Innovative Technology showcases new retail products stateside at NRF 2019

At NRF - Retail’s Big Show, Innovative Technology's new Spectral Bunch Note Feeder (BNF), Safe Interface, SMART Coin System plus ICU; age recognition device, all went down a storm with the visitors in The States.

Rebecca White, VP Sales & Business Development commented, "This year we took our largest ever dedicated booth at NRF and it gave us the opportunity to network with some of the largest retail organizations and OEMs from across the globe. We had a significant number of international visitors all wanting to know more about our next generation retail and smart safe products." 

"We previewed the Spectral BNF (Bunch Note Feeder) with a large 2200 cashbox and looking at the feedback we received towards this pre-launch product at the show, we know it’s going to be a game changer for the smart safe and retail industries. The BNF has a large deposit capacity with the ability to feed in 100+ notes at once. This highly reliable product combined with fast acceptance speeds of less than 2 seconds across multiple currencies, make it particularly attractive for retailers and smart safe customers. The BNF uses the NV200 Spectral validator so the highest level of security is ensured because of our high-resolution imaging which authenticates the validity of bills." 

Rebecca continued, "Smart safe customers were impressed with our unique Safe Interface option. They could see the real benefits of utilizing the BNF and Safe Interface together to improve their back-office operations. The combined unit allows customers to gain access to the validator head (and BNF) while the cash is securely stored inside the smart safe. This gives an enhanced level of security and provides ease of access for maintenance for smart safe and deposit applications." 

ITL’s new ICU device also attracted high interest at NRF. ICU is Innovative’s state-of-the-art age verification device that automates the policy for controlling access to age-restricted purchases and premises. Using intelligent biometric algorithms; ICU verifies age for the purchase of restricted products such as alcohol. Automation is key; with retail self-service check-outs a key application where both customers and retailers can benefit from automating the age verification process for restricted purchases.

Rebecca concluded, "We also showcased our SMART Coin System (SCS) – a bulk coin validator, mixed coin hopper and recycler in one, which proved popular with the NRF visitors. Boasting a market leading coin hopper capacity and payout speeds of up to 12 coins per second the unit validates, discriminates and stores mixed coins, eliminating coin starvation, the need for multiple hoppers and improving cashflow. Overall, NRF was a great show for us this year and continues to be a very important exhibition for us within the retail industry. The 2019 show gave us a fantastic opportunity to test out some new products in this growing and rapidly changing market."