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Thailand issues 1000-baht banknote

Banknotes, NewsBy SMI 21/08/2015

The Bank of Thailand has issued a new 1000-baht banknote. The new note entered circulation today following an unveiling of the note by the Bank’s Governor, Mr.Prasarn Trairatvorakul, last Monday. The paper banknote contains updated security features to aid both machine and human authentication, including those with visual impairments. The updated features include: A watermark…

Authenticate payments using your heartbeat

Cashless Payments, News, TechnologyBy SMI 12/08/2015

Canadian company Nymi has developed an authenticating wristband which uses a person’s unique electrocardiogram (ECG) reading. According to the company, the wristband allows wearers to “seamlessly unlock devices, remember passwords and more”. Nymi first discussed using their wristband technology as a payment authenticator last year and, following a successful trial, it now claims that the…

China to issue new 100 yuan banknote

Banknotes, NewsBy SMI 04/08/2015

According to local news agencies, China will soon be releasing a new 100 yuan banknote. The People’s Bank of China, China’s Central Bank, is reportedly planning to release the new banknote in November this year. The new note will contain improved security features to help combat counterfeit banknotes circulating within the country, which has seen…