ITL showcase new retail solutions at EuroCIS to improve efficiency and reduce costs

Innovative Technology Ltd (ITL) will be joining industry professionals at the end of this month at EuroCIS 2022 – the Leading Trade Fair for Retail Technology. They will be showcasing some exciting new retail solutions in Hall 9 stand A19 which are set to transform cash handling for the retail industry. The event, which takes place in Düsseldorf, Germany from 31st May – 2nd June 2022, is long-awaited by many in the retail industry after a series of postponements due to the COVID pandemic.

Commenting on their presence at the show, Thorsten Labusch, VP of Sales & Business Development for ITL said, “We have a larger stand at EuroCIS this year to allow us to bring something new to the industry! An advanced, high volume mixed bill recycler, this revolutionary innovation is designed specifically for retail checkouts to accelerate customer throughput. This new product will automate floatmanagement to keep machines running and significantly reduce expensive service calls. Plus, its significant recycling capabilities resultsin fewer refills to increase staff efficiencies.”

Thorsten continued, “Our latest biometric solutions offering anonymous age estimation will also be a focal point on the stand. We will demonstrate how easy and affordable it is to implement a highly accurate AI-based biometric age estimation solution to help retailers avoid selling age-restricted goods to minors.  ICU Lite can be implemented directly into self-checkout terminals or kiosks and MyCheckr is a stand-alone device designed for manned checkouts to give an extra level of assurance when till operators are checking age ID. Because all processes are performed locally with no recurring fees per age estimation, they provide a cost-effective solution available for all. ICU technology can also be used to perform 1:1 face match comparison for photo ID purposes and for consumer targeted advertising.”

Concluding Thorsten said, “The team will also showcase how CashGenic – hygienic cash automation solution can be used in various settings to automate the counting and handling of cash, therefore saving time and generating greater efficiencies for businesses. EuroCIS visitors will be able to demo our full retail Spectral range including our advanced recycler, the Spectral Payout perfect for multi-denomination recycling at fast speeds and Spectral BNF (bunch note feeder) for large-scale cash deposits. The demos we have planned for our stand will show how simple it is to install and combine our retail products to give an end solution ideal for retailers. We look forward to seeing existing and new customers at the show and welcome visitors to our stand anytime throughout the three-day event.”