Latest News

Astrid Mitchell

1 Feb. 2023

4 min read

20 Years of Currency News – Here’s to the Next 20

January 2023 marks the 20th birthday of Currency News™, so we thought we would take a quick tour of the last two decades and provide a back-of-the-envelope analysis of the differences in the cash ecosystem, and issues and priorities, between then and now.

Comment Free Free

Astrid Mitchell

27 Dec. 2022

4 min read

News in Brief

Bulgaria has signed a memorandum of understanding with the European Commission and the Eurozone group president, paving the way for the country to start minting its own euro coins once it receives approval for eurozone membership.

News

Astrid Mitchell

27 Dec. 2022

4 min read

Sustainability: A Part of Life at Australia’s Banknote Precinct

Sustainability as a concept has been best defined by the United Nations Brundtland Commission as 'meeting the needs of the present without compromising the ability of future generations to meet their own needs'.

Sustainability

Astrid Mitchell

22 Dec. 2022

4 min read

2022 – An Annus Horribilis?

There was a palpable sense of optimism as 2021 concluded that – despite disruptions, restrictions, new lockdowns and a virus on the march again – things were finally improving and would start going back to where they were, or at the very least, to somewhere different but nevertheless better than the previous two years.

Comment

Astrid Mitchell

22 Dec. 2022

4 min read

Unfit Banknote Recycling Solutions – a Study from Kusters

Kusters, a family-owned company founded in 1911, has been at the forefront of destruction and shred handling equipment for both banknotes and coins since the 1970s, and has an installed base of more than 700 systems in various applications in over 80 countries.

Banknotes Sustainability

Astrid Mitchell

22 Dec. 2022

2 min read

Bank of England Unveils New Charles III Notes

The new look of banknotes featuring the image of King Charles has been unveiled by the Bank of England. The portrait will be the only change to existing designs of £5, £10, £20 and £50 notes and will start to enter circulation from mid 2024.

Banknotes

Astrid Mitchell

22 Dec. 2022

3 min read

Coin and Banknote Suppliers Examine Environmental Impact of Payments

A group of organisations from both the coin and banknote sectors have joined forces to support a first-of-its-kind in-depth study into the environmental impact of cash versus digital payments.

Sustainability

Astrid Mitchell

22 Dec. 2022

2 min read

Digimarc CDS Contract Extended

Digimarc Corporation has announced a five-year extension of its agreement with the Central Bank Counterfeit Deterrence Group, comprising 35 of the world’s central banks.

Companies Counterfeiting

Astrid Mitchell

22 Dec. 2022

6 min read

Conflict, Energy Crisis, Rising Inflation and Interest Rates Continue to Unsettle Markets

In the full year, only three markets were less than 10% lower compared with the beginning of the year, eight lost between 10% and 20%, and three lost between 20% and 30%.

Companies

Astrid Mitchell

22 Dec. 2022

3 min read

A Celebration of Independence – and Technology

In November 2022, Algeria’s central bank, the Banque d’Algérie, issued a new 2,000 dinar banknote to commemorate 60 years of Algerian independence and to mark the occasion of the 31st Summit of the League of Arab States, which was hosted in Algiers.

Banknotes

Astrid Mitchell

22 Dec. 2022

5 min read

Headlines of 2022: That Was the Year That Was…

A review of this year's headlines.

Free Free

Astrid Mitchell

22 Dec. 2022

3 min read

EU Moves Ahead with Proposals for Uniform Cash Limits

The European Union has announced a set of new directives to limit the amount of cash and crypto transactions in a move, it says, that will crack down on money laundering and terrorist financing.

Cash Handling

Astrid Mitchell

22 Dec. 2022

5 min read

In Other News…

The BEAC (Banque Centrale des Etats de l’Afrique Centrale) has now introduced its new series of banknotes, coinciding with the 50th anniversary of its foundation.

News

Astrid Mitchell

2 Dec. 2022

3 min read

De La Rue – Some Progress in Tough Market

De La Rue’s results for the first half of the current financial year – 2022/23 – saw sales and profits fall, along with a reduced overall profit guidance for the full year.

Companies

Astrid Mitchell

2 Dec. 2022

1 min read

Energy Management Award for CCL Secure

CCL Secure has won an Energy Management Award, together with its sustainability partner Verco, at the 23rd Energy Institute Awards ceremony, which was held on 23 November in London.

Events Sustainability

Astrid Mitchell

2 Dec. 2022

1 min read

FIFA World Cup Banknote

The Qatar Central Bank has issued a commemorative banknote to mark the FIFA World Cup, which is taking place in the country from 18 November to 20 December.

Banknotes

Astrid Mitchell

2 Dec. 2022

12 min read

Koenig & Bauer Banknote Solutions – Bridging the Physical and Digital for a Better Cash Cycle

Koenig & Bauer Banknote Solutions (KBBNS) recently announced that it is moving into the cash innovation space by developing a family of ‘bridging technologies’ to enable the physical banknote product to connect to digital data ecosystems.

Interviews

John Winchcombe

2 Dec. 2022

4 min read

Hot Air, or Cool Progress?

A year ago, the white paper, ‘Cash: A Roadmap to Sustainability,’ recorded a pleasing level of activity and progress across the cash industry on environmental sustainability, with plenty of evidence of organisations striving and achieving to do better.

Events Sustainability

Astrid Mitchell

2 Dec. 2022

2 min read

Crane Invests in Sustainability

Crane Currency has inaugurated a new filtration system that will reduce water consumption by as much as 500,000 cubic meters per year and remove more cotton fibres for reuse in paper production at its paper mill in Tumba, Sweden.

Companies Sustainability

Astrid Mitchell

2 Dec. 2022

3 min read

US Dollar Production Reverts to Pre-Pandemic Norms

The production of US banknotes for 2023 will likely be below that of the previous two years, according to the 2023 Federal Reserve order for currency published in early November.

Banknotes