RICHMOND, Va., Feb. 26, 2020 (GLOBE NEWSWIRE) — Brink’s Company (NYSE: BCO), the global leader in total cash management, route-based secure logistics and payment solutions, today announced that it has agreed to purchase for approximately $860 million (£660 million) the majority of the cash operations of U.K.-based G4S plc (LSE: GFS), a global security and…
Crane Co., a diversified industrial products company headquartered in Connecticut, US, has announced the acquisition of Cummins Allison Corp. for $160 million. Cummins Allison is a US manufacturer of currency handling systems, including high-speed cash and coin counting and sorting machines, ATMs, retail cash office solutions and related software along with a nationwide service network. The deal was closed on December 31, 2019.…
The inauguration of the Bank of Mexico’s second banknote printing facility has taken place following increased banknote demand in the country. Mexican banknotes have been printed by the state’s banknote printing works located in Legaria, Mexico City, since its opening in 1969. The demand for Mexican banknotes has consistently increased, however, with the Legaria printing facility producing 201 million banknotes in 1970…
PNO Global, supplier of banknote varnish and solutions for fitness sorting, quality control and counterfeit analysis, has entered into a joint development agreement with De La Rue. PNO Global is the producer of the Snowfish® banknote sorter range. The partnership between the two companies is intended to incorporate “joint product development and related sales execution on…
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…
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 Venezuela has confirmed that banknotes from its new re-denominated currency will start circulating on 4 June 2018. The news was confirmed by the Central Bank of Venezuela in a press release issued today. News of the new denominations, which will have three zeros removed from each denomination’s value, was announced last month by…
Oberthur Fiduciaire has been selected by Denmark’s Central Bank as its new banknote supplier, following the central bank’s decision to stop using its own state printer in 2014. Denmark’s Central Bank, the Danmarks NationalBank, has published a press release confirming that French company Oberthur Fiduciaire SAS has been selected as its supplier of Danish banknotes.…