Giesecke and Devrient (G+D) has invested in UK-based FNA (Financial Network Analytics), a deep technology firm specialising in advanced network analytics and simulations.

To ensure adequate supply of cash during the pandemic, the Bangko Sentral ng Pilipinas (BSP) outsourced 62.2% of banknotes from foreign printers in 2020, printing only 34.7% locally.

SPARK® has proved to be one of the most successful and widely used anti-counterfeiting features for banknotes since its launch in 2006.

The South African Reserve Bank (SARB) was founded 30 June 1921, shortly after the end of World War I. Its primary objective was to restore and maintain order in the issue and circulation of domestic currency and restore the gold standard to the pre-World War I rate of exchange.

The design of the next generation of US currency is underway, and the Bureau of Engraving and Printing (BEP) is now looking for new ways to integrate covert machine-readable features into future versions that could be used to detect and deter counterfeiting.

Spectra Systems Corporation launched its novel approach to cleaning soiled banknotes with the launch of its Aeris™ system in 2014 (See CN July 2014).

Michael Lambert has recently retired as Director of Banknotes for the Board of Governors of the Federal Reserve System, where he was in charge all aspects of the issuance of US currency.

Launched in 2020, CCL Secure’s new CINEMA™ security feature is gaining many admirers for its ability to combine 3D style depth with movement in a single feature, says the company.

The window in the polymer banknote is proven as a strong security feature. This article lays out why. Windows are a simple way to authenticate a banknote and come with a clear public education message.

The banknote paper manufacturer Portals has signed a licence agreement with the Banque de France (BdF) for its multi-layer banknote technology, EverFit®.

In the July edition of Cash & Payment News™ we report a mixed picture about the health of cash.

The Banco Central de Reserva del Perú has unveiled the designs of its new banknote series with modern designs, new motifs and leading-edge security features.

The proposed relocation of the Banque de France’s banknote printing plant has been put back to 2026.

The Mexican President has nominated his finance minister and economist Arturo Herrera Gutiérrez as the next Governor of the Bank of Mexico, to replace the incumbent, Alejandro Díaz de León, whose mandate is not being renewed.

It is a challenge to introduce minimum quality standards for banknote fitness. There are a number of good examples of how to manage machines that handle banknotes, whether in a cash centre or elsewhere, the European Central Bank being an example. But reaching those who handle and work with cash without the benefit of machines is more difficult.

Counterfeiting is a sensitive subject. Without counterfeiters most of us would not have a job, but central banks have a difficult line to walk. They need the public to check their banknotes, but equally they need the public to trust and have confidence in their currency.

I have had the dubious pleasure of having been part of G+D’s global Corona crisis team for the past 15 months, during which time I have had the chance to gain live insight into what has been happening with the more than 11,500 people at the more than 50 sites of our company group worldwide and at our customer sites in almost all countries on this planet during the crisis.

The Bundesbank reported in August 2020 a marked increase in counterfeits where no attempt had been made to mimic the security features. There is a high level of trust in the authenticity of euro banknotes.

The Central Bank of Honduras has announced that a new 200 lempira note will be issued in September. Notes of 1, 2, 5, 10, 20, 50, 100 and 500 lempiras currently circulate in Honduras. The last note to be introduced – the 500 – was in 1997.

Goznak has acquired Bank Innovation Systems (BIS), the Russian supplier of banknote inspection and processing equipment, in a deal signed at the start of June.