Latest News

Ernesto González Candela

3 Nov. 2023

6 min read

A BAAD™ Way to Assess Substrate Durability

UnderCurrency was established in 2019 as a technical consultancy service. We are based in Mexico and specialise in methodologies, solutions and systems for evaluating and enhancing the security, functionality and durability of secure documents and banknotes.

Companies Technology

Astrid Mitchell

28 Sept. 2023

3 min read

Toshiba Thrown a Lifeline as Bid Takes it Private

Toshiba – the Japanese industrial conglomerate and one of only two producers of high speed currency processing systems – has announced that a ¥2 trillion ($14 billion) tender offer from private equity firm Japan Industrial Partners (JIP) has ended in success, paving the way for the company to go private.

Companies

Astrid Mitchell

28 Sept. 2023

5 min read

Interim Results Broadly Positive for Industry

Until relatively recently, we ran a round-up of company results in the quarterly Industry Watch. We have replaced this with a periodic summary of central bank annual reports relating to cash, but continue to cover the companies in our sector with reviews of their interim and annual results.

Companies

Astrid Mitchell

28 Sept. 2023

1 min read

SDG Award for Oberthur

In 2022, Global Compact Réseau France launched the SDG Awards, designed to reward companies in all sectors that contribute to the concrete implementation of the UN Sustainable Development Goals (SDGs) and are committed to initiatives that advance the 2030 Agenda for Sustainable Development.

Companies

Astrid Mitchell

28 Sept. 2023

1 min read

A New Force in Consultancy and Strategic Advice

Three well-known faces from our industry have joined forces to set up a new firm offering consulting and advisory services for governments, central banks, security printing house, technology suppliers, brand owners and financial investors.

Companies

Astrid Mitchell

28 Sept. 2023

2 min read

INX and SICPA Team Up for CBDC

SICPA and the INX Digital Company – the US-regulated broker-dealer, ATS, and transfer agent which offers the first-ever SEC-regulated digital asset trading platform for both cryptocurrencies and security tokens – have launched a new joint venture, Nabatech, to aid government and central bank construct sovereign digital asset ecosystems.

Companies

Astrid Mitchell

28 Sept. 2023

2 min read

CTiP III Offers New Greener Engraving

Koenig & Bauer Banknote Solutions (KBBS) has introduced the next iteration in its computer-to-intaglio plate technology with CTiP III, which it claims has a better ecological impact as well as offering new intaglio engraving opportunities to printers.

Companies Technology

Astrid Mitchell

28 Sept. 2023

3 min read

The Security Ink Supplier of Chinese Banknotes and Beyond

China Banknote Ink Co Ltd (CBI) provides security inks and related products for China Banknote Printing and Minting Corporation (CBPM).

Companies

Astrid Mitchell

27 Sept. 2023

2 min read

A Quantum Leap for Meta Materials

Meta Materials, under its former name of Nanotech Security Corporation, has been a pioneer in banknote OVD technology for the past decade with innovations in micro-, nano- and now plasmonic structures.

Banknotes Companies

Astrid Mitchell

27 Sept. 2023

2 min read

Koenig & Bauer Steps into Digital Authentication

Koenig & Bauer Banknotes Solutions (KBBS) is forging ahead with its agenda to create physical-digital technology bridges with the announcement of two new partnerships linked to digital authentication.

Companies Technology

Astrid Mitchell

28 Aug. 2023

2 min read

Vacuumatic Restructures, Expands in Germany

The Vacuumatic Group, in operation for over 70 years, has announced a restructuring programme involving the closure of its headquarters at Colchester in the UK, and the transfer of production to its former sales and service subsidiary in Germany.

Companies

Astrid Mitchell

28 Aug. 2023

1 min read

New Partnership for Financial Literacy

Koenig & Bauer Banknote Solutions (KBBS) and Aflatoun International, a global leader in innovative financial literacy ecosystems, have announced a new partnership to explore and develop new ways to enable access to financial literacy resources, using banknotes as a tool.

Companies

Astrid Mitchell

24 Aug. 2023

2 min read

Hitachi Moves into Cash Services

Hitachi Payment Services, India’s leading integrated payment solutions provider and a subsidiary of the Japanese multinational technology conglomeration Hitachi, has entered into an agreement to acquire the cash management business of Writer Safeguard from its parent, the Writer Corporation.

Companies

Astrid Mitchell

24 Aug. 2023

2 min read

NCR Moves Forward with Separation Plan

Plans for the separation of NCR Corporation into two separate businesses is moving apace, with the US Securities and Exchange Commission declaring effective the registration on Form 10. The two new businesses, NCR Atleos and NCR Voyix, will focus on ATMs and digital commerce in retail, hospitality and banking, respectively.

Companies

Astrid Mitchell

31 July 2023

2 min read

IN Groupe Buys GSI

IN Groupe, owners of the optical features specialist SURYS, has agreed to buy 100% of the shares of Gleitsmann Security Inks from hubergroup Deutschland for an undisclosed consideration in cash.

Companies

Astrid Mitchell

31 July 2023

3 min read

Royal Mint Invests in New Future to Offset Falling Demand

The Royal Mint (TRM) announced its results for 2022/23 which, according to Anne Jessopp, its Chief Executive, was a pivotal year as it embarked on a five year business transformation plan.

Coins Companies Sustainability

31 July 2023

12 min read

SURYS – Acquisitions Point to Ambitions in Physical and Digital Security

Currency News spoke to Frederic Trojani, CEO of SURYS and Executive Vice President for the Secured Components Division of IN Groupe, about the company’s history, how being part of IN Groupe is helping it fulfil its ambitions in the currency market, and the benefits that the two recent acquisitions will bring.

Companies

Astrid Mitchell

31 July 2023

2 min read

New Printworks for Poland

The Polish state-owned printer and papermaker PWPW is building a new banknote printing plant and paper mill on an 18-hectare site in Warsaw, recently purchased from the state-owned pharmaceutical company Polfa Tarchomin for PLN 143 million (€32 million).

Companies

Astrid Mitchell

31 July 2023

2 min read

KURZ Recognised for Sustainability Progress

KURZ, the market leader in security foils for banknotes, has announced that it has been awarded a silver medal from the well-known sustainability rating agency EcoVadis, having achieved excellent results in all four areas examined – the environment, labour and human rights, ethics and sustainable procurement.

Companies Sustainability

Astrid Mitchell

2 July 2023

3 min read

Signs of Recovery as De La Rue Resolves Financial Issues

De la Rue has announced its results for the financial year ending March 2023. These were eagerly awaited following a trading update issued by the company April (see CN April 2023).

Companies