Innovative Technology has been granted Bank of England certification for IT’s range of banknote validators.
The positive result is important for IT with new banknotes coming out in the next year for the UK. The certification is accreditation for the range’s ability to identify genuine and counterfeit notes.
The NV9 USB+ validator, the NV10 USB compact stackerless validator and the NV200 high volume unit, all received 100 per cent grade for accepting genuine notes and rejecting counterfeits.
A new polymer £5 bill is due for release towards the end of this year, meaning a great upheaval for the cash handling industry in the UK.
