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PerceptNote® - the New Technology to Predict Banknotes and Security Features Perception

PerceptNote® is the brainchild of two experts working in the area of banknote analysis, Jane Raymond from Secure Perception Research Ltd and Ernesto González Candela from UnderCurrency SA de CV. Each recognised the value of perception analysis for banknote design but also saw the problems and challenges of conducting perception testing with physical samples. In this article, they explain their solution.

Banknotes - September 4, 2025 midnight

New House Note Supplement

Currency News™ will publish its third special supplement, ‘Concept Notes: Art, Design and Security in One’, in Spring 2026 – featuring the latest concept (house) notes from across the industry.

Studies, Reports - August 29, 2025 midnight

Authentix Powers Crypto Banknote with Next Generation Security

The ultra-fast trading platform Fastex recently announced the release of a series of collectible currency notes, each backed 1:1 by FTN token, the platform’s native cryptocurrency. Unveiled in early July at the Harmony Meetup 7 in Yerevan, Armenia, the annual event that unites top minds from Web3 and iGaming, these notes feature banknote-grade anti-counterfeit features provided by Authentix.

Technology - August 29, 2025 midnight

Swiss Citizens Have Their Say on New Banknotes

In last month’s Currency News™ we mused on whether inviting the public to provide input into new currency designs was a good or a bad thing. It has undoubted benefits, but also carries risks.

Banknotes - August 29, 2025 midnight

In Other News

The Royal Mint (TRM) has announced that just over 30 million new £1 coins are entering circulation across the UK, including 23.3 million of the final £1 coins featuring the effigy of the late Queen Elizabeth II.

News - August 29, 2025 midnight

(House) Banknotes of the Month

In this version of Banknote of the Month, we are focusing on some of the latest and best house notes, specifically those which have been released at the Currency Conference in May or the High Security Printing (HSP) Latin America conference in June.

Banknotes - August 29, 2025 midnight

Bolivia’s Bicentennial Commemorative Banknote

Amidst the gradual introduction of a new banknote series, Banco Central de Bolivia (BCB) has also launched a new bicentennial commemorative banknote, which was unveiled earlier this month at a special event attended by the country’s President at the Casa de Libertad in Sucre, a heritage museum and former church where the country signed its declaration of independence in 1825.

Banknotes - August 29, 2025 midnight

What is the Value of Cash?

Perhaps this feels like a nugatory question. But when you consider that between 2003 and 2024 there were five times as many studies about the cost of cash than about its value, and that the cost studies were mostly based on numbers while the value studies were more theoretical or descriptive, then the question starts to make sense.

Studies, Reports - August 29, 2025 midnight

A (Moving) Picture Tells a Thousand Words

At the Currency Conference in May, Bundesdruckerei presented visuals of the latest house note in its ExNihilo series. To do so, it used an ingenious new tool from Koenig & Bauer Banknote Solutions (KBBS) – Nota-Live™, which provides accurate live simulation of security documents, complete with realistic optically-varying effects, offering an exceptionally accurate and dynamic way to visualise the designs of these documents.

Technology - August 29, 2025 midnight

Sequential Banknotes: from Manual to Automated Production

In China, commemorative banknotes are more than just banknotes; they serve as carriers of significant historical memories, reflections of Chinese culture, and symbols of national achievements. Because of this, the country sets a high store on quality standards for each note. Among the features most valued by collectors is the presence of consecutive serial numbers – the more unique and uninterrupted the sequence, the greater the collectible value.

Technology - August 29, 2025 midnight

Global Developments in Coins v Banknotes

We have recently read that the US Treasury has confirmed that the production of US one cent coins will stop once the stocks of blanks have been used up. Respectively, on the other side of the Atlantic, the German National Cash Forum advocates rounding up or down to the nearest 5 euro cent for cash payments in Germany. It even proposes that the rounding rule (applied from the beginning in Finland) should be applied across Europe as uniformly as possible. Cash means both notes and coins. Therefore, the monitoring of both is important to the future of cash.

Studies, Reports - August 29, 2025 midnight

Central Banks and Cash Round-Up

The focus for this month’s summary of news from central bank annual reports and other sources are Mozambique, South Africa, and the UK.

Central Banks - August 29, 2025 midnight

The Need for Revolution, Not Evolution

In the northern hemisphere, August has become the ‘go away’ month. Everything slows down and you can’t be sure that you’ll get a response. In those circumstances, we are risking affront by suggesting the need for a radical and fundamental review of cash and the cash cycle. Replies welcome!

Free - August 29, 2025 midnight

More Than Money: Guatemala’s Q1 Quetzal Symbolizes Economic Confidence

At the recent HSP™ Latin America conference in Rio, the winner of the Regional Commemorative Banknote of the Year award was Banco de Guatemala (Banguat) for the Q1 quetzal. The Governor, Alvaro González Ricci, who received the award, also spoke about the banknote in his presentation at the conference.

Interviews - August 29, 2025 midnight

News in Brief

The Central Bank of the UAE (CBUAE) and Bank of South Sudan have signed a Memorandum of Understanding (MoU) to establish a comprehensive cooperation framework in the areas of security printing, developing innovative solutions for switching and processing payment card transactions in South Sudan, and exchanging knowledge, experiences, and technical training.

News - August 29, 2025 midnight

IOTA to Host OVD Workshop at Banknote Conference

As part of the pre-event agenda for Currency Research’s 2026 Banknote Conference in Washington DC (11-14 May 2026), the International Optical Technologies Association (IOTA) will host an in-depth workshop entitled Dynamic Security: The Science and Application of OVDs in Currency.

Events - August 21, 2025 midnight

People in the News

The Bank of Thailand has appointed Vitai Ratanakorn, the head of Thailand’s state-owned Government Savings Bank, as its next Governor, succeeding Sethaput Suthiwartnarueput.

People - July 28, 2025 midnight

Uniting a Nation – the Challenges of a New Series

The Bank of England (BOE) and the European Central Bank (ECB) have both started the process of designing new banknote series. With counterfeiting levels low, the rationale for these new series seems to lie in a wish to ‘renew’ and ‘reinvigorate’ people and the idea of the nation (UK) or community (Europe). To deliver this, playing it ‘safe’ risks failure. Can the designers rise to the challenge?

Free - July 25, 2025 midnight