Latest News

Astrid Mitchell

3 March 2022

2 min read

Brinks’ Digital Vision to Disrupt the Cash Management Industry

Last December Brinks disclosed its three year strategic plan and 2024 financial targets, with a major focus on new digital cash payment solutions. According to CEO Doug Pertz, ‘Brink’s is evolving from a route-based logistics company with growing organic revenue and expanding margins into a key player in the broader payments ecosystem - with a focus on digital cash payment solutions.'

Companies

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

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

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

Astrid Mitchell

1 Feb. 2022

2 min read

New Business Segment for Goznak as it Enters Banknote Processing Market

Russian state printer and mint Goznak has launched its own banknote counting and sorting machine – the BARS-S5. This follows the acquisition last year of BIS (which stands for Bank Innovation Systems), with whom the new machine was co-developed. The first order has already been received from the Central Bank of Russia.

Companies

Astrid Mitchell

21 Dec. 2021

6 min read

Good Results Fail to Impress the Markets

While the companies we feature in Industry Watch are being directly affected by COVID-19 trends and issues, they are also subject to market trends. COVID-19 has disrupted global economic stability – raw materials, energy and labour are all in short supply, and inflation is on the rise.

Companies COVID-19

Astrid Mitchell

1 Dec. 2021

2 min read

A Strong 1st Half and Good Outlook for De La Rue

Sales for De La Rue for the first half of 2021/22 increased by 0.9% to £179.2 million, compared with the first half of 2020/21, according to its recently published interim results. Adjusted operating profit increased by 13.4% to £17.4 million.

Companies

Astrid Mitchell

1 Dec. 2021

1 min read

Two More New Wins for CPS

Hard on the heels of the announcement of a multi-million pound contract to supply Single Note Inspection Systems to India, Cash Processing Solutions (CPS) has announced two further major new contracts.

Companies

Astrid Mitchell

29 Sept. 2021

2 min read

Goznak Sales and Profit Fall in 2020, but Exports Up

Goznak is a joint stock company in which the sole shareholder is the Russian government. It competes in both Russian and global markets for security products, with a portfolio ranging from banknotes and banknote paper, circulating and commemorative coins, identity documents, excise and postage stamps to, more recently, digital technologies.

Companies

Astrid Mitchell

29 Sept. 2021

5 min read

Uncertainty Prevails

This is now the seventh Industry Watch, covering 21 months, where COVID-19 has been the main issue influencing market values and trends. Given the differing impact of COVID at a given time on regions and industries and, as we are entering the last quarter of 2021, it is useful to compare the performance year to date in both our usual selected world markets and separately in markets in some other countries.

Companies COVID-19

Astrid Mitchell

29 Sept. 2021

2 min read

NPA’s New MES Delivered On Time, Despite Challenges

Despite the obstacles associated with bringing a six-person technical team to Melbourne from Milan, not to mention the delays caused by the blockage of the Suez Canal, Parvis has successfully delivered a new ABACO-MES to Note Printing Australia within the planned four-month timeframe.

Companies

Astrid Mitchell

29 Sept. 2021

2 min read

Major Order from India for CPS

Cash Processing Solutions (CPS) has announced a multimillion-pound contract to supply Single Note Inspection Systems to the Security Printing and Minting Corporation of India Ltd (SPMCIL).

Companies

Astrid Mitchell

29 Sept. 2021

2 min read

De La Rue to Further Upgrade Production in Malta

De La Rue has announced a major upgrade to its existing facilities in Malta, to turn them into a 29,000 m² state-of-the-art manufacturing site. This investment is supported by Malta’s economic development agency, Malta Enterprise, and the Maltese government.

Companies

Astrid Mitchell

26 Aug. 2021

2 min read

CCL Secure Makes Multi-Million Investment

CCL Secure is cementing its leading position in polymer production for banknotes with major additions to the capabilities of its production lines. The company is investing £9.5 million to include support for its latest two innovations.

Companies

Astrid Mitchell

26 Aug. 2021

2 min read

ZEISER Acquires Track and Trace Technology from Inspectron

The German company ZEISER, which provides impact and non-impact serialisation solutions and services to the security printing industry, has acquired the document inspection and track and trace software solutions of Inspectron, UK.

Companies

Astrid Mitchell

26 Aug. 2021

4 min read

News in Brief

The Central Bank of Chile is urging citizens to ferret out any spare change they may have lying around amid a national shortage of coins. In a series of recent Twitter posts, the central bank warned that ‘COVID-19 had affected the circulation of cash’ and hurt small retail vendors.

Coins Companies News

Astrid Mitchell

26 Aug. 2021

2 min read

Nanotech Sells to Smart Light Company

Optical security feature provider Nanotech Security Corporation has agreed to be acquired by Meta Materials, a developer of high-performance functional materials and nanocomposites, for nearly C$91 million.

Companies

Astrid Mitchell

29 July 2021

4 min read

News in Brief

Giesecke and Devrient (G+D) has invested in UK-based FNA (Financial Network Analytics), a deep technology firm specialising in advanced network analytics and simulations.

Companies News Technology

Astrid Mitchell

29 July 2021

4 min read

EverFit Takes Step Forward with New Portals/Banque de France Agreement

The banknote paper manufacturer Portals has signed a licence agreement with the Banque de France (BdF) for its multi-layer banknote technology, EverFit®.

Banknotes Companies Substrates, Features

Astrid Mitchell

28 June 2021

2 min read

Goznak Buys Banknote Innovation Systems

Goznak has acquired Bank Innovation Systems (BIS), the Russian supplier of banknote inspection and processing equipment, in a deal signed at the start of June.

Companies