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Steady Progress by the Bank of England

The Bank of England has issued its Annual Report for 2022. The key themes relating to banknote issuance and management were the completion of the polymer series of banknotes with the issuance of the £50 banknote, actions to safeguard access to cash and deposit services and the environmental impact of banknote operations.

Central Banks - June 30, 2022 midnight

Unique 3D RELIEF Effects for Premium New Thread

Oberthur Fiduciaire has launched a technology for threads in the form of RELIEF™ – which offers striking bas-relief 3D effects in what the company terms a major advance in security features for threads and unlike anything else on the market.

Substrates, Features - June 2, 2022 midnight

Move and Approve with Motus

A new security thread featuring micro-optics was launched at the Global Currency Forum by Portals. Called Motus, the thread is the first security product to be launched by Portals following its acquisition last year of the security features and thread business Fabriano from Fedrigoni.

Substrates, Features - June 2, 2022 midnight

Year of Pivot Pays Off for Royal Canadian Mint

2021 was a great year for the Royal Canadian Mint (RCM), despite the ongoing effects of the pandemic, with record sales, profits, and a healthy $78.9 returned to the Canadian government, compared with $20 million the previous year.

Coins - June 2, 2022 midnight

Profits Up for De La Rue, Despite Headwinds

De La Rue’s sales fell marginally in 2021/22 – revenue (non IFRS) of £375 million and operating profit of £36.4 million were down 3.3% and 4.5% respectively on the previous year.

Companies - June 2, 2022 midnight

Cash and Payments: The Sustainability Forum

The inaugural Cash & Payments Sustainability Forum, which will take place 15-16 November in Scotland’s capital city, Edinburgh, will share best practice, promote cooperation and address specific environmental challenges and solutions in the cash and payments arena.

Events - June 2, 2022 midnight

Spain’s New Printworks Complete – Machinery Moves In

The construction of the Banco de España’s new printworks for IMBISA just outside Madrid – the first new state-owned printing plant in the EU in over 50 years – has now been completed, and work has started on moving in the new equipment.

Central Banks - June 2, 2022 midnight

K&B BNS Open House Demonstrates a Clear Strategy

Koenig and Bauer Banknote Solutions has just completed a series of showcase events for customers called ‘Open House’. Structured as a morning of presentations followed by equipment demonstrations, the day was focused on the practical, the tangible and improving those elements of business that are within the control of K&B BNS.

Events - June 2, 2022 midnight

The Cash Industry’s Concerns – Then and Now

In his review of the Global Currency Forum, Wolfram Seidemann, Chairman of the ICA, compared the priorities of the cash industry in the past with today. Then, he said, the key priorities were security, efficiency and quality of notes is circulation. Fast forward several years, and the priorities look very different now.

Free - June 2, 2022 midnight

News in Brief

The official launch ceremony for a new security document printing facility has taken place in Entebbe in Uganda. It will be owned and operated by the Uganda Security Printing Company, which was set up in 2018 as a joint venture between the state-owned Uganda Printing and Publishing Corporation and Veridos, the German provider of integrated identity solutions.

News - June 2, 2022 midnight

Currency and the Metaverse

Among the customary technical presentations and product launches at conferences, the one given by Komori at the recent Global Currency Forum on the topic of the metaverse was very much ‘out of the box’. Here Steve Craig of Komori explains what the metaverse is, and how Komori is looking at harnessing it for banknote production.

Technology - June 2, 2022 midnight

6th Coin Conference Goes to Amsterdam

After a three year gap, the Coin Conference returns this October to Amsterdam, in what will be the sixth edition of the event, and the only one of its kind to focus on coins as part of cash strategies in circulation from the perspective of currency issuers.

Events - June 2, 2022 midnight

The Green Banknote – Sustainability at Every Level

Giesecke+ Devrient launched its Green Banknote Initiative earlier this year. At the Global Currency Forum, it followed this up with the presentation of the Green Banknote - a physical token of this initiative printed on Hybrid ADDvance®.

Sustainability - June 2, 2022 midnight

In Other News…

The Central Bank of the Republic of Argentina Argentina has showcased the designs of its new series of banknotes, in which the images of indigenous fauna and their habitats that feature on the current series will be replaced by famous Argentineans.

News - June 2, 2022 midnight

Standing Secure with New Barbados Series

The Central Bank of Barbados has unveiled the designs of its new polymer banknote series, which will be introduced on 5 December, two days after it celebrates its 50th anniversary.

Banknotes - June 2, 2022 midnight