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New Business Segment for Goznak as it Enters Banknote Processing Market

Russian state printer and mint Goznak has launched its own banknote counting and sorting machine – the BARS-S5. This follows the acquisition last year of BIS (which stands for Bank Innovation Systems), with whom the new machine was co-developed. The first order has already been received from the Central Bank of Russia.

Companies - February 1, 2022 midnight

The Green Banknote Initiative

Giesecke+Devrient (G+D) and Papierfabrik Louisenthal have been working on reducing the environmental impact of their banknote production and cash cycle related activities for many years.

Sustainability - February 1, 2022 midnight

More Dialogue and Interaction for Designers

The International Banknote Designers Association (IBDA) has finalised the agenda for the 6th International Banknote Designers Conference that will take place in Dubrovnik, Croatia from 24-27 October 2022.

Events - February 1, 2022 midnight

Thailand Adopts Polymer for Highest Use Note

The Bank of Thailand will launch a new 20 baht note on 24 March, marking the transition to polymer of the country’s most widely used denomination, which accounts for 30% of all Thai banknotes in circulation.

Banknotes - February 1, 2022 midnight

News in Brief

Banknote authentication and security software provider Spectra Systems Corporation has announced three new contract awards, generating $700,000 of additional unforecasted revenue for the 2022 calendar year.

News - February 1, 2022 midnight

Upgrade for DLR Analytics™

The team behind the multi-award winning cash cycle analytics platform DLR Analytics™ have announced a major upgrade to the existing software.

Technology - February 1, 2022 midnight

Albania Completes Modern New Series

The Bank of Albania has put into circulation new versions of the 500 lekë and 2,000 lekë, thereby completing its new series which also includes 200, 1,000, 5,000 and 10,000 lekë.

Banknotes - February 1, 2022 midnight

Cash Trends and The Future of Cash in the Eurozone

At the European Cash Cycle last autumn, the presentation by Josef Vrana, Senior Banknote Issuance Expert, Directorate Banknotes for the European Central Bank (ECB), covered euro cash trends and the effect of COVID-19 to date.

Central Banks - February 1, 2022 midnight

COVID 19 Impacts De La Rue Turnaround Plan

De La Rue has announced a trading update on the financial year ending March 2022, as well as an update of progress on its Turnaround Plan, which unsurprisingly has been impacted by the pandemic.

Companies - February 1, 2022 midnight

In Other News…

The Bank of Guyana has announced that it will shortly be issuing a new $2,000 banknote on polymer to commemorate the 55th Anniversary of Independence.

News - February 1, 2022 midnight

HUMANIA: One Note, One Jab

Work has now started on the first in the HUMANIA series of banknotes, which are being produced to raise money to support people who have been most affected by the COVID-19 pandemic.

COVID-19 - February 1, 2022 midnight

Full Steam Ahead for Banknote & Currency Conference in February

Flights have been booked, hotel reservations have been made and final preparations are being made so that, after two years apart, Currency Research can bring the majority of the industry back together for some long-overdue discussions, professional networking, and a lively exchange of information and views.

Events - February 1, 2022 midnight

Sustainability Starts with Central Banks

We have covered a number of initiatives by central banks and suppliers (individually or collectively through their associations) to reduce the environmental impact of cash, and will continue to do so.

Free - January 31, 2022 midnight

Israel: Cash – The Point of No Return

Amir Safranovich, Head of Cash Management in the Currency Department at the Bank of Israel (BOI) introduced his presentation at the European Cash Cycle Seminar with the title ‘Cash: The Point of No Return’.

Studies, Reports - December 30, 2021 midnight

HSP Awards Celebrate Best in Class of 2021

In the absence in 2021 of the HSP Awards, which are normally held three times a year to coincide with the three regional conferences, HSP organiser Reconnaissance International held a series of virtual awards instead.

Events - December 30, 2021 midnight