Latest News

Astrid Mitchell

3 March 2022

5 min read

Good Times Return for Cash Industry Leaders

February is when several of the leading listed companies in cash report their annual results for the previous year. In 2019, all bar one reported strong results and optimistic outlooks. Needless to say, this was before COVID struck, and the optimism was quickly overturned in 2020 as the pandemic took its toll.

Companies

Astrid Mitchell

3 March 2022

3 min read

The Industry Finally Gets Together Again

The Banknote & Currency Conference was the first major industry event to take place in person since the start of the pandemic. The four day event, followed by the one-day inaugural Digital Currency Conference, welcomed more than 450 delegates from 180 organisations and 53 countries.

Events Free Free

Astrid Mitchell

3 March 2022

4 min read

Understanding an Industry

All too often notifications arrive about a new study into an aspect of the cash industry, the cash cycle or payments. The trouble is that if it is written by an industry-insider, the competitive value is so high that the document has to talk in bland generalisations.

Comment

Astrid Mitchell

3 March 2022

2 min read

Open Sesami – A New Force in Cash Management Technology

Canadian security services provider GardaWorld, the world’s largest privately owned provider of security, cash and risk management service, has announced the launch of Sesami, a new cash ecosystem performance and technology company that will operate independently of its parent.

Companies Technology

Astrid Mitchell

3 March 2022

2 min read

The Importance of Cash in War

War is brutal and yet here we are with war in Europe. Unbelievable. Yet again though, it underlines the need for cash. The run up to the war saw cyber-attacks on the Ukrainian ATM network and now the invasion has started the internet is not guaranteed, let alone power. Once again, cash is king.

Comment

Astrid Mitchell

3 March 2022

2 min read

People in the News

Former Prime Minister of Norway and NATO General Secretary Jens Stoltenberg has been appointed for a six-year term as Governor of Norges Bank, replacing Øystein Olsen who is retiring. He won’t take up the position until later in the year, when his term at NATO expires. Deputy Governor Ida Wolden Bache will act as Interim Governor in the meantime.

News

Astrid Mitchell

3 March 2022

3 min read

In Other News…

The Reserve Bank of Malawi has issued a new high denomination 5,000 kwacha banknote, to relieve pressure on the 2,000 kwacha, which accounts for 80% of currency in circulation. An upgraded version of the 2,000 will also be issued shortly.

News

Astrid Mitchell

3 March 2022

4 min read

News in Brief

As part of its modernisation programme, Security Printing and Minting Corporation of India Limited (SPMCIL) has commissioned new banknote printing lines at both of its printworks - Currency Note Press, Nashik and Bank Note Press, Dewas.

News

Astrid Mitchell

3 March 2022

1 min read

SAFEGUARD® – the Most Complete Banknote Substrate Solution Available?

There are many functional and secure features available that meet the needs of the various cash cycles, banknote issuing authorities and end users. One such feature is the taggant, which overcomes the challenges of the degradation of visible security features in that it continues to perform even when the note is subject to extensive wear and tear.

Substrates, Features

Duncan Reid

10 Feb. 2022

8 min read

Countering Counterfeiting – Adversarial Analysis

When a central bank is designing a new series or upgrading the security of the existing designs how can it be certain that the security features selected will be resilient against counterfeiting? How do they choose from the many features and technologies on offer?

Central Banks Counterfeiting

Nikki Strickland

2 Feb. 2022

5 min read

The Role of Cash Cycle Analytics When Considering Banknote Durability

Banknote durability is an ongoing topic of interest for central banks. More durable banknotes have a reduced impact on the environment and save the central bank money because they need replacing less often.

Technology

Astrid Mitchell

1 Feb. 2022

5 min read

RBNZ Seeks Feedback to Determine Cash System Redesign

As part of our series of articles around the world to assess the growing trend to digital payments and what these countries are doing to ensure ongoing access to cash in a less-cash world, this month it’s the turn of New Zealand.

Studies, Reports

Astrid Mitchell

1 Feb. 2022

3 min read

Full Steam Ahead for Banknote & Currency Conference in February

Flights have been booked, hotel reservations have been made and final preparations are being made so that, after two years apart, Currency Research can bring the majority of the industry back together for some long-overdue discussions, professional networking, and a lively exchange of information and views.

Events

Astrid Mitchell

1 Feb. 2022

5 min read

Bahamas New Series – a Case Study for Successful Feature/Substrate Pairings

In October 2021, the Central Bank of the Bahamas (CBB) released its new $100 banknote, completing the roll-out of its CRISP (Counterfeit Resistant Integrated Security Product) Evolution series which it began back in 2016.

Banknotes

Astrid Mitchell

1 Feb. 2022

2 min read

In Other News…

The Bank of Guyana has announced that it will shortly be issuing a new $2,000 banknote on polymer to commemorate the 55th Anniversary of Independence.

News

Astrid Mitchell

1 Feb. 2022

2 min read

HSP Latin America Goes Ahead - Programme Published

Organisers of the High Security Printing Conferences (HSP), Reconnaissance International, have announced the programme for the upcoming HSP Latin America event.

Events

Astrid Mitchell

1 Feb. 2022

2 min read

Supporting Design Excellence – ONE Security Software Becomes Two Point One

Koenig & Bauer Banknote Solutions, a pioneer in computer design software with the launch of its ONE Security system in 2001, has announced the arrival of version 2.1 with a raft of new features and capabilities.

Technology

Astrid Mitchell

1 Feb. 2022

4 min read

Cash Trends and The Future of Cash in the Eurozone

At the European Cash Cycle last autumn, the presentation by Josef Vrana, Senior Banknote Issuance Expert, Directorate Banknotes for the European Central Bank (ECB), covered euro cash trends and the effect of COVID-19 to date.

Central Banks

Astrid Mitchell

1 Feb. 2022

3 min read

The Conference Scene for 2022 – Back in Business at Last

Optimism towards the end of last year that the pandemic was running its course have been frustrated by the emergence of the Omicron variant of COVID. But while some events have been thwarted, others are going ahead as planned.

Events

Astrid Mitchell

1 Feb. 2022

2 min read

COVID 19 Impacts De La Rue Turnaround Plan

De La Rue has announced a trading update on the financial year ending March 2022, as well as an update of progress on its Turnaround Plan, which unsurprisingly has been impacted by the pandemic.

Companies COVID-19