Koenig & Bauer Banknote Solutions – Bridging the Physical and Digital for a Better Cash Cycle

Koenig & Bauer Banknote Solutions (KBBNS) recently announced that it is moving into the cash innovation space by developing a family of ‘bridging technologies’ to enable the physical banknote product to connect to digital data ecosystems. One example of this technology is the ValiCash application that recently won the CashEssentials Best New CashTech Innovation Award.

But what exactly is KBBS proposing and why is a company that is principally involved with the banknote product now moving into the service system or cash cycle?

Currency News™ recently caught up with Julian Schubert (JS), Director of Data, Vision and Authentication Solutions, and Mark Stevenson (MS), soon to become Market Development Manager, at KBBNS to find out more.

Q: Having built a solid reputation in developing banknote printing technology for over 70 years, why is K&BBNS now so interested in how banknotes are moved, used and accessed in society?