New Partnership for Financial Literacy

Koenig & Bauer Banknote Solutions (KBBS) and Aflatoun International, a global leader in innovative financial literacy ecosystems, have announced a new partnership to explore and develop new ways to enable access to financial literacy resources, using banknotes as a tool.

Companies - August 25, 2023 midnight

NCR Moves Forward with Separation Plan

Plans for the separation of NCR Corporation into two separate businesses is moving apace, with the US Securities and Exchange Commission declaring effective the registration on Form 10. The two new businesses, NCR Atleos and NCR Voyix, will focus on ATMs and digital commerce in retail, hospitality and banking, respectively.

Companies - August 25, 2023 midnight

Vacuumatic Restructures, Expands in Germany

The Vacuumatic Group, in operation for over 70 years, has announced a restructuring programme involving the closure of its headquarters at Colchester in the UK, and the transfer of production to its former sales and service subsidiary in Germany.

Companies - August 25, 2023 midnight

Hitachi Moves into Cash Services

Hitachi Payment Services, India’s leading integrated payment solutions provider and a subsidiary of the Japanese multinational technology conglomeration Hitachi, has entered into an agreement to acquire the cash management business of Writer Safeguard from its parent, the Writer Corporation.

Companies - August 25, 2023 midnight

New Printworks for Poland

The Polish state-owned printer and papermaker PWPW is building a new banknote printing plant and paper mill on an 18-hectare site in Warsaw, recently purchased from the state-owned pharmaceutical company Polfa Tarchomin for PLN 143 million (€32 million).

Companies - August 1, 2023 midnight

KURZ Recognised for Sustainability Progress

KURZ, the market leader in security foils for banknotes, has announced that it has been awarded a silver medal from the well-known sustainability rating agency EcoVadis, having achieved excellent results in all four areas examined – the environment, labour and human rights, ethics and sustainable procurement.

Sustainability - August 1, 2023 midnight

IN Groupe Buys GSI

IN Groupe, owners of the optical features specialist SURYS, has agreed to buy 100% of the shares of Gleitsmann Security Inks from hubergroup Deutschland for an undisclosed consideration in cash.

Companies - August 1, 2023 midnight

SURYS – Acquisitions Point to Ambitions in Physical and Digital Security

Currency News spoke to Frederic Trojani, CEO of SURYS and Executive Vice President for the Secured Components Division of IN Groupe, about the company’s history, how being part of IN Groupe is helping it fulfil its ambitions in the currency market, and the benefits that the two recent acquisitions will bring.

Companies - August 1, 2023 midnight

Indian Banknote Firm Eyes Global Growth

‘Make in India’, the long-running government-sponsored initiative to ‘on-shore’ production and reduce imports, is now resulting in Indian entities becoming global providers.

Companies - July 3, 2023 midnight