Bermuda legacy banknote

Bermuda Legacy Banknotes Deadline Approaches

The Bermudan Monetary Authority (BMA) is reminding the public that the legacy, horizontal Bermuda banknotes will no longer be legal tender after 31st December 2013. A press release issued by the Bermuda Monetary Authority included an explanation from Shanna Lespere, Director of Operations: “Back in June, the Authority announced that the legacy banknote series will…

Contactless payment symbol

Contactless Payments On Tube Early 2014

The UK’s Transport for London (TFL) has announced that the use of contactless credit, debit or charge cards will be available on the tube, Docklands Light Railway (DLR), trams and London Overground rail services by early 2014. The payment cards will be used in the same way as the current Oyster card system, where users hold…

Africa

East Africa Votes for Single Currency

On Saturday 30 November 2013, East African Community leaders signed the Monetary Union Protocol, with the intention to have a single currency in 10 years’ time. The signing ceremony, held in Uganda, was witnessed by Members of the East Africa Legislative Assembly (EALA), diplomats and high ranking government officials of member states. Kenya’s President Uhuru…

Japan Promotes Banknote Printing Services

A local news agency (Jiji Press) has reported that Japan’s Ministry of Finance has launched a promotion campaign to attract orders to print foreign banknotes. The National Printing Bureau (NPB), Tokyo, is highlighting Japan’s “cutting-edge anti-counterfeit technologies” in the hope of attracting orders. They will also offer passport printing services in addition to the current…