Currency News

by Astrid Mitchell · 1 comment

CN New

Once a month the publishers of Currency News will offer exclusive content from the most recent issue. This is a unique offering from Currency News to the readers of Counting On Currency. We hope you enjoy it!
 

Currency News – Highlights from the May 2012 Issue

In the News

All change for Canada’s currency; the Fed outlines plans for its next generation of currency processing systems; India examines how to increase currency production; the Philippines central bank announces plans to push ahead with a second banknote printing line; De La Rue threatens to pull out of Kenya; counting the cost of dollarisation in Zimbabwe; obituary – Manfred Beck, former board member of Giesecke & Devrient

Comment: Standards – More Speed Needed

The advent of two potential ‘killer payment applications’ threatens cash as never before. The industry needs to give cash all the advantages it can  to keep it convenient, competitive, reliable and cost-effective for all parties, and to ensure its survival in the rapidly-changing payments landscape. Creating standards and practices that revolutionise the efficiency of cash are essential – but time is not on the industry’s side.

Company News

Wincor Nixdorf issues profit warning for the half year, but nearest rivals are flying high; 2011 proves to be a record year for the Royal Canadian Mint; Spectra Systems announces first results since flotation; Saxonia celebrates 400 years; Radece Papir declares bankruptcy – could Oberthur step in and buy it?

Technology Profile: Track & Trace for Banknotes – RFID, Printed Electronics, I-QR… or None?

The debate about the benefits or otherwise of tracking banknotes has come and gone over the years. But should governments and central banks decide to go this route, at least they now have the tools for doing so.

Technology News

GRG Banking launches the Cash-4-All suite of intelligent cash and cassette management solutions; PaperSpeckle offers a new smart phone based techniques for creating and authentication paper fingerprints; nanoparticles give new properties to paper than can be waterproof, magnetic, fluorescent or bacteria-resistant; high-speed nanocrystallisation offers new technique for banknote security features; new design software from Jura optimises workflow and quality control.

Note and Coin News

  • New high value note for Belarus – but for how long?
  • Sweden shows off its new notes
  • Colombia announces new, smaller coins to reduce costs, and the replacement of the 1,000 Peso note with a coin
  • New Caledonia approves the final designs for a new series of CFP Francs
  • Russia set to ditch low value Kopeks
  • Azerbaijan plans to introduce three new high denomination notes
  • State of Jersey issues a commemorative £100 to mark the Queen’s Diamond Jubilee
  • Malaysia’s new series to go into circulation in July

Subscribe to Currency News here.

{ 1 trackback }