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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 - 22 Dec 2023

New Security Image Register Launched

The Hologram Image Register, established by the International Hologram Manufacturers Association (IHMA) to help safeguard hologram copyright and underpin the use of holograms in secure documents and products, has been extended to include all optically variable (or active) features, and relaunched as the Security Image Register.

Technology - 22 Dec 2023

Four Years On, HSP Returns to Asia

All of the key themes facing the banknote industry were covered at the High Security Printing Asia conference in Colombo, Sri Lanka, held at the beginning of December.

Technology - 22 Dec 2023

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 - 22 Dec 2023

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 - 01 Dec 2023

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 - 01 Dec 2023

Digital Intelligence in Banknote Printing

In this issue, we describe the industry’s newest banknote production facility – IMBISA in Spain. Another example of a new printworks that has also built innovation in from the start is Guangzhou Banknote Printing Co Ltd (GBPC), the seventh and newest of China Banknote Printing and Minting’s banknote factories.

Companies - 01 Dec 2023

The Best in CashTech 2023

The 2023 CashTech Innovation Awards, arranged by the thinktank CashEssentials and sponsored by Sesami, were presented at the Future of Cash conference, which took place 6-8 November in Istanbul.

Events - 01 Dec 2023

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 - 01 Dec 2023

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 - 01 Dec 2023

News in Brief

The State Bank of Pakistan (SBP) is seeking to standardise the parameters used by banknote sorting machines to ensure uniform fitness standards across the different models and makes of equipment being used.

News - 01 Dec 2023

Nigeria Bins Demonetisation

The Central Bank of Nigeria (CBN) has confirmed that it will allow old banknotes that were due to be phased out in December to remain legal tender indefinitely, following a ruling by the country’s Supreme Court.

Banknotes - 01 Dec 2023

Cash Crash in Australia?

As Currency News™ went to press, news came out that the cash management firms Armaguard, with a 90% share of the market, is seeking a cash injection to ensure it can operate its banknote distribution services profitably, just five months after it merged with rival Prosegur to create a near-monopoly that was supposed to do just that (see CN June 2023).

Companies - 01 Dec 2023

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 - 01 Dec 2023

META Materials Plans Focus on Security

META Materials Inc, a developer of high performance functional materials and nanocomposites which acquired security feature specialist Nanotech Security Corp in 2021, has announced details of a restucturing plan that will see it focus on core business lines that are either generating revenues, or expected to do so in the near future.

Companies - 01 Dec 2023