Latest News

Astrid Mitchell

29 June 2022

1 min read

Celebrating 75 Years Through Coins

India’s Prime Minister, Narendra Modi, has launched a special series of coins to mark the country’s 75th anniversary of independence, at a special ceremony organised by the Ministry of Finance and Ministry of Currency Affairs.

Coins

Antti Heinonen

29 June 2022

8 min read

A Global Update on Cash Demand in Turbulent Times: Part I

Currency News™ has published annual updates on the banknote developments at the global level since September 2017. The hope that this year’s update would illustrate some kind of return to a new normal in cash demand has proved to be unrealistic.

Studies, Reports

Astrid Mitchell

29 June 2022

5 min read

A Vision of a Circular Economy for Banknote Waste

Not many people know that Royal Dutch Kusters Engineering (Kusters) used to make fluorescent lamp recycling equipment for the electronics giant Philips, glass recycling for the brewer Heineken and coffee pod recycling for Sara Lee.

Companies Sustainability

Astrid Mitchell

29 June 2022

2 min read

CCL Secure Reduces CO2 Emissions by 26% in UK

CCL Secure has achieved a 26% reduction in carbon emissions per tonne of product at its Wigton site in England since 2018. With the support of sustainability consultants Verco, CCL Secure has reduced manufacturing emissions across all three scopes of greenhouse gases, without the inclusion of carbon offsets and market based instruments.

Companies Sustainability

Astrid Mitchell

29 June 2022

3 min read

The Cash Paradox? Is It All About to Change?

Both before, during and since the two years of COVID, the industry has become very aware of what has become known as the cash paradox, identified as the continued growth of cash in circulation compared with a country’s GDP, despite its declining use for payments.

Cash Handling

Astrid Mitchell

29 June 2022

2 min read

White Nights for HSP EMEA

High Security Printing™ EMEA took place 13-15 June in Tallinn, Estonia’s capital on the Baltic Sea. Famed for its ‘white nights’ in mid-summer, when the sun hardly sets, Tallinn is the country’s cultural hub.

Events

Astrid Mitchell

29 June 2022

2 min read

BSP Moves Forward with New Production Facility

The Bangko Sentral ng Pilipinas (BSP) has received approval for a budget of at least P25 billion ($450 million) for the construction of its new Currency Production Facility (CPF) in a 31.2 hectare complex in New Clark City in Capas, Tarlac.

Central Banks

Astrid Mitchell

29 June 2022

4 min read

New Look, More Security for the Latest in a Long Line of Tunisian Banknotes

In April, the Central Bank of Tunisia completed the introduction of its latest series of four banknotes, the 11th since its inception in 1958, making it one of Africa’s most prolific banknote issuers.

Banknotes

Astrid Mitchell

29 June 2022

2 min read

People in the News

The Governor of the Sveriges Riskbank, Stefan Ingves, will step down at the end of this year, to be replaced by the country’s chief financial regulator, Erik Thedéen.

News

Astrid Mitchell

29 June 2022

2 min read

ICCOS Asia is Back

The Asia Cash Cycle Seminar returns to its live and in person format, after a three-year hiatus, taking place 5-7 September in Manila, 10 years after it was last held in the Philippines.

Events

Astrid Mitchell

29 June 2022

3 min read

TFoC Returns with Innovation at Heart of Format and Topics

The Future of Cash conference, which returns this year as an in-person event taking place 14-16 September in Madrid, was the first of its kind to bring together all stakeholders involved in the cash cycle.

Events

Astrid Mitchell

29 June 2022

2 min read

CMA Picks ONE 2.1

Casa de Moneda Argentina (CMA) is in the midst of a technology transformation programme involving the recruitment and training of new staff, modernisation of both its production facilities and the acquisition of new equipment, among them the latest SPARK Flow® module for the NotaScreen. It has also invested in an upgrade of Koenig & Bauer Banknote Solutions’ ONE design software to the latest 2.1 version.

News

Astrid Mitchell

29 June 2022

3 min read

Counterfeiting in Australia

Counterfeiting of Australian banknotes is approaching its lowest level in a decade. The Reserve Bank of Australia (RBA) has carried out an analysis of the factors playing a role in this decline and quantified their effects. The report – Recent Trends in Counterfeiting – has been published in its June Bulletin.

Central Banks Counterfeiting

Astrid Mitchell

29 June 2022

4 min read

Recognising Outstanding Design and Innovation in EMEA Banknotes

The prestigious Regional Banknote and ID Document of the Year Awards form part of the industry’s High Security Printing EMEA conference.

Banknotes Events Free Free

Astrid Mitchell

29 June 2022

3 min read

Steady Progress by the Bank of England

The Bank of England has issued its Annual Report for 2022. The key themes relating to banknote issuance and management were the completion of the polymer series of banknotes with the issuance of the £50 banknote, actions to safeguard access to cash and deposit services and the environmental impact of banknote operations.

Central Banks Studies, Reports

Nikki Strickland

29 June 2022

5 min read

The Challenges of Measuring Banknote Lifetime

Banknote lifetime values need to be treated with care because it is easy to form misleading conclusions. The biggest challenge is ensuring that a fair comparison is being made and that comparisons are made on representative data. The before and after scenarios should be like-for-like.

Banknotes

Astrid Mitchell

29 June 2022

5 min read

News in Brief

Jean-Claude Brou, President of the Economic Community of West African States, has said that the community has agreed to delay the launch of the ECO to 2027.

News

Astrid Mitchell

29 June 2022

2 min read

Making Waves for the First Time

WaveFront Technology – a California-based supplier of nano and micro-structured tools, coatings and films for the security, lighting, aerospace, and display markets – used the Banknote & Currency Conference in February as an opportunity to debut its new new portfolio of security features for currency and other security applications.

Substrates, Features

Astrid Mitchell

29 June 2022

1 min read

World’s Smallest ATM

27 June is World ATM Day. On this day 55 years ago, the world’s first 24/7 cash machine, or Automated Teller Machine as it was later to become known, was unveiled in London.

News

Astrid Mitchell

29 June 2022

2 min read

Pinball Wizard

Whilst Crane Currency is, or rather was, first and foremost a paper maker, it is also the developer of the micro-optics feature MOTION® and its derivatives for threads and, more recently, for surface-applied stripes.

Banknotes