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.

The venue and date for the African Currency Forum has been announced. It will take place from 15-18 January in Luxor, and more information about the events can be found at africancurrencyforum.com.

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.

Currency News™ spoke to Malcolm McDowell, CEO of NPA, and Neil Sanders, Managing Director of CCL Secure, about their story, how their cooperation works, and the environmental as well as commercial benefits of their physical proximity.

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.

Despite being the oldest company in Chile (it was founded in 1743), in the last four years the state-owned firm Casa de Moneda Chile has gone ‘from the physical to the cloud’.

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.

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.

If you have been enjoying a new blockbuster movie at the theatre or binge watching the latest series on your sofa, then you’ve most likely seen impressive piles of cash. This is actually fake cash, manufactured as a prop, especially for the camera.

Glory Global Solutions is acknowledged as the leader in teller cash recycling solutions, with 100,000 units installed worldwide and a market share, according to RBR, of 56%.

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.

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.

Cash Visibility – the Federal Reserve’s program to automate the cash supply chain – is at the point of rolling out.

Swiss-based SICPA and New-Mexico nanotechnology company UbiQD have announced an expansion of their partnership to develop security inks based on the latter’s quantum dot technology.

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.

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.

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.

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.

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.

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