At the Banknote Conference in May, Guilmar Ernesto Moncayo Ponce from the Bank of Mexico provided information about progress on the first of a three phase project looking at the presence and role of micro-organisms on banknotes.

In this article, Kerre Corbin of Kerrency details what happens to counterfeits when they are handed in and considers whether these notes included in the counterfeiting statistics reported by central banks.

Glory – the Japanese developer of cash handling, management and automation systems for the financial, retail, vending, transportation and gaming sectors – has reported an impressive increase in sales for 2023-24 and a return to profit, driven largely by a resurgence in the domestic market.

As Currency News™ went to press, De La Rue provided a strategic update which states that a sale of one or both divisions could be on the cards. The Board is in discussions with a number of parties who have made proposals in relation to, or expressed interest in, either of the divisions – Authentication and Currency.

It was 20 years ago that the micro-optics technology behind MOTION® first made its appearance – first at the Optical Document Security conference that year in San Francisco, and then a few months later at the Currency Conference in Rome.

The CBDC Conference take place from 10-12 September in Istanbul. The conference organiser has now published the first tranche of confirmed speakers, 15 of whom are from central banks, as well as the International Monetary Fund.

The third DENARIA Conference recently took place in Madrid, with a focus on how cash can ensure a fair, inclusive and secure digital transition, particularly in a country where cash continues to be the main payment method for a very significant number of citizens.

Further to the completion of the acquisition of OpSec Security for $270 million, Crane NXT has announced a restructuring of its business segments.

Three of the main mints have recently published their annual results for 2023. It’s something of a mixed bag, with overall positive results, but not necessarily driven by circulating coins.

There was a time when the market for polymer substrates, albeit small, was dominated by one supplier. The market grew, and so did the number of suppliers, CCL Secure and GUARDIAN™ being joined by De La Rue with SAFEGUARD®.

The Banknote Conference took place 13-16 May in Fort Worth, Texas. Organised by Currency Research, it was attended by nearly 425 delegates from 72 countries and 183 organisations. Of those, 92 were central banks and/or printworks.

Just over a year ago, CPS announced that it was exiting the market for high-speed banknote sorting systems and pivoting to software and services. It was then back in force at the Banknote Conference, unveiling its new strategy for sustainability, flexibility and digitisation for the banknote fitness sorting and authentication sector.

Secure Innovation Group, the global technology company specialising in cash protection and security solutions (formerly known as Spinnaker), has launched its latest brand – Remote Planet.

The materials and nanotechnology specialist Meta Materials – which acquired the security features company Nanotech Security Corp in 2021 – has announced a workforce reduction of 80%. It is understood that most of the workforce of over 100 has already been let go.

On July 20, 1969, more than 500 million people around the world watched the Moonlanding, the ‘great leap for mankind’ - a technical feat that opened new horizons for humanity.

Gary Spinks of Security Fibres introduced his presentation in one of the Innovation Sessions at the Banknote Conference with the acknowledgement that, in the great scheme of things, security fibres are an infinitesimally small element of security paper, and therefore the impact of more sustainable fibres is limited. Even so, he said, everyone needs to do their bit.

In an era marked by rapid digitalisation and evolving payment methods, the enduring role of physical currency remains a cornerstone of economic stability and financial inclusion. It is within this context that the upcoming Global Currency Forum (GCF) in Muscat, Oman, assumes paramount significance.

The IACA 2024 Excellence in Currency Technical Awards, which are sponsored by Currency News, were presented at the dinner on the last evening of the Banknote Conference, 15 May.

The winner of the IACA Best New House Note at this year’s Banknote Conference was Bundesdruckerei (BDR), which launched its new note – Ignis – from the ExNihilo series during the conference.

A forum is a meeting where ideas and views on a particular issue can be exchanged, and that is the aim of the Cash Sustainability Forum, providing the opportunity for all stakeholders involved in cash to meet, share, understand and learn.