Latest News

Astrid Mitchell

1 Aug. 2022

3 min read

Croatia Gets Green Light to Adopt Euro in 2023

It’s official – Croatia has been given the green light to adopt the euro as its currency. On 12 July the Council of the European Union formally approved its accession to the euro area on 1 January 2023.

Central Banks

Astrid Mitchell

1 Aug. 2022

2 min read

SARB Maintains Denominational Mix

The South African Reserve Bank (SARB) has recently commented about options for its denominational structure, following ‘fake news’ that it is planning to introduce a new high denomination R500 note and R10 coin.

Central Banks

Astrid Mitchell

1 Aug. 2022

7 min read

De La Rue Terminates Agreement with Portals; Latter to Close Banknote Paper Mill

On 26 July, De La Rue announced that it is terminating its ten year supply agreement with Portals Paper five years early, an agreement that formed part of private equity-backed management buyout of the paper maker in 2018.

Companies

Astrid Mitchell

1 Aug. 2022

5 min read

News in Brief

Austrian foil manufacturer Hueck Folien has erected a new 400 kWp photovoltaic Wp system on its Baumgartenberg premises, with an output equivalent to the energy consumption of 100 households.

News

Duncan Reid

1 Aug. 2022

8 min read

The Counterfeiter Classification

In our February feature on counterfeiting, Duncan Reid covered adversarial analysis. In this article he reviews the classification of counterfeiters, illustrated by case studies at each level.

Counterfeiting

Astrid Mitchell

1 Aug. 2022

3 min read

Green Light for New French Printworks

The Banque de France (BdF) has announced that the construction of a new banknote printworks on the same site as its paper mill in Vic-le-Comte (Europafi) is going ahead, and will be completed in 2026 at a cost of €220 million.

Banknotes Central Banks Free Free

Astrid Mitchell

29 June 2022

2 min read

Two New Apps for Banknote Authentication

In May, we covered Koenig & Bauer Banknote Solutions’ two offerings for app-based banknote authentication and education. This month it is the turn of two more – from De Nederlandsche Bank and Orell Füssli Security Printing.

Banknotes

Astrid Mitchell

29 June 2022

4 min read

JUMP™ – A Giant Leap Forward for Banknote Security and Beauty

Several studies have revealed how overt security features are not only more efficient, but are easy to recognise and authenticate, when they are well integrated in the banknote design.

Banknotes Substrates, Features

John Winchcombe

29 June 2022

2 min read

SICPA Opens its Doors

SICPA’s IMMERSION event this year, which took place via a series of one-day workshops spanning April and May, focused on the future and features, with innovation as the constant theme throughout.

Events

Astrid Mitchell

29 June 2022

2 min read

Komori Increases Sales and Returns to Profit

Komori Corporation has published its financial figures for 2021/22, reporting a return to profit and an increase of 22% in consolidated net sales compared to the previous year.

Companies

Astrid Mitchell

29 June 2022

3 min read

In Other News…

Ulster Bank, one of Northern Ireland’s three note issuing bank, has now released its new £50, the design of which focuses on the province’s industries and the achievements of women in Northern Ireland.

News

Astrid Mitchell

29 June 2022

1 min read

Celebrating 75 Years Through Coins

India’s Prime Minister, Narendra Modi, has launched a special series of coins to mark the country’s 75th anniversary of independence, at a special ceremony organised by the Ministry of Finance and Ministry of Currency Affairs.

Coins

Antti Heinonen

29 June 2022

8 min read

A Global Update on Cash Demand in Turbulent Times: Part I

Currency News™ has published annual updates on the banknote developments at the global level since September 2017. The hope that this year’s update would illustrate some kind of return to a new normal in cash demand has proved to be unrealistic.

Studies, Reports

Astrid Mitchell

29 June 2022

5 min read

A Vision of a Circular Economy for Banknote Waste

Not many people know that Royal Dutch Kusters Engineering (Kusters) used to make fluorescent lamp recycling equipment for the electronics giant Philips, glass recycling for the brewer Heineken and coffee pod recycling for Sara Lee.

Companies Sustainability

Astrid Mitchell

29 June 2022

2 min read

CCL Secure Reduces CO2 Emissions by 26% in UK

CCL Secure has achieved a 26% reduction in carbon emissions per tonne of product at its Wigton site in England since 2018. With the support of sustainability consultants Verco, CCL Secure has reduced manufacturing emissions across all three scopes of greenhouse gases, without the inclusion of carbon offsets and market based instruments.

Companies Sustainability

Astrid Mitchell

29 June 2022

3 min read

The Cash Paradox? Is It All About to Change?

Both before, during and since the two years of COVID, the industry has become very aware of what has become known as the cash paradox, identified as the continued growth of cash in circulation compared with a country’s GDP, despite its declining use for payments.

Cash Handling

Astrid Mitchell

29 June 2022

2 min read

White Nights for HSP EMEA

High Security Printing™ EMEA took place 13-15 June in Tallinn, Estonia’s capital on the Baltic Sea. Famed for its ‘white nights’ in mid-summer, when the sun hardly sets, Tallinn is the country’s cultural hub.

Events

Astrid Mitchell

29 June 2022

2 min read

BSP Moves Forward with New Production Facility

The Bangko Sentral ng Pilipinas (BSP) has received approval for a budget of at least P25 billion ($450 million) for the construction of its new Currency Production Facility (CPF) in a 31.2 hectare complex in New Clark City in Capas, Tarlac.

Central Banks

Astrid Mitchell

29 June 2022

4 min read

New Look, More Security for the Latest in a Long Line of Tunisian Banknotes

In April, the Central Bank of Tunisia completed the introduction of its latest series of four banknotes, the 11th since its inception in 1958, making it one of Africa’s most prolific banknote issuers.

Banknotes

Astrid Mitchell

29 June 2022

2 min read

People in the News

The Governor of the Sveriges Riskbank, Stefan Ingves, will step down at the end of this year, to be replaced by the country’s chief financial regulator, Erik Thedéen.

News