Latest News

Astrid Mitchell

3 July 2024

3 min read

Enterprise Cash Management Limited Unveils ECM™ – Centralised Control

In June’s issue of Currency News™, we covered the rebirth of CPS and its new strategy. As part of this strategy, CPS has worked with its sister-company Enterprise Cash Management to develop ECM™ – Centralised Control.

Companies

Astrid Mitchell

3 July 2024

7 min read

Equinox: On the Cusp of Change

Koenig & Bauer Banknote Solutions (KBBNS) has run its ‘Equinox’ customer event in parallel with the DRUPA print conference and through into June. It has used the event to showcase what it does, to launch a number of new developments, particularly its AKTINA™ product, and to make the case for thinking about banknotes, and banknote printing differently.

Companies

Astrid Mitchell

3 June 2024

2 min read

Glory Bounces Back

Glory – the Japanese developer of cash handling, management and automation systems for the financial, retail, vending, transportation and gaming sectors – has reported an impressive increase in sales for 2023-24 and a return to profit, driven largely by a resurgence in the domestic market.

Companies

Astrid Mitchell

29 May 2024

2 min read

Future of Meta Materials in Doubt

The materials and nanotechnology specialist Meta Materials – which acquired the security features company Nanotech Security Corp in 2021 – has announced a workforce reduction of 80%. It is understood that most of the workforce of over 100 has already been let go.

Companies

Astrid Mitchell

29 May 2024

1 min read

Secure Innovation Launches Remote Planet

Secure Innovation Group, the global technology company specialising in cash protection and security solutions (formerly known as Spinnaker), has launched its latest brand – Remote Planet.

Companies

Astrid Mitchell

29 May 2024

5 min read

Stop Press – De La Rue for Sale?

As Currency News™ went to press, De La Rue provided a strategic update which states that a sale of one or both divisions could be on the cards. The Board is in discussions with a number of parties who have made proposals in relation to, or expressed interest in, either of the divisions – Authentication and Currency.

Companies

Astrid Mitchell

30 April 2024

2 min read

CBPM’s New Integrated Process and Packaging Line - Less Manual, More Intelligent

China Banknote Printing & Minting (CBPM) has developed and is now using a new integrated processing and packaging production line for post-press operations.

Companies

Astrid Mitchell

30 April 2024

2 min read

Record Year for G+D

Giesecke+Devrient (G+D) has announced that it achieved the strongest growth in its history in 2023, setting new records for sales, growth and earnings in line with its strategy as a leading global secure technology company to help to shape the digital transformation of society.

Companies

Astrid Mitchell

30 April 2024

3 min read

A New Force in Vietnam for Polymer Production

In recent years Vietnam has been a go-to country for many of the world players in the technology, automotive, and fashion industries. It is now stepping into a new field – polymer banknote substrates and security features.

Banknotes Companies Technology

Astrid Mitchell

2 April 2024

3 min read

BEP Pushes Ahead with Modernisation, Expansion and New Series

The Bureau of Engraving and Printing (BEP) has published its annual report for 2023 – the first under Acting Director Charlene E Williams, who was appointed to the position after the retirement of Len Olijar last July.

Companies

Astrid Mitchell

2 April 2024

2 min read

Crane to Acquire OpSec

Crane NXT, whose subsidiaries include Crane Currency, Crane Authentication and Crane Payment Innovations, has announced it has signed a definitive agreement with Investcorp Technology Partners to acquire the optical technologies and brand protection specialist OpSec Security for $270 million in cash, subject to customary adjustments.

Companies

Astrid Mitchell

2 April 2024

5 min read

A Positive Picture for Cash Companies in 2023 – Part 2

Last month, we covered the annual results of four of the major companies in the cash sector –Crane NXT, Loomis, NCR Atleos and Diebold Nixdorf. After the predicable challenges of the COVID years and their aftermath, 2023 was a good year for all.

Companies

Astrid Mitchell

29 Feb. 2024

3 min read

Intaglio Platemaking for the Future from Jura and OEBS

A cooperative project between Jura (the developer of security prepress systems including software and hardware solutions) and OeBS (the Austrian banknote printer) has worked to develop direct engraved steel (S-DLE) intaglio printing plates, thus eliminating the use of an environmentally dangerous process and materials.

Companies

Astrid Mitchell

29 Feb. 2024

2 min read

Getting Ready for the Future

Koenig & Bauer Banknote Solutions (K&B BNS) has pre- launched its new production platform called ‘AKTINA’.

Companies

Astrid Mitchell

29 Feb. 2024

5 min read

A Positive Picture for Cash Companies in 2023

Each February and March we cover the previous year’s results for the leading companies in cash management, most of whose financial years run from January to December. Between them these results provide a useful means of taking the pulse of our industry.

Companies

Astrid Mitchell

29 Feb. 2024

2 min read

IMBISA Secures First Euro Orders

Europe’s newest printworks, Spain’s Imprenta de Billetes SA (IMBISA), has been awarded a contract to produce all €10 banknotes destined for the Eurozone in 2024 – 424.2 million in total. It will also produce a portion of the €5 notes required next year.

Companies

Astrid Mitchell

29 Feb. 2024

5 min read

Sustainability – Essential to Banknote Design

Biobanknote has spent 12 years focusing on the protection of the environment, building expert knowledge about composting banknotes, and offers professional advisory services to central banks and producers helping them set banknote specification parameters, measurement methodologies, controls and evaluations so that the new banknotes can be more sustainable throughout the cash cycle.

Companies Sustainability

Astrid Mitchell

1 Feb. 2024

3 min read

SPMCIL Records Strong Growth

Under the new leadership of Vijay Ranjan Singh, who was appointed its Managing Director last year, SPMCIL recently released its 2022/23 Annual Report, registering a growth of 20.35% in revenue to Rs 49.18 billion.

Companies

Astrid Mitchell

1 Feb. 2024

4 min read

CPBM Undergoes Transformation from Information Technology to Intelligence Technology

Currency News™ reported in November 2023 on the Guangzhou Banknote Printing Company and its ‘intelligent’ factory. Now China Banknote Ink Co is following on with an Integrated Operation Centre.

Companies

Astrid Mitchell

1 Feb. 2024

3 min read

What Goes Round Comes Round in the Minting Industry

The start of 2024 has been marked by a series of acquisitions in the minting community.

Coins Companies