From the monthly archives:

March 2010

Substrate Debate – The End of Paper Notes?

03.31.2010
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Currency News: Comment from the Editor Astrid Mitchell – There could be over 30,000 tonnes of surplus capacity in the commercial banknote paper sector within 3-4 years if all of the proposed investments and changes go ahead…

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The Feel of Money

03.29.2010
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It is said that the only constant in life is change – no, not the coin in your pocket variety but the sort that challenges us to continuously adapt.First came the news that Canada will be changing their currency to a polymer based substrate. Next, the Bureau of Engraving and Printing (BEP) is now suggesting new changes for the US green-back, which actually isn’t so green anymore.

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NamSys Links with IBM

03.15.2010
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TORONTO, March 8 /CNW/ – Cencotech Inc. (CTZ – TSX-V) is pleased to announce that its wholly owned subsidiary, Namsys Inc. (“Namsys”) has entered into an agreement with IBM Canada Ltd. (“IBM”) whereby IBM, initially in North America, will be a reseller of the Company’s “Currency Controller(TM)” software and related products.

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Cash Makes A Comeback

03.11.2010
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For all the stories of the cashless society, Web 2.0 currency revolutions, etc. cash might be making a quiet comeback as the preferred payment method for many of us. In a recent article published in American Banker, the author postulates that recent bank bailouts might be the driver for consumers increased use of cash.

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Multichannel integration and currency management – Are they close cousins?

03.09.2010

I’m currently working on a body of research about multichannel integration and to be honest, I wasn’t initially thinking about the currency management implications. At the same time that I’ve been working on multichannel research, we’ve been talking a lot about the TowerGroup Top 10 which lays out the top business drivers, strategic responses and technology initiatives that banks are focusing on in 2010. Finally one day the light bulb came on and I started thinking about where currency management fits within both multichannel integration and increasing self-service adoption.

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It Just Feels Funny

03.05.2010
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Having been involved in the currency handling business for many years and having experience in many countries means that I have had the opportunity to handle many different kinds of “paper” money. I placed the word paper in parentheses for a reason, because in today’s world not all currency is made of paper. Australia started the trend away from paper/cotton based currency a few years ago. They were followed by Mexico and a handful of other countries. Now Canada is joining the ranks.

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Cloud Computing for Cash Optimization

03.02.2010
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Transoft International Inc. is pleased to announce the second anniversary of its hugely successful OptimizeCF cloud computing (SaaS) cash forecasting and cost optimization solution.

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