Latest News

Astrid Mitchell

1 April 2026

4 min read

2025 Proves ‘Steady State’ Year for Cash Management Companies

Over the course of February and March, five of the leaders in the distribution and management of cash in circulation published their annual results for 2025 – ATM and self service specialists Diebold Nixdorf and NCR Atleos, and CIT and cash handling companies Prosegur, Brinks, and Loomis.

Companies

Alex Sadler

1 April 2026

3 min read

Mints Exceed Expectations for 2025

Monnaie de Paris (MdP) has announced strong financial and operational results for 2025, marking its sixth consecutive year of positive profitability and reinforcing the institution’s ongoing transformation. Contrary to forecasts of a decline in revenue following an ‘exceptional year’ in 2024, largely driven by the Paris Olympic and Paralympic Games, MdP has reported an historic turnover at year end.

Coins Companies

Astrid Mitchell

1 April 2026

2 min read

Crane NXT’s Results Reflect the Impact of Acquisitions, and Success of Micro-Optics

Recent financial results from Crane NXT highlight growing global demand for advanced authentication technologies, especially its platform of micro-optic security features for banknotes. In mid February the company reported strong performance for the fourth quarter and full year ending 31 December 2025, reflecting wider adoption of its currency and security solutions by central banks worldwide.

Companies

Astrid Mitchell

1 April 2026

5 min read

Inside Europe’s Largest State-Owned Banknote Printing Facility

In the December issue of Currency News™ we ran an article entitled ‘Reports of the Death of Cash are Greatly Exaggerated’, paraphrasing Mark Twain’s immortal words in response to reading his own obituary. In it, we mused over how widescale reports of the death of cash are at odds with numerous investments around the world in banknote production and distribution.

Companies

Astrid Mitchell

4 March 2026

4 min read

Two Cash Industry Giants to Combine

Two of the cash industry’s biggest names have announced a tie up. The leader in CIT and cash management, The Brink’s Company, is buying NCR Atleos, the No 1 ATM and self service supplier, for $6.6 billion. The companies expect the transactions to close in the first quarter of 2027, subject to customary closing conditions, according to the release. The combined entity will have total revenues of $10 billion, $2 billion of adjusted EBITDA and about $1 billion of free cash flow.

Companies

Astrid Mitchell

3 Feb. 2026

4 min read

Q&T Hi-Tech Polymer – An Insurgent’s Tale

Challenging long established companies in a deeply conservative market is a daunting prospect, and yet that is what Q&T Hi-Tech Polymer (Q&T) has done.

Companies

Astrid Mitchell

3 Feb. 2026

2 min read

Hueck Folien Hits ‘Full-Liner’ Status with WaveFront Acquisition

Banknote security specialist Hueck Folien has acquired California-based WaveFront Technology LLC, transforming the Austrian firm into a ‘full-liner’ with end-to-end control over the security feature lifecycle. By integrating WaveFront’s 30-year expertise in micro and nanostructures, Hueck Folien says that it secures strategic independence and the ability to originate custom optical designs in-house. The value of the transaction was not disclosed.

Companies

Astrid Mitchell

3 Feb. 2026

4 min read

Industry Watch – a Review of the Share Price of the Quoted Companies in Currency

We invariably cover the financial results of the public (listed) companies in our sector, certainly annually and sometimes their interim results too, as a means of taking the temperature of the industry. To supplement this is Industry Watch, now published annually rather than quarterly, which specifically looks at their share prices over the period of the preceding year.

Companies

Astrid Mitchell

29 Jan. 2026

3 min read

Currency Associations Join Forces

The International Currency Association and the International Mint Industry Association have announced that they will merge to become a combined industry association. The two organisations will join forces under the ICA umbrella, aiming to unite the global currency industry more closely and strengthen the collective voice for cash, including both banknotes and coins.

Companies

23 Dec. 2025

2 min read

SPMCIL Reports Record Revenue

Security Printing & Minting Corporation of India Ltd (SPMCIL) recently published its 2024/25 Annual Report, showing a 15.84% increase in revenue to Rs 58.84 billion. Costs increased by 19.9% to Rs 43.96 billion.

Companies

Francis Tuffy

23 Dec. 2025

7 min read

30 Years of Doing the Right Thing: KURZ Marks Three Decades of Security-Foil Production at Sulzbach-Rosenberg

When LEONHARD KURZ GmbH & Co KG (KURZ) opened its optical film facility in Sulzbach-Rosenberg, few could have predicted how profoundly it would shape the global security feature industry. To this day, the site remains one of the company’s strategic production centres — and an example of industrial renewal, where a region built on coal and steel turned to optics and precision engineering.

Companies

Astrid Mitchell

23 Dec. 2025

2 min read

Investing in Cash Production

Below are some of the central banks, printworks, and substrate makers that have either recently concluded major investments in expansion or new facilities, are in the process, or planning to do so.

Companies

Astrid Mitchell

23 Dec. 2025

2 min read

Increased Demand for Coins in Australia, But No Banknotes

The Royal Australian Mint (RAM), which celebrated its 60th anniversary this year, sent over 131 million circulating coins with a face value of A$75.37 million into the Australian economy during FY 2024/25, nearly three times the 47.7 million coins issued the previous year.

Companies

Astrid Mitchell

23 Dec. 2025

2 min read

Cash Security Leaders Join Forces

Following a Letter of Intent signed in July, Oberthur Cash Protection and Feerica have completed their strategic merger, forming Oberthur Feerica. This follows the acquisition of Feerica from its owner, the holding company Zelosodisseia, financial terms of the deal were not disclosed.

Companies

Astrid Mitchell

28 Nov. 2025

2 min read

New Metallisation Facility a Leap Forward in Throughput and Energy Saving

Hueck Folien – specialists in applied security features and threads for banknotes – has successfully commissioned a new high-vacuum vapour deposition facility at its headquarters in Baumgartenberg, Austria. The €8.6 million investment, announced in September 2024, includes both a new metallisation system and associated infrastructure upgrades, and marks a major advance in the company’s production of high-performance coatings for the security sector.

Companies

Astrid Mitchell

28 Nov. 2025

2 min read

SICPA Supports Mine-to-Market Visibility

SICPA leveraged its security ink and traceability expertise to launch BullionProtect® in 2020, designed to prevent counterfeit gold bars being mistaken for genuine ones. Jointly developed with refiner and coating specialist Metalor Technologies, in line with LBMA (London Bullion Market Association) guidance, the integrated solution comprises a security image applied directly to the bar and bespoke validation devices.

Companies

Francis Tuffy

11 Nov. 2025

2 min read

Hueck Folien Opens New Metallisation Facility in Austria

Hueck Folien has successfully commissioned a new high-vacuum vapour deposition facility at its headquarters in Baumgartenberg, Austria. The €8.6 million investment, announced in September 2024, includes both a new metallisation system and associated infrastructure upgrades, and marks a major advance in the company’s production of high-performance coatings for the security sector.

Companies

Astrid Mitchell

31 Oct. 2025

2 min read

Authentix and KURZ Join Forces to Deliver QUANTUM stripe™ at Scale

Authentix, a pioneer in nano-optic security technologies, has signed a Cooperation and License Agreement with LEONHARD KURZ, one of the world’s largest advanced high security feature manufacturing companies, uniting the former’s breakthrough innovation with the latter’s world-class production capacity.

Companies

Astrid Mitchell

31 Oct. 2025

5 min read

Half Year Results Positive for Most Companies in the Industry

In so much as company results provide a bellwether for the state of the industry as a whole, our industry appears to be in good health judging by the half year results of some of the publicly-listed market leaders, which were – for the most part – gratifyingly positive.

Companies

Astrid Mitchell

1 Oct. 2025

3 min read

Losses Soar in Challenging Year for UK Mint

In her Chief Executive’s Report for 2024-25, the Royal Mint’s Anne Jessopp reported an after-tax loss of £36.3 million, compared with a loss of £4.3 million in 2023-24, on sales of £1.3 billion (2023- 24 – £1.4 billion). In something of an understatement, she noted it had been a challenging year and the result disappointing.

Companies