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2022: Royal Canadian Mint Meets Expectations

The Royal Canadian Mint has published its results for 2022, stating that, whilst its financial performance was below 2021 levels, this was expected given the exceptional performance seen in 2021, and planned operational maintenance in 2022. The Mint still exceeded its financial goals for 2022, as set out in the Corporate Plan.

Companies - May 30, 2023 midnight

A New Dimension in Ink Security from Gleitsmann

Gleitsmann Security Inks (GIS) used the Currency Conference to launch glairINK , a new suite of infrared (IR) inks for intaglio and offset printing that, the company says, sets a new standard in future machine-readable security features for banknotes.

Substrates, Features - May 30, 2023 midnight

People in the News

Federal Reserve Financial Services and the Federal Reserve Bank of San Francisco have appointed Steve Son as Senior Vice President and Head of FedCash Services Business Solutions and Support, a position previously held by Kathleen Young before she was promoted to Chief of FedCash Services.

Companies - May 26, 2023 midnight

Note and Coin News

The Central Bank of Solomon Islands has announced plans to issue a new commemorative $10 banknote printed on SAFEGUARD® polymer by De La Rue. The new $10 note has been produced to commemorate the XVII Pacific Games 2023, which will be held for the first time Solomon Islands in November 2023.

Banknotes - May 26, 2023 midnight

Has the Penny Finally Dropped?

We are used to a steady stream of headlines about cashless payments. But here are a handful of headlines in English speaking publications from the last few months:

Free - May 25, 2023 midnight

Banking on World Heritage

Banking on World Heritage is a new exhibition that will take place in New Delhi this summer to coincide with the year in which India will be hosting the G20 summit and also to mark the golden anniversary of the UNESCO World Heritage Convention, the international treaty to conserve nature and preserve cultural properties.

Events - May 25, 2023 midnight

Koenig & Bauer Invests in the Green Future of Currency

As noted in the April issue of Currency News™, in which we covered Koenig & Bauer’s annual results for 2022, Koenig & Bauer Banknote Solutions (KBBNS) is demonstrating its commitment to the future of currency through a range of new investments in processes, technologies and services.

Companies - May 25, 2023 midnight

Designing the Cash Cycle of the Future

The 2023 Future of Cash Conference takes place 6-8 November in Istanbul, and will bring together all stakeholders of the cash community – central banks, financial institutions, retailers, cash management companies, technology providers and suppliers - to discuss new strategies to design the cash cycle of the future.

Events - May 25, 2023 midnight

Unfit Banknotes Transformed in Brazil

In 2020 Fedrigoni sold its Brazilian paper mill and Blendpaper / BP Security were created. The mill was originally founded in 1889 as Papel de Salto but was taken over by ArjoMari/Papel Simão in 1976, by Arjowiggins in 1997, and finally by Fedrigoni in 2015.

Companies - May 25, 2023 midnight

Designing the Cash Cycle of the Future

The 2023 Future of Cash Conference takes place 6-8 November in Istanbul, and will bring together all stakeholders of the cash community – central banks, financial institutions, retailers, cash management companies, technology providers and supplier - to discuss new strategies to design the cash cycle of the future.

Events - April 27, 2023 midnight

US Coin Production Returns to More Normal Levels. Solution to Penny Remains Elusive

The United States Mint continued to manufacture circulating coins at high levels in 2022, albeit fewer than in the two previous years, which had been characterised by coins not circulating through the economy as rapidly as before the pandemic. The drop in volumes produced and revenues for the year marked a return to a more normal pattern of demand.

Coins - April 27, 2023 midnight

BEP Ramps up for New Catalyst Series

The Bureau of Engraving and Printing’s outgoing Director, Len Olijar called 2022 an exciting year on many fronts in his introduction to the agency’s Annual Report, citing progress in a number of areas, including the goal of upgrading its facilities.

Companies - April 27, 2023 midnight

News in Brief

Royal United Mint, the parent company of the Royal Dutch Mint and the Belgian Mauquoy Token Company, has acquired Osborne Coinage Co, based in Cincinnati, Ohio and the oldest private mint in the US.

News - April 27, 2023 midnight