Innovative hosts Seminar to introduce multifunctional banknote processing solutions

KARACHI: Innovative Pvt Ltd (IPL), Pakistan’s leading Banking Automation and Power Protection Solutions provider hosted a seminar and roadshow for Automation of Currency Note Processing Systems here on 27th January, 2015.

The event, which showcased wide range of banknote processing solutions included live demos of the banknote processing machines and presentations from local and international experts on how these automated solutions are pushing the boundaries of banknote processing and how Pakistan’s banking sector can reap maximum benefits by employing these technologies.

“The event served as a platform to display the versatility and functionality of our currency note processing solutions for our Banking fraternity. These demos will help in understanding of how these banknote processing machines are in line with the recommendations and guidelines of State Bank of Pakistan,” said Naveed Ali Baig, CEO of Innovative Pvt Ltd.

“Thanks to its well-manned engineering and service division, Innovative is fully capable of operating, installing and offering round-the-clock on-ground after sales services across Pakistan and Afghanistan for these banknote processing system.”

The event was well attended by executives mostly from banking sector, including some central bankers who were greatly interested in the system solutions.

About the Machines:

Innovative Pvt Ltd displayed its high-end multifunctional banknote processing systems, which have been specifically developed to meet the needs of cash centers in commercial and central banks, cash-in-transit (CIT) companies, and other areas where intensive use is made of cash.

“These banknote processing and sorting solutions allow you to lower costs and optimize your work flows in a variety of ways, also ensuring greater productivity,” said Ghazal Younus, General Manager, Banking Division – Innovative Pvt Ltd. “The long service life and robust technology of products offered by IPL, the established market leader in banking automation, help to safeguard your investments and enhance your ROI even in tough application environments.”

These systems optimize work processes, reduces costs, and enhances the productivity of banknote processing in a number of ways:
• Broad application range; exceptional versatility
• High throughput; low processing costs
• High availability; designed for endurance
• Intelligent system; intuitive operation
• Ergonomic design
• Maximum security
• Optimum service

About IPL:

Innovative is a leading technology-based solution provider in Pakistan and Afghanistan in the realm of Power Solutions, Data Center Infrastructure Solutions, and Self-service Banking Solutions. With a proud history of 27 years of exemplary service, Innovative has joined hands with Giesecke & Devrient (G&D), APC by Schneider Electric, and Wincor Nixdorf in Pakistan to provide outstanding value to its customers. With the largest service organization and infrastructure for any IT company in Pakistan, IPL has widespread coverage of the entire country. For more information

For machine demos:

Zain Saleem Qureshi
+92 300 8290037

Media Contact:

Ahad Ehtesham
+92 308 8886096