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Technology

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 - 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

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 - 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

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

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

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

People in the News

Ibrahim Stevens has become Governor of the Bank of Sierra Leone. He has been First Deputy Governor since July 2014, and succeeds Kelfala Kallon.

News - 01 Dec 2023

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 - 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

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

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 - 01 Dec 2023