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Management Buy-out by Secura Monde (SMI)

News, SMI

We are pleased to announce the management buy-out of Secura Monde International Ltd (SMI) by its management team, Jonathan Ward and Martin Arkwright. SMI provides consultancy services to Central Banks and other clients in the banknote and cash industry, and was acquired by G4S plc in 2009. Today’s acquisition will allow SMI to operate again as a fully…

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Australia sees rise in counterfeit banknotes

Banknotes, News

There have been several reports in the global media regarding an increase of counterfeit banknotes in Australia. The sources relate to the Reserve Bank of Australia’s Annual Report which identified a 63% increase in counterfeit banknotes withdrawn from circulation during the 2014/15 period. This equated to 37,000 notes with a nominal value of $2.0 million, which…