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CPS Returns, Launches Green Strategy

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.

Sustainability - May 30, 2024 midnight

Secure Innovation Launches Remote Planet

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.

Companies - May 30, 2024 midnight

Future of Meta Materials in Doubt

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.

Companies - May 30, 2024 midnight

Every Little Bit of Sustainability Helps

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.

Sustainability - May 30, 2024 midnight

The Value that Cash Brings to Society: Global Currency Forum 2024

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.

Events - May 30, 2024 midnight

IACA Awards – the Winners Are…

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.

Events - May 30, 2024 midnight

Ignis House Note – Out of Darkness Comes Fire

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.

Technology - May 30, 2024 midnight

Cash Sustainability Forum Draws Close

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.

Events - May 30, 2024 midnight

Note and Coin News

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.

Banknotes - May 30, 2024 midnight

In Other News…

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.

News - May 30, 2024 midnight

Challenging Manufacturing ‘Truth’: Is Small Beautiful?

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.

Free - May 29, 2024 midnight

Commemorative Banknote Celebrates Year of the Dragon

2024 heralds the Year of the Loong (or Chinese Dragon) in the traditional Chinese zodiac calendar. In December 2023, the People’s Bank of China issued a commemorative 20 yuan banknote for the 2024 Chinese Zodiac New Year, crafted from polymer substrate and manufactured by the Beijing Banknote Printing Co, a subsidiary of China Banknote Printing and Minting Corporation.

Banknotes - May 1, 2024 midnight

News in Brief

Koenig & Bauer and Graphic Security Systems Corporation (GSSC) have formed a partnership to jointly develop and deliver advanced anti-counterfeiting solutions to customers worldwide.

News - May 1, 2024 midnight

Record Year for G+D

Giesecke+Devrient (G+D) has announced that it achieved the strongest growth in its history in 2023, setting new records for sales, growth and earnings in line with its strategy as a leading global secure technology company to help to shape the digital transformation of society.

Companies - May 1, 2024 midnight