DNB Banknote checker - phone app

Phone app identifies counterfeit euros

Banknotes, News, Technology

The Dutch National Bank (DNB) has released an app which can be used to identify if a euro banknote is genuine or counterfeit. The app, which can be used on the iPhone 5 or higher, uses the device’s camera to scan the banknote and, the DNB claims, in many cases can identify straightaway whether the…

Upgraded ECCB security thread

ECCB upgrades banknote security threads

Banknotes, News, Technology

The Eastern Caribbean Central Bank (ECCB) has today issued a press release advising of a security thread upgrade to all its banknote denominations except for the $5. The Bank advises that the upgrade is “in keeping with the advancement in technology to prevent counterfeiting”.   Read the ECCB press release here.  |  See ECCB banknote…

T-Mobile Poland accepts Bitcoin

Cashless Payments, News, Technology

Mobile phone operator T-Mobile has begun accepting Bitcoin payments for pay-as-you-go phone top-ups in Poland. T-Mobile, one of Poland’s leading mobile phone operators, has begun a 3 month trial offering the virtual currency Bitcoin as an alternate payment option in partnership with Polish payments processor InPay. To help launch this new payment option, T-Mobile is…

Microsoft

Microsoft to accept Bitcoin payments

Cashless Payments, News, Technology

The increasingly popular virtual currency can now be chosen by users to add funds to their Microsoft accounts to pay for services such as games and videos on XBox games consoles, Windows phone apps and services, or to purchase Microsoft’s software. Rather than making an official announcement, Microsoft added a page to its customer support…

Nanotech Security acquires Fortress Optical Features

News, Technology

Nanotech Security Corp. has today announced that it has made an agreement to purchase 100% of Fortress Optical Features Ltd, who produce optical thin film used as banknote security threads. Vancouver based Nanotech, which designs and  manufactures nanotechnology for use in anti-counterfeiting and authentication products, has made the agreement with Fortress Global Securities Sarl, a…

SICPA completes acquisition of Cabot Securities

News, Technology

Cabot Security Materials Inc. (CSMI) closed the sale of its Security Materials business yesterday to security inks specialist SICPA SA for approximately $20 million in cash consideration. Cabot president and Chief Executive Officer said: “We are pleased to have completed this transaction at an attractive value for our shareholders” “SICPA is a leading player in…