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In Other News…

The Bank of Japan and the Finance Ministry have announced that the redesigned 10,000, 5,000 and 1,000 yen banknotes will enter circulation on 3 July 2024, which marks the first update of the notes in around two decades.

News - December 22, 2023 midnight

Denmark to Change its Banknotes

Danmarks Nationalbank has carried out an analysis of the role of cash in a low cash usage society. 10% of payments are still made in cash and there are groups in society for whom cash is important whether out of necessity or choice. The result is that changes will be made to the currency.

Banknotes - December 22, 2023 midnight

Counterfeit Corner

Many people fall victim to the ‘Black Money’ scam, which is basically a get rich quick scheme. Usually there are no counterfeit banknotes involved, but I thought this would be an interesting topic to discuss.

Counterfeiting - December 22, 2023 midnight

Misinformation and Money: Debunking Myths in the Currency World

The growth of the internet and social media has been accompanied by a growth in fake news and a fall in traditional, fact-checked journalism. Articles and claims can be circulated freely without appropriate governance. Fake news on a range of issues has incited violence and hate while changing behaviours and influencing politics. It can also damage reputations and lead to unfair advantages.

Free - December 22, 2023 midnight

ECB Identifies Banknote Environmental Impact

The European Central Bank (ECB) has issued the findings of its Product Environment Footprint (PEF) study, which focuses on the creation and life cycle of banknotes through to their disposal when they become unfit to circulate.

Sustainability - December 22, 2023 midnight

News in Brief

Cash technology solutions specialist Glory has announced the acquisition of additional shares in the fintech OneBanx, the fully managed shared banking solutions provider.

News - December 22, 2023 midnight

Recognising Excellence in Banknotes from Asia

This year’s prestigious Regional Banknote of the Year Awards for Asia were presented at a special ceremony during the High Security Printing™ (HSP) Asia conference earlier this month.

Banknotes - December 22, 2023 midnight

CCL Secure: A Year of Innovation and Collaboration

Polymer appears to be something of a ‘thing’ in this issue. So, having heard from one established and one emerging polymer substrate manufacturer – De La Rue and Spectra Systems respectively – it seems only fair to hear from the second established manufacturer, CCL Secure, who has provided an end of year summary for GUARDIAN™.

Companies - December 22, 2023 midnight

National Day of Currency in Kazakhstan

In November 1993, the first President of Kazakhstan, Nursultan Nazarbayev, signed a decree ‘On the introduction of the national currency of the Republic of Kazakhstan’. Following this, the tenge became the official currency of the country.

Banknotes - December 1, 2023 12:01 a.m.

In Other News…

The Central Bank of the UAE has issued a new 500 dirham banknote – the fifth in its new all-polymer series, which has been progressively rolled out since 2022.

News - December 1, 2023 12:01 a.m.

Holograms Head Up Security Awards

Banknote security features won two out of the five categories in the 2023 Excellence in Holography Awards, presented by the International Hologram Manufacturers Association (IHMA) at the recent annual online Holography Conference.

Events - December 1, 2023 midnight

Central Banks and Cash Round-Up

The focus of this month’s coverage of cash information in central bank annual reports is Asia, looking specifically at Kazakhstan, Kyrgyzstan, Japan and New Zealand.

News - December 1, 2023 midnight

Banknote Fibre Extraction – Repurposing Goes Greener

Earlier this year Giesecke+Devrient outlined a solution for banknote waste which is ‘straightforward, flexible and scalable’ (see CN July 2023). After having introduced the concept of Banknote Fibre Extraction (BFE) at the CT Symposium, the next development phase has taken place.

Sustainability - December 1, 2023 midnight

Innovation and Exploration Take Centre Stage in Bilbao

The Intergraf Currency + Identity Conference and Exhibition took place from 18-20 October in Bilbao, Spain. The Bilbao Exhibition Centre hosted this year’s 940-plus participants from the two branches of the industry, of which more than 170 were from central banks, government and law enforcement, along with 107 exhibitors.

Events - December 1, 2023 midnight

Counterfeit Corner

Established in 2020 to support national law enforcement authorities in their efforts to fight financial and economic crimes and aid international cooperation, Europol’s European Financial and Economic Crime Centre (EFECC) has recently released its first threat assessment on the matter.

Counterfeiting - December 1, 2023 midnight

MDC Awards Create a Buzz

At the awards ceremony held during the gala dinner at the Mint Directors Conference in Ottawa last month, the winner of the Best Circulating Coin category was the Royal Australian Mint (RAM) for the $2 Honey Bee coin, issued in 2022 as a joint collaboration with the Honey Bee Industry Council to mark the bicentennial of the establishment of the bee industry in Australia.

Events - December 1, 2023 midnight

Using Buying Power to Reduce Environmental Impacts

The International Association of Currency Affairs (IACA) held a webinar recently to discuss how sustainability is, and can be, incorporated into tenders by central banks. Purchasing power is, of course, a powerful lever for achieving policy goals.

Sustainability - December 1, 2023 midnight