Counting On Currency’s Cash Per Diem – August 2014 Links 29 August, 2014 By: Dan Littman category: Cash Per Diem, IACA Cash Per Diem 12835 0 Counting On Currency’s Cash Per Diem – August 2014 Links August 24 – 31 2014 Applied DNA Sciences & the Department of Defense ATM skimming developments – a razor-thin ATM skimmer Australia – ATM trends Australia – counterfeit A$50 & A$100 notes Australia – RBA – on competition in the retail payments market Authentication science – butterfly wings & banknote design Authentication science – swiss cheese & DNA fingerprinting Brinks blog – on the future of the ATM Creditcards.com survey – cash dominates small value payments DeLaRue – new CEO Fortress Optical Features & Nanotech Security Corp India – ATM-style machine allows women to report abuse in privacy Moldova – breakaway territory announces it is introducing plastic coinage Nigeria – CBN & the reintroduction of ATM-cash fees Patent – Bank of America – process & data integration of additional funds into a cash handling device Patent – Bundesdruckerei – document with integrated display & electronic circuit Patent – G&D – banknote processing apparatus including debanding station Patent – Glory – banknote handling apparatus Patent – GRGBanking – banknote processing system & method Patent – GRGBanking – paper-type detection device & method Patent – Sicpa – vanadium drier intaglio ink Patent – Toshiba – magnetoresistive detection system for banknotes Pymnts.com – what most ATM cash models miss Spain – contactless ATMs Thailand – Swedish & Philippines nationals arrested in ATM card fraud UK – banknotes getting defaced with a “free Palestine” political message US – increased vigilance needed to fight counterfeiting US – the rise & fall of one of the US’ greatest counterfeiters US/Rhode Island – black money scheme nets $100k Zambia – toward cashless August 17 – 23 2014 ATM Marketplace – Fed study suggest that ATM/debit cards may be safer than credit cards ATMs – where are all of the ATMs around the world, an interactive map Azerbaijan – high value banknotes Benjamin Franklin never said a penny saved is a penny earned China & Kenya are winning the mobile money wars Cryptocurrency – Bitcoin does not facilitate crime Cuba – banknotes with new security measures Cummins Allison – coin counters & customer experience Diebold ActivEdge card reader defends against card skimming Diebold & the branch of the future Directory of circulating coins Dominican Republic – counterfeit coins FRB Boston – on mobile payments FRB NY blog – clams as currency in colonial America Ghana – mobile money Ghana – cash-lite policy India – ATMs & postal savings accounts India – national ID card as a payment platform Indonesia – currency redenomination, dropping zeros Kenya – Safaricom lowers fees for low-value transactions KrebsonSecurity blog – it seems to be possible to buy counterfeit US notes, for commerce, on the internet KWJ Engineering – a nondestructive bulk currency detection system for screening smuggled currency Israel – RISCO technology protecting Chinese ATM fleet Lithuania – Bundesbank will supply euro banknotes Mercator – making ATMs the hub of self-service Mobile money & financial inclusion NCR & GECU NCR in Germany Nigeria – ATM placements, ATM transaction trends Nigeria – ATMs, withdrawal fees & the cashless policy Nigeria – bank charges & the cashless policy Nigeria – nationwide ATM activation scheme Patent – Elias – virtual integrated ATM on electronic terminal device Patent – GRGBanking – gate mechanism Patent – Hitachi Omron – paper sheet processing device Patent – MEAS Deutschland – apparatus for measuring magnetic properties Patent – NCR – stain detection Patent – Oki Electric – banknote processing device Patent – Talaris – system for validating a controller for an ABM using a displayed indicia Patent – Wincor Nixdorf – automatic cash register system with variable fixing of accepted denominations Patent – Wincor Nixdorf – method & apparatus for OCR detection of valuable documents Russia – bungling ATM robbers Russia – central bank will not withdraw allegedly pornographic banknote Sandia – lessons from perfect heists for national security Sandia – robbery study pdf Tanzania – using mobile money to buy water & solar power UK – donkey goes cashless UK – problems with new 10p coins in vending UK – Romanians jailed for ATM skimming US – 1949 Cadillac covered with 38,000 pennies US – 65 years of female US Treasurers US – BEP & currency readers for the blind US – BEP prints 535 million banknotes in July 2014 US – cost of the penny US – the first US Mint US – Mint produces record 42m coins in a single day US/Pennsylvania – former superintendent of US Mint dies at age 88 Zimbabwe – towards cashless August 11 – 16 2014 ATM & mobile innovation summit, Washington DC, September 2014 ATMIA recommendations on ATM accessibility BrinksÂ blog – deposit processing made simple Bulgaria – seizure of massive counterfeit stock CNET visits BEP’s Ft Worth currency production facility, numerous pictures Currency science – the smell of dollars could catch smugglers Cybersecurity & ATMs Finland – central bank exhibit on the history of money & banking Germany – 2014 counterfeit stats Huffington Post – on cardless ATMs India – ATM fee regime India – counterfeits India – new 1000 rupee note India – RBI recruiting for banknote printing facility JDS Uniphase – FY2014 IVQ financial & business results MIT Technology Review – the man who really made Bitcoin NCR in South Africa Nigeria – cashless policy & fees on ATM withdrawals Nigeria – on the adoption of electronic & mobile banking Nigeria – on the cashless policy, video NPR Planet Money – podcast – where are all the missing US$100s Patent – 3M – color shifting multilayer polymer fibres Patent – Bank of America – self service device using hardware database Patent – Beb Industrie-Elektronik – separating worn banknotes in a banknote processing machine Patent – G&D – method for processing banknotes Patent – GRGBanking – self service transaction & automatic emergency hedge system Patent – GRGBanking – valuable file identification device Philippines – ATM skimming Romania – man with a metal detector finds the oldest counterfeit coins in the world Romania – m-pesa & mobile payments Scotland – crude counterfeits Secure Currency Transport Conference, Chicago, September 2014 South Africa – counterfeiting in Capetown South Korea – Mint develops IT consultancy business Thailand – ATM skimming Thailand – on the cost of coin production UK – ATM attacker identified via Facebook US – new member of the Citizens Coinage Advisory Committee, CCAC, interviewed US/Illinois – ATM technician in disguise captured by FBI US/New Jersey – Florida man in massive card fraud case US/New York – a 12-year old & Bill Murray on a $5 Vending machine innovation August 6 – 11 2014 Australia – are consumers giving up on cash? Bitcoin & emerging markets Canada – counterfeit US banknotes spike in Windsor Ontario Cardless ATMs may not be hack-proof Cash automation options Cummins Allison – increased vigilance required to fight counterfeiting Diebold in Spain FRBNY – Liberty Street Economics blog – the Hamburg crisis of 1799 Ghana – payments & microfinance India – 7 arrested in counterfeiting case Ireland – E20 counterfeit warning Israel – US arrests 13, including 4 Israelis, in counterfeit case involving $77 million in fake US$100s Kenya – number of cards in public hands is rising but usage is light Mobile payments will eventually make credit & ATM cards obsolete NCR in Abu Dhabi NCR in Brazil NCR – POS support for SMEs, 24×7 Nigeria – cashless policy & online shopping Nigeria – cashless policy & information security North Korea – Kim Il Sung dropped from new banknotes Numismatics – introduction to Roman emperors & their coins Patent – Bank of America – apparatus for redundancy in an ATM Patent – GRGBanking – banknote inclination correction device Patent – Mastercard – ATM transaction premium listing to prevent transaction blocking Philippines – ATM skimming Pymnts.com – if cash is dead why are so many people using it? Rwanda – mobile money Self-service checkouts spread around the world Seychelles – counterfeits on the rise Thailand – ATM skimming Thailand – coin production in 1990 UK – future of cash – Clydesdale & Yorkshire banks, video UK – how to differentiate a fake banknote from a genuine one UK – incompetent robber involved in attempted cash depot robbery sentenced to 13 years UK – the truth about the Great Train Robbery of 1963, podcast Uruguay – study – credit card & bank account holding patterns US – 19th test-strike coins from the Mint sold at auction US – Edmund Moy on cryptocurrencies US – going cashless can be expensive US – history of the change in your pocket Who is holding all those large denomination bills, in the US & elsewhere? Zambia – controversies of currency design July 30 – August 5 2014 Australia – the Securency case & Indonesia Australia – the Securency case & Malaysia Authentication science – University of North Texas chemist develops document authentication techniques for Department of Justice Cameroon – dirty money & its acceptability in commercial transactions Canada – Royal Canadian Mint commemorates veterans of World War I Canada – TD ATMs & customer giveaways CetoLogic & AltaOne FCU CetoLogic signs 6 new financial institution customers China – billionaire investing in money processing equipment Diebold – can rotating card input by 90 degrees in ATMs help defeat skimmers? Diebold – management changes Diebold – on the comeback trail? Finextra – why simulations are indispensable for the cash industry India – ATM customer electrocuted when loose wire touches the kiosk India – mobile payments India – policeman & suspect killed in counterfeit sting Ireland – could mobile money surpass, even supplant, bank accounts? Ireland – Croatian national arrested for counterfeiting Israel – find of rare coins from time of the second temple Japan Cash Machine Co (JCM) buys FutureLogic Group Liberia – $250k in counterfeit US$100s from Korea & Sierra Leone Mobile Payments Insider – outdated cash payments are taking a toll on businesses Money in the modern world Myanmar – mobile money & financial inclusion, in pictures NCR in Germany Nigeria – ensuring the success of the cashless policy at CBN Numismatics – the top 10 animal coins Patent – Digimarc – method for composing information-carrying artwork Patent – G&D – endless material for security elements Patent – Shandong Information Technology – cashbox & money validator Patent – Wincor Nixdorf – device for filling a thin walled transport container with notes of value Patent – Xerox – UV red fluorescent EA toner Scotland – UK pound sterling will be Scotland’s currency by default if the vote goes against union South Africa – competition intensifies in mobile payments South Africa – M-Pesa relaunched South Korea – increase in counterfeit US$100s Spain – Glory & Prosegur Thailand – warning about counterfeit 1000 baht banknotes The 15 most impenetrable bank vaults on the planet, with pictures UK – L5 commemorative coins have not held their value UK – Royal Mint strikes WWI coin UK – small businesses losing money due to burden of cash payments UK – the mixed experience with cashless buses in London US – on keeping the penny US/Florida – car dealership refunds woman’s money in dispute all in pennies & other coins US/New York – surgeon/numismatist has ancient Greek coins confiscated, will be returned to Greece Zimbabwe – toward more cashless payments Zimbabwe – will paper money become obsolete?