The intensive focus on sustainability and greener solutions has been developing rapidly in the banknote industry. In the July 2023 edition of Currency News™, G+D described its rationale for sustainable products, and highlighted, firstly, the introduction of the Green Banknote initiative in 2022 and, subsequently, the introduction of Green Longlife™ in 2023.

All arrangements are now in place for this year’s High Security Printing (HSP) Latin America, which returns to Santiago, Chile – taking place from 3-5 June. The last time the event was held in Santiago was 2014.

Spectra Systems has developed its own print-ready machine- readable banknote polymer substrate, FUSION™, working exclusively with Toray Plastics America.

Highlights of the second Cash Sustainability Forum (CSF), which takes place 24-26 June in Frankfurt, are now available.

As an anti-forgery expert with the Egyptian Ministry of Justice, I have spent decades investigating the strength and security of various banknote substrates. My work has involved analysis of the technical specifications of banknotes, through extensive mechanical and chemical testing, as well as an assessment of data published by central banks. I’d like to share my findings here.

This year the International Association of Currency Affairs (IACA) celebrates its 20th anniversary. It was the first industry-wide association and remains the only one that encompasses all stakeholders in the cash cycle on a global basis.

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

The Royal Mint (TRM), the UK’s oldest company, has announced that it is to pull out of the market for producing foreign circulating coins and blanks, bringing to an end a 700-year old business in producing coins for overseas countries.

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.

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.

Industry custom and practice dictates that a new series of banknotes should be issued every 7-10 years. We don’t know who established that nor how was it determined. As we couldn’t answer these questions, we set out to see whether this convention was being followed by the industry. And to determine if it is still appropriate.

In recent years Vietnam has been a go-to country for many of the world players in the technology, automotive, and fashion industries. It is now stepping into a new field – polymer banknote substrates and security features.

Central Banking Publications runs an award scheme each year, with 18 different categories, two of which relate specifically to currency.

The National Bank of Poland (NBP) will issue a commemorative 20 zloty banknote in July to mark the 80th anniversary of the Warsaw uprising, a major World War II operation by the Polish underground resistance to liberate the city from German occupation.

The European Central Bank (ECB) has been working to reduce the environmental impact of euro banknotes and the Eurosystem cash cycle since the introduction of the euro in 2002. Although it has made progress, it has further goals to reduce the environmental footprint of current and future euro banknotes.

The latest edition of The Directory of Currency & Technology Suppliers will be launched at the Banknote Conference this May.

The Central Bank of Suriname has introduced two new high denomination banknotes; the 200 and 500 Suriname dollars, showcasing advanced security and sustainable substrates.

The International Association of Currency Affairs (IACA) has announced the finalists of the 2024 Excellence in Currency Technical Awards. The winners for all four categories will be announced at the Banknote Conference Awards Dinner on the evening of 15 May.

Crane NXT, whose subsidiaries include Crane Currency, Crane Authentication and Crane Payment Innovations, has announced it has signed a definitive agreement with Investcorp Technology Partners to acquire the optical technologies and brand protection specialist OpSec Security for $270 million in cash, subject to customary adjustments.

Many counterfeiters use a common method of counterfeiting called ‘bleaching’ to create their fakes. This technique is frequently observed in countries that have the same size banknotes across all denominations, such as the US dollar.