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.

Towards the end of 2023, Royal Dutch Kusters Engineering (Kusters) carried out an extensive survey involving central banks globally, in partnership with Reconnaissance International.

The National Bank of the Kyrgyz Republic (NBKR) has issued the new 5,000 som banknote, the seventh and last banknote of the fifth series, completing the modernisation that started in May 2023. The new series includes denominations ranging from 20 to 5,000 som – all featuring RAPID HD® Detect from Crane Currency.

The Bank of Canada has issued a progress update on the new $20, which will feature King Charles III as the portrait subject, replacing that of the late Queen Elizabeth II. The back will continue to feature the Canadian National Vimy Memorial.

An unscientific rule of thumb taught to those entering the banknote industry used to be that a country needed a population of about 40 million people to justify having their own banknote printing works. This article considers how accurate, or relevant, this rule is in modern times.

In this periodic series summarising counterfeit currency around the world, we focus on the latest news from Switzerland, Ukraine, Spain and Bulgaria.

Antti Heinonen looks at the evolution of central bank engagement with the public on banknotes, considering what lessons can be learned and including his own personal perspective.