News | Currency News

Astrid Mitchell

29 March 2021

2 min read

Goznak Moves into Digital Payments

Russian banknote printer and papermaker Goznak is the latest in a series of currency suppliers to move into digital payments, having signed an agreement to acquire a stake of 50% plus one share in fintech company Preprocessing Settlement Center JSC (JSC PRT), which operates under the Uniteller trademark.

Companies

Astrid Mitchell

29 March 2021

5 min read

COVID-19 Recovery Dominates Markets

This is now the fifth Industry Watch where COVID-19 has been the main influence on company performance and market trends, and this situation is unlikely to change any time soon.

Companies COVID-19

Astrid Mitchell

29 March 2021

2 min read

Prosegur Takes Over Services from Cash Subsidiary

Prosegur Compañia de Seguridad (Prosegur) and its listed subsidiary Prosegur Cash have reached an agreement for the acquisition, by the former, of most of the process outsourcing and value-added services business developed by Prosegur AVOS, which was founded and is owned by the latter.

Companies

Astrid Mitchell

2 March 2021

2 min read

New Home for SICPA Down Under

The reputation of the Reserve Bank of Australia’s Craigieburn site in Melbourne as the world’s most unique banknote precinct has been strengthened with the arrival of SICPA Australia, which is basing its headquarters there. Note Printing Australia (also located on the site) has a long-term supply agreement with SICPA, and the RBA is committed to the use of SICPA proprietary features such as SPARK Live™ on its banknotes for the foreseeable future.

Companies

Astrid Mitchell

2 March 2021

3 min read

UK Cash Industry Joins Forces to Meet Climate Targets

In the last quarter of last year, the UK bank NatWest established three cross industry working groups to improve the environmental performance of the UK’s cash cycle. Involving 36 organisations, the working groups looked at energy, plastics and CO2 to establish best practice and to drive change.

Companies Sustainability

Astrid Mitchell

2 March 2021

5 min read

News In Brief

Prosegur, including its cash business Prosegur Cash, is the first security group to sign up to ‘The Climate Pledge’, a commitment to achieve net zero carbon by 2040. The Climate Pledge initiative was created by Amazon and Global Optimism in 2019 and 53 companies are now signed up to it.

Companies News Technology

Astrid Mitchell

2 March 2021

5 min read

Cash Industry Leaders – What a Difference a Year Makes

January and February are when six of the leading listed companies in cash report their annual results for the previous year. The time last year, all but one reported strong results and optimistic outlooks.

Companies

Astrid Mitchell

2 March 2021

3 min read

CEO Baton Passed on at Koenig & Bauer

2021 started with the CEO of Koenig & Bauer, Claus Bolza-Schünemann, handing over the baton to Dr Andreas Plesske, board member responsible for Koenig & Bauer’s Special segment, which includes Banknote Solutions.

Central Banks Companies News

Astrid Mitchell

2 March 2021

3 min read

Shrap Offers a Future Without Coins

At the Future of Cash conference, Chris Forero-Slee introduced his business, Shrap. As he said, he does not expect to be popular with those who make their living from or who like coins. Shrap (the company presumably takes its name from shrapnel, ie. fragments of shells or bullets but also a colloquial term for small change) is a solution that offers an alternative to coins, which they regard as a ‘pain point’ in payments.

Coins Companies

Latest News

Goznak Moves into Digital Payments

COVID-19 Recovery Dominates Markets

Prosegur Takes Over Services from Cash Subsidiary

New Home for SICPA Down Under

UK Cash Industry Joins Forces to Meet Climate Targets

News In Brief

Cash Industry Leaders – What a Difference a Year Makes

CEO Baton Passed on at Koenig & Bauer

Shrap Offers a Future Without Coins

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