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.

The first is with UK-based friSense Technologies, with both companies exploring new products for the further automation of cash circulation.

KBBS and friSense will collaborate to develop solutions enabling physical banknotes to connect to digital ecosystems. Such connectivity, they say, will create valuable data for cash cycle stakeholders and enable significant positive change in the way cash is accessed, moved and managed in society.

While detail on the sort of solutions is sparse, an indication of what they might involve can be gleaned from friSense’s strapline, which is ‘invisible next generation micro-technology’ for security, authentication and tracking.