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.

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.

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.

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.

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).

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.

The Royal Mint (TRM) announced its results for 2022/23 which, according to Anne Jessopp, its Chief Executive, was a pivotal year as it embarked on a five year business transformation plan.

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.

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.

‘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.