Innovative Technology’s NV200 Spectral cash handling device has been certified Gold Standard by the Bank Of England.
The Bank’s framework allows manufacturers to test their machines with circulation and artificial counterfeit notes to ensure they only accept genuine notes, with the validator being the only one in its class to do so.
Some of the company’s other products, including the NV9 Spectral, NV200, NV9 and NV10 were awarded Silver Standard
ITL’s customer support manager, James Beswick, said: “We are particularly pleased with the Gold Standard for the NV200 Spectral which is the highest level awarded, making it the only validator in its class to achieve gold standard.
“These results independently acknowledge the reliability and security of all our banknote validators and their ability to identify genuine banknotes and reject counterfeit notes.
"The 2024 machine testing framework has been expanded this year with the addition of the new King Charles notes, so this achievement reflects our capability to provide validators with only the highest level of fraud protection.”
