seconds.
The unit contains several security features including optical and mechanical anti-strimming technology that delivers outstanding fraud protection. The NV200 Spectral’s cutting-edge note centring mechanism, together with 4-way barcode acceptance bring the user exceptional note handling and increased ticket acceptance rates.
Georgiy concluded, "Passing the CBR test means that we can keep growing our business in Russia and the surrounding former CIS countries which are key areas of growth for us. This Russian Bank approval confirms to our customers that the NV200 Spectral really is the most technically advanced note validator in its class; we look forward to seeing an increase in interest over the coming years in the region."