South Korea to eliminate coins by 2020

Cashless Payments, Coin, News

The Central Bank of South Korea plans to remove coins from circulation by 2020, in efforts to become a cashless society. According to local reports, The Central Bank of South Korea announced on 1 December 2016 that it plans to abandon coins by 2020 to encourage the use of cashless payments. It is encouraging citizens to…

An image of a rainbow hologram.

De La Rue Acquires holography company, DuPont

News, Technology

De La Rue has agreed to acquire the Authentication business of DuPont Electronics & Communications for a cash consideration of US $25 million. DuPont produces photopolymer holographic films and 3D holograms and associated software, used in the brand protection and identity authentication industry. Its products are based on Lippmann holography technology. DuPont Authentication, with around 40 employees, is…