Latest News

Astrid Mitchell

2 July 2023

3 min read

Diebold Nixdorf Enters Chapter 11 to Restructure Debt

Whilst NCR appears to be going from strength to strength, the same cannot be said of Diebold Nixdorf, No 2 in the marketplace.

Companies

Astrid Mitchell

2 July 2023

4 min read

Be Bold. Buy the Best.

If you are responsible for the design and issue of a new banknote, you face a daunting task. As the latest edition of Currency News™ suggests, it can be a complex and unenviable undertaking. Frankly, good luck!

Banknotes Free Free

Kerre Corbin

2 July 2023

2 min read

Counterfeit Corner

This month I would like to discuss the proliferation of novelty notes, which are purchased online and used in exchange for goods and services.

Counterfeiting

Astrid Mitchell

2 July 2023

4 min read

News in Brief

SICPA has formally inaugurated the unlimitrust campus, the world’s first centre of excellence dedicated to the Economy of Trust which is assembling innovation players into one single community.

News

Astrid Mitchell

2 July 2023

3 min read

NCR – Momentum Builds for Separation

NCR Corporation is the market leader in self-service banking and payment solutions, with a turnover of $7.83 billion in 2022, more than double that of its nearest rival, Diebold Nixdorf (see below).

Companies

Astrid Mitchell

2 July 2023

3 min read

Awards for Best in Latin American and Caribbean Banknotes

The prestigious Regional Banknote and ID Document of the Year Awards form part of the industry’s annual High Security Printing™ (HSP) Latin America conference.

Events

Astrid Mitchell

2 July 2023

2 min read

A Good Year for South Africa’s Producers

In its annual report for 2022-23, the South African Reserve Bank (SARB) has provided details of the financial performance of its minting and banknote printing subsidiaries South African Mint (SAM) and South African Bank Note (SABN).

Central Banks Companies

Astrid Mitchell

2 July 2023

2 min read

Jamaica Makes the Change

The Bank of Jamaica’s new banknote series has now gone into circulation, marking a complete transition to polymer for the country’s currency.

Banknotes

Nikki Strickland

2 July 2023

5 min read

Design Thinking: Security that is Greater than the Sum of its Parts

Banknote users see a holistic banknote when they transact but our industry doesn’t always think holistically. A significant proportion of our time is focussed on individual components and, whilst these are incredibly important, we risk overlooking the essential role of integration in unlocking the next wave of banknote innovation.

Banknotes Technology

Astrid Mitchell

2 July 2023

1 min read

MDC Coin Awards Now Open for Nominations

Nominations are now open for the MDC’s prestigious Coin Awards. Last held in 2018, the awards recognise industry achievements in the design, production and packaging of coins, as well as, for the first time, sustainability in minting.

Events

Astrid Mitchell

2 July 2023

2 min read

Cash & Payment News

Cash & Payment News™ is our sister publication and, in its coverage and analysis of how cash is used and the wider payments eco-system, is a perfect complement to the issues covered by Currency News™.

Cash Handling

Astrid Mitchell

2 July 2023

3 min read

Currency Conference: An Industry in Change – Part 1

The Currency Conference took part in Mexico City in May 2023, overlapping with the Digital Currency Conference. This report is the first of two summaries of the conference.

Events

Astrid Mitchell

2 July 2023

4 min read

Laws to Protect Cash Gain Momentum

The European Commission, the European Union’s executive arm, has published a proposal on the legal tender status of euro banknotes and coins. The proposal is part of the Single Currency legislative package which also includes a legal text on a digital euro.

Cash Handling

Astrid Mitchell

2 July 2023

3 min read

Indian Banknote Firm Eyes Global Growth

‘Make in India’, the long-running government-sponsored initiative to ‘on-shore’ production and reduce imports, is now resulting in Indian entities becoming global providers.

Banknotes Companies

Astrid Mitchell

2 July 2023

4 min read

Armaguard/Prosegur Merger Goes Ahead

The Australian Competition and Consumer Commission (ACCC) has finally approved the merger of Australia’s two largest cash in transit companies – Linfox Armaguard and Prosegur Australia. The merger will create a single cash logistics provider, operating under the Armaguard name, with an estimated market share of more than 90%.

Companies

Astrid Mitchell

2 July 2023

8 min read

Central Banks and Cash Round-Up

In this, the latest in our monthly summary of central bank annual reports, we look at Thailand, India, Peru, Tunisia, Timor-Leste, Ukraine and Hong Kong.

Central Banks

Astrid Mitchell

2 July 2023

2 min read

In Other News…

The Central Bank of Egypt (CBE) has issued a new 20 pound (LE) note on polymer, following the issue of a polymer LE10 last year.

News

Astrid Mitchell

31 May 2023

3 min read

India Withdraws Top Denomination

The Reserve Bank of India (RBI) has announced the withdrawal of the 2,000 rupee banknote from circulation, albeit that it will continue to be legal tender. Even so, the public is being urged to exchange the notes before 30 September, marking the end of this denomination which was only introduced in 2016.

Banknotes

James Shepherd-Barron

31 May 2023

3 min read

Cash is as Important as Food

As the crisis in Sudan appears to be sliding inexorably towards civil war, the UN and its non-governmental partners are planning for a protracted humanitarian catastrophe.

Cash Handling

Astrid Mitchell

31 May 2023

8 min read

Central Banks and Cash Round-Up

In a continuation of our new series in Currency News providing a summary of the latest central bank annual reports to be released, this month is the turn of the Bahamas, Canada, Jamaica, Mauritius, Nepal and the UAE.

Central Banks