The International Currency Association (ICA) has appointed Wolfram Seidemann of Giesecke&Devrient Currency Technology as its new Chairman. The previous Chairman, Barna Barabas of JURA, stepped down from the position but remains a Board member. The ICA, founded in 2016, states it is “a voice for cash, promoting its continuing role as part of diverse, open and…
De La Rue has announced that it has agreed to a new strategic partnership with OPTEL to produce anti-counterfeit solutions for the brand protection industry. OPTEL is a “leading provider of end-to-end traceability systems”, providing anti-counterfeit solutions particularly for the pharmaceuticals market. In a press release, De La Rue says that this move will “leverage…
Sweden’s Sveriges Riksbank has stated that it will find a replacement banknote supplier following Crane’s announcement that it is relocating to Malta. The announcement from the Central Bank came following news published last week that Crane Currency will be relocating its banknote printing facilities from Tumba in Sweden to Malta. The Bank responded to Crane’s relocation news on Friday…
The Central Bank of Macedonia has begun circulating polymer versions of its lowest two banknote denominations, the 10 and 50 denar notes. Macedonia’s two lowest value banknote denominations have been upgraded from traditional cotton paper substrate to polymer. The Central Bank’s aim is to reduce long-term banknote production and processing costs through increased banknote durability. The new polymer…
Crane Currency has announced that it will close its printing plant in Tumba, Sweden, moving its banknote printing operations to its newly opened facility in Malta. The paper mill, design team and related departments will continue to operate from the Tumba facility. The Swedish banknote printing plant has been operating since 1755 when it was run by the…
The National Bank of the Kyrgyz Republic is continuing to celebrate 25 years of the country’s national currency with the introduction of two new coins. The coins were issued by the Central Bank yesterday on the country’s National Currency Day to celebrate 25 years of independence and the 25th anniversary of the introduction of the national currency. The…
The Central Bank of Venezuela has confirmed that a new International Organization for Standardization (ISO) code will be assigned to its soon to be denominated currency. The ISO code “VES” will be used to identify the new Sovereign Bolivar that comes into effect on 04 June 2018, replacing the previous ISO code of “VEF”.. The Venezuelan currency is to…
De La Rue (DLR) has opened its new product authentication facility in Malta, which will produce tax stamps, authentication and brand products including protection labels for Microsoft. According to DLR, the facility, which was opened today by the Prime Minister of Malta on 24 April 2018, is a centre of excellence across Currency, Identity and Brand…
Crane Currency has released an educational film detailing MOTION SURFACE™, their latest micro-optics security feature product. MOTION SURFACE™ is an evolution of Crane’s MOTION® security thread feature, developed to enable the MOTION® micro-optics technology to be applied as a patch. MOTION® was first used in a circulating banknote in 2006, by Sweden’s Riksbank on the 1,000-krona note. RAPID®, the first…
The Central Bank of Bolivia has launched its new banknote series with the issuance of the new Bs10 banknote. The new Bolivia Bs. 10 banknote entered circulation on 10 April 2018, the first of the new banknote series called Primera Familia de Billetes (PFB), which translates to the First Family of Banknotes. The design of the banknote…