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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 - 26 May 2023

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 - 26 May 2023

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 - 25 May 2023

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 - 25 May 2023

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 - 25 May 2023

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 - 25 May 2023

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 - 25 May 2023

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 - 27 Apr 2023

40 Years in Central Banking Fostering Women’s Leadership

Just under a year ago, Concha Jiménez retired from the Banco de España after more than 40 years with the central bank. Concha spoke to Currency News™ about her career, key changes at the Bank, the challenges of being a woman in a traditionally male-dominated environment, and what she plans to do next.

Interviews - 27 Apr 2023

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 - 27 Apr 2023

The Paradox of Counterfeit Deterrence and Detection

When we look at a piece of art, what exactly are we seeing? This of course depends on who we are, expert or amateur; but it also depends on our mood, our state of mind, and how much time we have.

Counterfeiting - 27 Apr 2023

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 - 27 Apr 2023

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 - 27 Apr 2023

Koenig & Bauer Exceeds Forecast

Koenig & Bauer has reported that, based on its preliminary and as yet unaudited figures, group EBIT for 2022 has exceeded its own forecast, as well as market expectations. This was in spite of a challenging environment characterised by supply chain constraints and an associated increase in material and energy costs, and a loss in one of its main divisions – the Digital and Webfed segment.

Companies - 26 Apr 2023