Following the release of the new €5 note, Innovative Technology’s note validators have received the approval of the European Central Bank for their ability to recognise genuine notes.

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The UK-based company’s NV9 USB, NV10 USB and NV200 note validators were tested at De Nederlandsche Bank in Amsterdam, Netherlands, where all were found to recognise genuine euro banknotes and reject counterfeit ones.

“These test results from the ECB themselves, independently acknowledge the acceptance reliability of Innovative Technology’s note validators,” said the company’s Dayna Patterson. “The first in a series of new issue Euro notes, the €5 was widely publicised before it entered circulation. By working with the ECB we were able to ensure that our complete product range was ready for the new note in advance of it’s release, and ease the update process for our European Customers.

“Since their launch, the NV9 USB, NV10 USB and NV200 have repeatedly received 100 per cent for their ability to recognise genuine euro bank notes.”