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BSP Estimates Savings with Polymer

The Bangko Sentral ng Pilipinas has said it will save as much as P2.4 billion (US$40 million) from the conversion of paper 1,000 piso banknotes to polymer due to their longer lifespan.

Substrates - November 4, 2022 12:01 a.m.

Cooperating to Secure Cash

One of the defining characteristics of the mint industry, compared with the banknote industry, is the level of cooperation between the various producers. Another has been its apparent stability. Perhaps the two are related.

Free - November 4, 2022 midnight

News in Brief

The Royal Mint has announced revenues of £1.4 billion for 2021/22, up by 27% over the previous year, and pre-tax profits of £18 million, up by 45% over the 2020/21 and the largest profit since it was vested as a limited company in 2010.

News - November 4, 2022 midnight

In Other News...

The Central Bank of Paraguay has announced that a new series of guarani banknotes is underway, with the preparations likely to take more than a year.

News - November 4, 2022 midnight

Industry and Consumer Groups Convene to Support Cash

In addition to the industry associations that are advocating for cash, two new initiatives in Europe have demonstrated the scope for campaigns to promote cash acceptance at the country level by harnessing interest groups throughout society.

Companies - November 4, 2022 midnight

Sustainability Centre Stage in Edinburgh

This year the profile of sustainability has increased, with climate volatility evident in many countries. Last year’s white paper on the cash industry's work showed that much has been done and this industry has been doing good work for some time.

Events - October 5, 2022 12:01 a.m.

New Monarch, New Currencies

The death of HM Queen Elizabeth II on 8 September was a time of mourning and reflection on her remarkable life as the second longest reigning monarch in history.

Free - October 5, 2022 midnight

People in the News

Chief Marilynn (Lynn) Malerba has been sworn in as the new Treasurer of the United States. Prior to becoming Treasurer, she served as the 18th Chief of the Mohegan Tribe – the first Native American to serve in this position.

News - October 5, 2022 midnight

Indonesia Issues New Series on Independence Day

Bank Indonesia has designed a completely new series of banknotes, with significantly improved security features over the previous designs, selecting the nation’s Independence Day, 17 August, to launch them.

Banknotes - October 5, 2022 midnight

News in Brief

Komori Corporation has announced that the Komori Global Parts Center has been relocated to the Tsukuba Plant site to ensure a more stable parts supply in Japan and overseas.

News - October 5, 2022 midnight

New Mint Planned for Egypt

The Egyptian Cabinet has approved a proposal to conclude a partnership agreement between the Public Treasury, the Egyptian Mint Authority, and the UK’s Royal Mint to establish a new British-Egyptian mint.

Coins - October 5, 2022 midnight

Fusion™ – New Machine Readable Polymer for Banknotes

Spectra Systems provides security technologies for use in banknotes, product authentication and gaming using integrated solutions comprised of engineered materials for authentication, and hardware and software systems which verify the unique signatures of the authentication materials.

Features - October 5, 2022 midnight

Coin & Mint News Launches This October

Currency Publications Ltd, publishers of Currency News™ and Cash & Payment News™, will be launching a new monthly newsletter – Coin & Mint News™ – this October.

Coins - August 31, 2022 12:01 a.m.