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CashEssentials: Honing the Debate on the Future of Money

Compared with the resources of the cashless lobby in advocating for a digital payments future, those of the lobby supporting cash are miniscule. That isn’t to say that there aren’t organisations supporting the case for cash, but their activities are largely centered around specific regions or sectors.

Interviews - 02 Aug 2022

The Counterfeiter Classification

In our February feature on counterfeiting, Duncan Reid covered adversarial analysis. In this article he reviews the classification of counterfeiters, illustrated by case studies at each level.

Counterfeiting - 02 Aug 2022

Two New Apps for Banknote Authentication

In May, we covered Koenig & Bauer Banknote Solutions’ two offerings for app-based banknote authentication and education. This month it is the turn of two more – from De Nederlandsche Bank and Orell Füssli Security Printing.

Banknotes - 30 Jun 2022

ICCOS Asia is Back

The Asia Cash Cycle Seminar returns to its live and in person format, after a three-year hiatus, taking place 5-7 September in Manila, 10 years after it was last held in the Philippines.

Events - 30 Jun 2022

Counterfeiting in Australia

Counterfeiting of Australian banknotes is approaching its lowest level in a decade. The Reserve Bank of Australia (RBA) has carried out an analysis of the factors playing a role in this decline and quantified their effects. The report – Recent Trends in Counterfeiting – has been published in its June Bulletin.

Counterfeiting - 30 Jun 2022

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 - 30 Jun 2022

White Nights for HSP EMEA

High Security Printing™ EMEA took place 13-15 June in Tallinn, Estonia’s capital on the Baltic Sea. Famed for its ‘white nights’ in mid-summer, when the sun hardly sets, Tallinn is the country’s cultural hub.

Events - 30 Jun 2022

A Global Update on Cash Demand in Turbulent Times: Part I

Currency News™ has published annual updates on the banknote developments at the global level since September 2017. The hope that this year’s update would illustrate some kind of return to a new normal in cash demand has proved to be unrealistic.

Studies, Reports - 30 Jun 2022

Pinball Wizard

Whilst Crane Currency is, or rather was, first and foremost a paper maker, it is also the developer of the micro-optics feature MOTION® and its derivatives for threads and, more recently, for surface-applied stripes.

Banknotes - 30 Jun 2022

War, Energy Crisis, Inflation, Recession, COVID on the Rise – Markets, Unsurprisingly, Tumble

In the December edition of Industry Watch, the focus was on the implications of a new infectious COVID variant, Omicron. In the March edition, the focus switched to the war in Ukraine and the sanctions imposed on Russia and the implications, if the war continued, of a global fuel, food, fertilizer and aluminium crisis. This on top of the shortages of many goods used in manufacturing – a legacy of COVID.

Companies - 30 Jun 2022

CMA Picks ONE 2.1

Casa de Moneda Argentina (CMA) is in the midst of a technology transformation programme involving the recruitment and training of new staff, modernisation of both its production facilities and the acquisition of new equipment, among them the latest SPARK Flow® module for the NotaScreen. It has also invested in an upgrade of Koenig & Bauer Banknote Solutions’ ONE design software to the latest 2.1 version.

News - 30 Jun 2022

The Cash Paradox? Is It All About to Change?

Both before, during and since the two years of COVID, the industry has become very aware of what has become known as the cash paradox, identified as the continued growth of cash in circulation compared with a country’s GDP, despite its declining use for payments.

Cash Handling - 30 Jun 2022

BSP Moves Forward with New Production Facility

The Bangko Sentral ng Pilipinas (BSP) has received approval for a budget of at least P25 billion ($450 million) for the construction of its new Currency Production Facility (CPF) in a 31.2 hectare complex in New Clark City in Capas, Tarlac.

Central Banks - 30 Jun 2022

People in the News

The Governor of the Sveriges Riskbank, Stefan Ingves, will step down at the end of this year, to be replaced by the country’s chief financial regulator, Erik Thedéen.

News - 30 Jun 2022

A Vision of a Circular Economy for Banknote Waste

Not many people know that Royal Dutch Kusters Engineering (Kusters) used to make fluorescent lamp recycling equipment for the electronics giant Philips, glass recycling for the brewer Heineken and coffee pod recycling for Sara Lee.

Sustainability - 30 Jun 2022

CCL Secure Reduces CO2 Emissions by 26% in UK

CCL Secure has achieved a 26% reduction in carbon emissions per tonne of product at its Wigton site in England since 2018. With the support of sustainability consultants Verco, CCL Secure has reduced manufacturing emissions across all three scopes of greenhouse gases, without the inclusion of carbon offsets and market based instruments.

Sustainability - 30 Jun 2022