Latest News

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

Astrid Mitchell

31 Oct. 2024

2 min read

People in the News

The Brazilian President has nominated Gabriel Galípolo to be the next Governor of the Central Bank of Brazil.

News

Astrid Mitchell

31 Oct. 2024

5 min read

Orell Füssli’s New Environmental Evaluation Software: BEES®

At the Global Currency Forum, Daniel Schwarzbach, Innovation Director at Orell Füssli Security Printing (OFS), unveiled the company’s new tool for measuring the environmental impact of banknotes – BEES® (Banknote Environmental Evaluation Software), which it believes is the first design-oriented LCA (Life Cycle Assessment) tool not just for banknotes, but for any sector.

Companies Technology

Astrid Mitchell

31 Oct. 2024

7 min read

A Brighter Future as Currency Goes it Alone

Further to the news that De La Rue has agreed a sale of its Authentication business to Crane NXT – a move that will alleviate the financial pressures that have hung over the company in recent years – Currency News™ spoke to Ruth Euling, Executive Director and Managing Director of the remaining Currency division, to find out more about the sale and what it means for the company in terms of production, investment, and its customers.

Interviews

Astrid Mitchell

31 Oct. 2024

2 min read

Spectra Reports Half Year Revenue and Profit Increase

In the first half of 2024, Spectra Systems achieved sales of $22.74 million, an increase of 96% compared to the first half of 2023.

Companies