Latest News

Astrid Mitchell

27 Nov. 2024

10 min read

Denmark’s Currency Evolution: Balancing Innovation with Protection in the Modern Era

In a comprehensive modernisation of its currency system, Denmark is undertaking an ambitious series of changes that reflect its unique position as both a digital payment pioneer and a steadfast protector of cash rights.

Interviews

Kerre Corbin

27 Nov. 2024

2 min read

Counterfeit Corner

Most central banks will classify their counterfeit banknotes to determine the types of threats presented by the counterfeiters. This may be as simple as identifying the printing processes on the counterfeit as digital or traditional. Or it could be an in-depth analysis of the individual characteristics of the printed image along with the security feature simulations.

Counterfeiting

Astrid Mitchell

27 Nov. 2024

2 min read

Tenders, Contracts and MOUs

The Reserve Bank of India (RBI) has extended the deadline for responses to its Expression of Interest (EOI) for services related to the modernisation of India’s currency management infrastructure 4 December 2024.

Companies

Astrid Mitchell

27 Nov. 2024

2 min read

New Technology for CBPM’s Plate Making

Many countries and regions are strengthening regulations to control environmental pollutants, chromium being a case in point as its emissions significantly impact the environment and human health. As a result, numerous countries have implemented strict standards and control measures to reduce chromium pollution.

Technology

Astrid Mitchell

27 Nov. 2024

5 min read

Central Banks and Cash Round-Up

In this periodic series of articles covering cash information in central bank annual reports, this month we take a look Down Under, with a review of the reports from Australia and New Zealand.

Central Banks

Astrid Mitchell

27 Nov. 2024

5 min read

News in Brief

Continuing on its acquisition trail to penetrate the brand protection market, Crane NXT has now bought the smart packaging assets of TruTag Technologies, which will be incorporated into its OpSec business.

News

Astrid Mitchell

27 Nov. 2024

2 min read

Note and Coin News

The Bermuda Monetary Authority (BMA) is introducing new polymer $2 and $5 banknotes on the theme of ‘Same Look, Smarter Design’.

Banknotes Coins

Astrid Mitchell

27 Nov. 2024

2 min read

Production Up at SPMCIL

Security Printing & Minting Corporation of India Ltd recently released its 2023/24 Annual Report, registering a rise in production, but a small drop to Rs 47.14 billion (US$555 million). Costs were up 7.7% to Rs 36.95 billion.

Companies

Astrid Mitchell

27 Nov. 2024

2 min read

Chameleon Shows His True Colours

As described in last month’s issue of Currency News™, at the recent Global Currency Forum (GCF) in Oman, industry players showcased house notes with new security features on themes ranging from butterflies, meadows and the ocean to Venus. To that can be added chameleons.

Banknotes

Astrid Mitchell

27 Nov. 2024

2 min read

‘Helsinki Calling’: RDM to Produce Finnish Coins

The Royal Dutch Mint (RDM) has signed a multi-year agreement with Finland’s Ministry of Finance for the production, marketing and distribution of circulation and commemorative euro coins. The announcement follows the Mint of Finland’s announcement last month that it would cease operations in 2025, following the completion of its existing commitments to customers and suppliers – which it expects to fulfil early next year.

Coins

Aftab Baloch

27 Nov. 2024

3 min read

New Banknotes: A Game Changer for Pakistan’s Economy?

The introduction of a new series of banknotes in Pakistan next year, enhanced with advanced security features and modern designs, has the potential to play a transformative role in the country’s economic landscape.

Banknotes

Astrid Mitchell

27 Nov. 2024

2 min read

New Work Sheds Light on German Influences on Finland’s Banknote History

Banknote expert and author Antti Heinonen has written a new book on the history of Finnish money, focusing on international and particularly German influences in the early development of Finnish means of payment.

Banknotes

Astrid Mitchell

27 Nov. 2024

6 min read

The Coin Conference – Optimism in the Face of Dislocation

The Coin Conference 2024 – which focuses on the future of circulating coinage and its challenges – took place in 28-30 October in Lisbon, Portugal. Organised by the publishers of Currency News™, the conference hosted more than 200 delegates, from 102 organisations across 42 countries, with 40% from central banks, monetary authorities and treasury departments.

Events

Astrid Mitchell

27 Nov. 2024

2 min read

Change of Ownership at Currency Research

In a management earnout of up to 100%, Currency Research’s CEO and President Jens Seidl and Vice President Shaun Ferrari will become majority shareholders of the company. The founder, and current sole shareholder, Richard Haycock will sell all his shares and resign from the Chairman position, effective 1 January 2025.

Companies

Astrid Mitchell

27 Nov. 2024

3 min read

From Banknotes to Brand Protection – Not for the Faint Hearted

Not content with being a leader in banknote substrates, features and print, Crane NXT is certainly gunning for the brand protection market, having acquired three companies in this area since the start of the year.

Companies Free Free

Astrid Mitchell

27 Nov. 2024

1 min read

SICPA Flows Up Stream with Latest Version of SPARK®

SICPA unveiled the latest version of its SPARK® technology – SPARK Flow® STREAM – at the recent Global Currency Forum in Oman.

Technology

Astrid Mitchell

27 Nov. 2024

4 min read

In Other News…

The Swiss National Bank (SNB) has announced that it is to begin developing the country’s 10th banknote series in order to ensure that Swiss banknotes continue to meet the latest standards for functionality and security.

News

Astrid Mitchell

31 Oct. 2024

3 min read

CBPM’s Green Alternatives for Thread Production

China Banknote Printing and Minting has been implementing a series of clean production and carbon reduction measures in the production of raw materials such as paper, thread, and ink, in order to make the production of the renminbi and other currencies more environmentally friendly.

Companies Sustainability

Astrid Mitchell

31 Oct. 2024

3 min read

De La Rue Authentication Sale Secures Finances and Future

De La Rue has announced that it will sell its Authentication Division to Crane NXT for a cash consideration representing an enterprise value of £300 million.

Companies

Astrid Mitchell

31 Oct. 2024

2 min read

Estonia Drops Lowest Denomination Coins

Estonia is set to introduce new rounding rules next year, with the country also planning to stop minting 1 and 2 cent coins.

Coins