Latest News

Astrid Mitchell

22 Dec. 2023

2 min read

CCL Secure: A Year of Innovation and Collaboration

Polymer appears to be something of a ‘thing’ in this issue. So, having heard from one established and one emerging polymer substrate manufacturer – De La Rue and Spectra Systems respectively – it seems only fair to hear from the second established manufacturer, CCL Secure, who has provided an end of year summary for GUARDIAN™.

Companies

Astrid Mitchell

22 Dec. 2023

5 min read

News in Brief

Cash technology solutions specialist Glory has announced the acquisition of additional shares in the fintech OneBanx, the fully managed shared banking solutions provider.

News

Astrid Mitchell

22 Dec. 2023

2 min read

De La Rue Boosted by Recovering Demand

De La Rue appears to be enjoying a rebound following multiple new contract wins and growing demand for banknotes.

Companies

Astrid Mitchell

22 Dec. 2023

9 min read

Kando, Omotenashi and Kaizen – Three of the Core Principles of Komori As It Celebrates 100 Years

Currency News™ spoke to Mr Junya Shimada – Executive Operating Officer and Group General Manager – about the company’s foundations, its current focus, its philosophy and how it plans to leverage this to go forward in an ever-changing social and technological landscape.

Companies

Kerre Corbin

22 Dec. 2023

2 min read

Counterfeit Corner

Many people fall victim to the ‘Black Money’ scam, which is basically a get rich quick scheme. Usually there are no counterfeit banknotes involved, but I thought this would be an interesting topic to discuss.

Counterfeiting

Astrid Mitchell

22 Dec. 2023

2 min read

ECB Identifies Banknote Environmental Impact

The European Central Bank (ECB) has issued the findings of its Product Environment Footprint (PEF) study, which focuses on the creation and life cycle of banknotes through to their disposal when they become unfit to circulate.

Sustainability

Astrid Mitchell

22 Dec. 2023

1 min read

Master Blaster Graces New ECCB Note

The Eastern Caribbean Central Bank (ECCB) has issued a new denomination $2 commemorative banknote in celebration of its 40th anniversary.

Banknotes

Astrid Mitchell

1 Dec. 2023

4 min read

National Day of Currency in Kazakhstan

In November 1993, the first President of Kazakhstan, Nursultan Nazarbayev, signed a decree ‘On the introduction of the national currency of the Republic of Kazakhstan’. Following this, the tenge became the official currency of the country.

Banknotes

Astrid Mitchell

1 Dec. 2023

4 min read

In Other News…

The Central Bank of the UAE has issued a new 500 dirham banknote – the fifth in its new all-polymer series, which has been progressively rolled out since 2022.

News

Astrid Mitchell

1 Dec. 2023

6 min read

Using Buying Power to Reduce Environmental Impacts

The International Association of Currency Affairs (IACA) held a webinar recently to discuss how sustainability is, and can be, incorporated into tenders by central banks. Purchasing power is, of course, a powerful lever for achieving policy goals.

Sustainability

Astrid Mitchell

1 Dec. 2023

4 min read

News in Brief

The State Bank of Pakistan (SBP) is seeking to standardise the parameters used by banknote sorting machines to ensure uniform fitness standards across the different models and makes of equipment being used.

News

Astrid Mitchell

1 Dec. 2023

1 min read

Indian Papermaker Hits 100,000 Tonne Milestone

Bank Note Paper Mill India Ltd (BNPMIL) has recently celebrated its Foundation Day.

Companies

Astrid Mitchell

1 Dec. 2023

2 min read

MDC Awards Create a Buzz

At the awards ceremony held during the gala dinner at the Mint Directors Conference in Ottawa last month, the winner of the Best Circulating Coin category was the Royal Australian Mint (RAM) for the $2 Honey Bee coin, issued in 2022 as a joint collaboration with the Honey Bee Industry Council to mark the bicentennial of the establishment of the bee industry in Australia.

Events

Astrid Mitchell

1 Dec. 2023

2 min read

Banknote Fibre Extraction – Repurposing Goes Greener

Earlier this year Giesecke+Devrient outlined a solution for banknote waste which is ‘straightforward, flexible and scalable’ (see CN July 2023). After having introduced the concept of Banknote Fibre Extraction (BFE) at the CT Symposium, the next development phase has taken place.

Sustainability Technology

Astrid Mitchell

1 Dec. 2023

2 min read

People in the News

Ibrahim Stevens has become Governor of the Bank of Sierra Leone. He has been First Deputy Governor since July 2014, and succeeds Kelfala Kallon.

News

Astrid Mitchell

1 Dec. 2023

4 min read

Central Banks and Cash Round-Up

The focus of this month’s coverage of cash information in central bank annual reports is Asia, looking specifically at Kazakhstan, Kyrgyzstan, Japan and New Zealand.

News

Astrid Mitchell

1 Dec. 2023

1 min read

Holograms Head Up Security Awards

Banknote security features won two out of the five categories in the 2023 Excellence in Holography Awards, presented by the International Hologram Manufacturers Association (IHMA) at the recent annual online Holography Conference.

Events

Astrid Mitchell

1 Dec. 2023

2 min read

Nigeria Bins Demonetisation

The Central Bank of Nigeria (CBN) has confirmed that it will allow old banknotes that were due to be phased out in December to remain legal tender indefinitely, following a ruling by the country’s Supreme Court.

Banknotes Cash Handling

Astrid Mitchell

1 Dec. 2023

2 min read

Innovation and Exploration Take Centre Stage in Bilbao

The Intergraf Currency + Identity Conference and Exhibition took place from 18-20 October in Bilbao, Spain. The Bilbao Exhibition Centre hosted this year’s 940-plus participants from the two branches of the industry, of which more than 170 were from central banks, government and law enforcement, along with 107 exhibitors.

Events

Astrid Mitchell

1 Dec. 2023

2 min read

META Materials Plans Focus on Security

META Materials Inc, a developer of high performance functional materials and nanocomposites which acquired security feature specialist Nanotech Security Corp in 2021, has announced details of a restucturing plan that will see it focus on core business lines that are either generating revenues, or expected to do so in the near future.

Companies