Latest News

Astrid Mitchell

23 Dec. 2024

4 min read

Kings, Dragons and Leopards All Feature in Asia’s Regional Banknote of the Year Awards

The Regional Banknote and ID Document of the Year Awards form part of the industry’s High Security Printing (HSP) Asia conference, the latest of which recently concluded in Bangkok, Thailand.

Banknotes

Astrid Mitchell

22 Dec. 2024

3 min read

De La Rue Reports Strong Order Book, Equity Sale Talks Underway

De La Rue has announced its half-year results for the six months ending September 2024. The company reported lower revenues but continued growth in its order book, and strategic development with the proposed sale of its Authentication business to Crane NXT.

Companies

Astrid Mitchell

21 Dec. 2024

3 min read

News in Brief

The Korea Minting, Security Printing & ID Card Operating Corporation (KOMSCO) held a ‘Currency By-Product Utilisation Seminar’ earlier this month to launch its new venture to reuse currency by-products slated for disposal – both end-of-life banknotes and waste from production. Around 500 tonnes are generated annually, of which 90% is incinerated.

News

Astrid Mitchell

27 Nov. 2024

4 min read

How the RCM Manages Canada’s Circulation Coins in Real-Time

Last month, the International Association of Currency Affairs held a webinar titled ‘Cash Visibility: How the Royal Canadian Mint Manages Canada’s Circulation Coins in Real-Time’, where the Mint detailed their strategies and systems for managing cash visibility for coin in Canada.

Coins

Astrid Mitchell

27 Nov. 2024

2 min read

IHMA Embraces New Security Features Ecosystem

The International Hologram Manufacturers Association (IHMA) has a new name – the International Optical Technologies Association (IOTA). The change is part of the industry body’s strategic plan to broaden its scope to better serve evolving markets and new technology frontiers, particularly in optical security.

Companies

Wolfgang Kneilmann

27 Nov. 2024

4 min read

How to Improve Cash Logistics Efficiency

A functioning cash supply is a stabilising factor in our society, both in normal times and especially in times of crisis. At the same time, the demands for a robust and efficient cash circulation system are increasing.

Cash Handling

Astrid Mitchell

27 Nov. 2024

10 min read

Denmark’s Currency Evolution: Balancing Innovation with Protection in the Modern Era

In a comprehensive modernisation of its currency system, Denmark is undertaking an ambitious series of changes that reflect its unique position as both a digital payment pioneer and a steadfast protector of cash rights.

Interviews

Kerre Corbin

27 Nov. 2024

2 min read

Counterfeit Corner

Most central banks will classify their counterfeit banknotes to determine the types of threats presented by the counterfeiters. This may be as simple as identifying the printing processes on the counterfeit as digital or traditional. Or it could be an in-depth analysis of the individual characteristics of the printed image along with the security feature simulations.

Counterfeiting

Astrid Mitchell

27 Nov. 2024

2 min read

Tenders, Contracts and MOUs

The Reserve Bank of India (RBI) has extended the deadline for responses to its Expression of Interest (EOI) for services related to the modernisation of India’s currency management infrastructure 4 December 2024.

Companies

Astrid Mitchell

27 Nov. 2024

2 min read

New Technology for CBPM’s Plate Making

Many countries and regions are strengthening regulations to control environmental pollutants, chromium being a case in point as its emissions significantly impact the environment and human health. As a result, numerous countries have implemented strict standards and control measures to reduce chromium pollution.

Technology

Astrid Mitchell

27 Nov. 2024

5 min read

Central Banks and Cash Round-Up

In this periodic series of articles covering cash information in central bank annual reports, this month we take a look Down Under, with a review of the reports from Australia and New Zealand.

Central Banks

Astrid Mitchell

27 Nov. 2024

5 min read

News in Brief

Continuing on its acquisition trail to penetrate the brand protection market, Crane NXT has now bought the smart packaging assets of TruTag Technologies, which will be incorporated into its OpSec business.

News

Astrid Mitchell

27 Nov. 2024

2 min read

Note and Coin News

The Bermuda Monetary Authority (BMA) is introducing new polymer $2 and $5 banknotes on the theme of ‘Same Look, Smarter Design’.

Banknotes Coins

Astrid Mitchell

27 Nov. 2024

2 min read

Production Up at SPMCIL

Security Printing & Minting Corporation of India Ltd recently released its 2023/24 Annual Report, registering a rise in production, but a small drop to Rs 47.14 billion (US$555 million). Costs were up 7.7% to Rs 36.95 billion.

Companies

Astrid Mitchell

27 Nov. 2024

2 min read

Chameleon Shows His True Colours

As described in last month’s issue of Currency News™, at the recent Global Currency Forum (GCF) in Oman, industry players showcased house notes with new security features on themes ranging from butterflies, meadows and the ocean to Venus. To that can be added chameleons.

Banknotes

Astrid Mitchell

27 Nov. 2024

2 min read

‘Helsinki Calling’: RDM to Produce Finnish Coins

The Royal Dutch Mint (RDM) has signed a multi-year agreement with Finland’s Ministry of Finance for the production, marketing and distribution of circulation and commemorative euro coins. The announcement follows the Mint of Finland’s announcement last month that it would cease operations in 2025, following the completion of its existing commitments to customers and suppliers – which it expects to fulfil early next year.

Coins

Aftab Baloch

27 Nov. 2024

3 min read

New Banknotes: A Game Changer for Pakistan’s Economy?

The introduction of a new series of banknotes in Pakistan next year, enhanced with advanced security features and modern designs, has the potential to play a transformative role in the country’s economic landscape.

Banknotes

Astrid Mitchell

27 Nov. 2024

2 min read

New Work Sheds Light on German Influences on Finland’s Banknote History

Banknote expert and author Antti Heinonen has written a new book on the history of Finnish money, focusing on international and particularly German influences in the early development of Finnish means of payment.

Banknotes

Astrid Mitchell

27 Nov. 2024

6 min read

The Coin Conference – Optimism in the Face of Dislocation

The Coin Conference 2024 – which focuses on the future of circulating coinage and its challenges – took place in 28-30 October in Lisbon, Portugal. Organised by the publishers of Currency News™, the conference hosted more than 200 delegates, from 102 organisations across 42 countries, with 40% from central banks, monetary authorities and treasury departments.

Events

Astrid Mitchell

27 Nov. 2024

2 min read

Change of Ownership at Currency Research

In a management earnout of up to 100%, Currency Research’s CEO and President Jens Seidl and Vice President Shaun Ferrari will become majority shareholders of the company. The founder, and current sole shareholder, Richard Haycock will sell all his shares and resign from the Chairman position, effective 1 January 2025.

Companies