When introducing new banknote designs, a major consideration is the selection of security features. The multitude of technologies available in the market today (whether public recognition, machine readability or durability) can be confusing – getting the right balance between security, aesthetics and durability, whilst meeting the needs of all stakeholders within the cash cycle, is critical to the successful introduction of a new currency.
SMI’s proven approach includes an in-depth assessment of the effectiveness of appropriate features, their relevance to the local environment and the risks from counterfeiting. From this, a detailed Technical Specification is created which captures all the relevant data.
SMI is respected throughout the industry for its knowledge and understanding of the technologies used in banknotes and coins. As an independent entity, SMI has been able to compile a unique and comprehensive database of features and their technologies.