Spectra Systems has developed its own print-ready machine- readable banknote polymer substrate, FUSION™, working exclusively with Toray Plastics America.

The intensive focus on sustainability and greener solutions has been developing rapidly in the banknote industry. In the July 2023 edition of Currency News™, G+D described its rationale for sustainable products, and highlighted, firstly, the introduction of the Green Banknote initiative in 2022 and, subsequently, the introduction of Green Longlife™ in 2023.

As an anti-forgery expert with the Egyptian Ministry of Justice, I have spent decades investigating the strength and security of various banknote substrates. My work has involved analysis of the technical specifications of banknotes, through extensive mechanical and chemical testing, as well as an assessment of data published by central banks. I’d like to share my findings here.

This year the International Association of Currency Affairs (IACA) celebrates its 20th anniversary. It was the first industry-wide association and remains the only one that encompasses all stakeholders in the cash cycle on a global basis.

The European Central Bank (ECB) has been working to reduce the environmental impact of euro banknotes and the Eurosystem cash cycle since the introduction of the euro in 2002. Although it has made progress, it has further goals to reduce the environmental footprint of current and future euro banknotes.

China Banknote Printing & Minting (CBPM) has developed and is now using a new integrated processing and packaging production line for post-press operations.

The Reserve Bank of Zimbabwe has unveiled a new family of coins and banknotes denominated in Zimbabwe gold (expressed as ZiG), which replaces the preceding dollar notes at a rate of 1:2,498.7242.

The Central Bank of Suriname has introduced two new high denomination banknotes; the 200 and 500 Suriname dollars, showcasing advanced security and sustainable substrates.

Florida, Wisconsin and Vermont are the latest states to consider introducing legislation to force cash acceptance.

The International Hologram Manufacturers Association has recently expanded the Hologram Image Register to incorporate all optically variable security images. The Security Image Register (SIR) is the only database of its kind for the security community, safeguarding copyright and helping deter attempts to copy security images, inadvertently or otherwise.

Crane NXT, whose subsidiaries include Crane Currency, Crane Authentication and Crane Payment Innovations, has announced it has signed a definitive agreement with Investcorp Technology Partners to acquire the optical technologies and brand protection specialist OpSec Security for $270 million in cash, subject to customary adjustments.

Many counterfeiters use a common method of counterfeiting called ‘bleaching’ to create their fakes. This technique is frequently observed in countries that have the same size banknotes across all denominations, such as the US dollar.

De La Rue has announced that it has achieved an A- in its 2023 CDP Climate Change Questionnaire, which means it has reached leadership status (A and A- scores).

Last month, we covered the annual results of four of the major companies in the cash sector –Crane NXT, Loomis, NCR Atleos and Diebold Nixdorf. After the predicable challenges of the COVID years and their aftermath, 2023 was a good year for all.

The Central Bank of the Republic of Turkey has appointed Fatih Karahan as its new Governor.

Last July, Currency News™ reported that BioBanknote, the developer of solutions for repurposing end of life banknotes, and the Banco Central de Reserva del Perú (BRCP) were conducting a composting test with the waste from banknotes withdrawn from circulation. This article provides the results of that trial.

Banco Central República Argentina has confirmed that new 10,000 and 20,000 peso (ARS) notes will enter into circulation in June.

The 2024 Banknote Conference program was formed with the ideas, insights, and suggestions from the Banknote Advisory Board. As the industry’s premier technology-focused event, the committee’s input is a valuable part of the overall program structure, say organisers Currency Research, ensuring the most relevant, technology-focused topics for our industry today are covered such as the latest advancements in currency technology, trends, security features, and much more.

Nestling in the heart of the Balkans, Sofia, the capital of Bulgaria, was the picturesque setting for the latest edition of the High Security Printing™ (HSP) conference series (4-6 March). The sell-out event, which had to close its doors to new registrations three weeks in advance, brought delegates up to speed about what is happening to banknotes in the region and around the world.

The Regional Banknote and ID Document of the Year Awards form part of the industry’s High Security Printing (HSP) EMEA conference. This year’s awards were presented at a special ceremony during the conference dinner in Sofia on 5 March.