Latest News

Astrid Mitchell

29 Aug. 2024

5 min read

All Set for the Coin Conference 2024

The Coin Conference takes place in Lisbon 28-30 October, against a backdrop of considerable change (no pun intended) in the world of circulating coins. Not surprisingly, the agenda is busy and full of substance, reflecting the key challenges, and opportunities, that face issuers and producers.

Coins Events

Chander S Jeena

29 Aug. 2024

4 min read

The Evolution of Asian State Security Printers – From Currency Makers to Digital Authentication Providers

State security printers in Asia are transforming as a result of a fast-changing economic and technological landscape. Traditionally known for producing banknotes, coins, and secure documents, these institutions are now repositioning themselves as digital identification and authentication (DIA) players, as this article, adapted from sister publication Authentication & Brand News, explains.

Technology

Astrid Mitchell

29 Aug. 2024

2 min read

Millions of UK Coins Shelved in Warehouses

The UK banking system is reported to be storing indefinitely around £4 million worth of unwanted copper coins.

Coins

Astrid Mitchell

29 Aug. 2024

3 min read

Interim Results – More Encouraging Signs

Last month we reported on the broadly positive interim results for two leaders in the currency sector – Orell Füssli and Prosegur. This month is the turn of Brinks, NCR Atleos, Diebold Nixdorf and Crane NXT.

Companies

Astrid Mitchell

29 Aug. 2024

7 min read

Note and Coin News

Bank Al-Maghrib has issued new 50 dirham banknote, the third in its new series.

Banknotes Coins

Astrid Mitchell

29 Aug. 2024

3 min read

A Perfect Storm for Mints

The news that the Mint of Finland is closing down will no doubt be cited by many as another grim reminder that cash is on the way out. Certainly, that was the reason given by the company when it announced that it is winding down and will cease operations next year.

Companies Free Free

Astrid Mitchell

29 Aug. 2024

12 min read

Authentix – Positioned as a Multi Service Solutions Provider for Currency and Beyond

Last month, the uncertainty over the future of the authentication business of Meta Materials was resolved by the acquisition of its assets by Authentix. This is the latest in a string of acquisitions that has seen Authentix grow from its early days as a developer of taggants for fuel integrity programmes to a full service and solutions provider to the banknote industry of covert technologies, sensors, overt features, security print and design.

Interviews

Eriko Yaya

29 Aug. 2024

2 min read

A New Series of Bank of Japan Notes

On 3 July 2024, the Bank of Japan started issuing a new series of banknotes consisting of 10,000 yen, 5,000 yen, and 1,000 yen notes: a historic moment in Japan, as this is the first time in 20 years that a new series of banknotes has been introduced.

Banknotes

Astrid Mitchell

29 Aug. 2024

3 min read

Two Seminars Drive Discussion and Debate on the Future of Cash and Payments

The Cash Cycle Seminars (ICCOS) are annual events from Currency Research (CR) that bring global knowledge to regional markets in the Americas, Asia, and EMEA.

Events

Astrid Mitchell

29 Aug. 2024

6 min read

News in Brief

A team from the Canada Border Services Agency (CBSA) has received the Bank of Canada’s counterfeit deterrence award for its work analysing international shipments, leading to the seizure of large volumes of counterfeit banknotes.

News

Astrid Mitchell

1 Aug. 2024

1 min read

From Cash to Conservation

Researchers at Griffith University of Australia have investigated the representation of native fauna on banknotes to identify geographic hotspots and taxonomic patterns, and determine whether threatened and endemic species were more readily represented.

Sustainability

Astrid Mitchell

1 Aug. 2024

2 min read

Interim Results – Encouraging Signs

This month we report on the interim results for two leaders in the currency sector – Orell Füssli Security Printing and Prosegur Cash.

Companies

Astrid Mitchell

1 Aug. 2024

2 min read

ATM Network Under Investigation in Belgium

The Belgian Competition Authority (BCA) has begun an investigation into the phasing out of hundreds of bank cash machines and their replacement by a new consolidated network of ‘neutral’ Bancontact- branded ATMs. The investigation focuses on accessibility to the ATMs, and therefore to cash, as well as on the quality of service, notably in terms of waiting time.

Cash Handling

Kerre Corbin

1 Aug. 2024

2 min read

Counterfeit Corner

Counterfeit deterrence requires a three-pronged approach. Banknote design security, public education and law enforcement.

Counterfeiting

Astrid Mitchell

1 Aug. 2024

3 min read

Outline Programme and Awards Announced for The Coin Conference 2024

The high-level programme and award categories for the next edition of The Coin Conference have been announced, with the event scheduled to take place 28-30 October in Lisbon, Portugal.

Events

Nikki Strickland

1 Aug. 2024

3 min read

Do You Need a Level 3 Security Feature?

The many security features integrated into a banknote make them virtually impossible to counterfeit. These features instil confidence in the currency and enable various users to authenticate genuine banknotes throughout the entire cash cycle.

Technology

Astrid Mitchell

1 Aug. 2024

1 min read

Raise Your Profile with Coin Issuers Worldwide

The next edition of the Directory of Circulating Coins is currently being compiled, and is scheduled for publication this Autumn. First developed by the publishers of Currency News in 2014, the upcoming issue will be the fourth edition.

Coins

Astrid Mitchell

1 Aug. 2024

3 min read

Cash Doesn’t Crash

When systems go down, they can go down big-time. As happened recently with the CrowdStrike software update glitch that caused a multitude of Microsoft systems around the world to crash, hitting hospitals and healthcare, transport, hospitality, retailers and payments. Cash, once again, was the fallback option.

Cash Handling Free Free

Astrid Mitchell

1 Aug. 2024

3 min read

Authentix Buys Meta Materials’ Authentication Business

Texas-based security solutions provider Authentix has announced the completion of an asset purchase agreement for Nanotech Security Corporation (NCS), the security subsidiary of Meta Materials, which offers solutions for banknote authentication and brand protection. The purchase price for the assets is understood to be in the region of $10 million.

Companies

Astrid Mitchell

1 Aug. 2024

5 min read

Around the World – Counterfeiting Update

In this periodic series summarising counterfeit currency around the world, we focus on the latest news from Hong Kong, Libya, Scotland and Ukraine.

Counterfeiting