From today, Innovia Security, the manufacturer of Guardian™ polymer banknote substrate, will operate under the new name of CCL Secure. This follows an announcement made last December advising that The Smithfield Group, the managing shareholder of Innovia Group, had accepted an offer from Canada’s CCL Industries Inc. to acquire the company for CAD $1.3 billion (US $952.7m). Speaking…
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The Maldives Monetary Authority (MMA) have unveiled the design of the new 5 Rufiyaa banknote. The new polymer banknote is part of the Ran Dhihafaheh note series which launched on 1 November 2016 and circulated on 26 January 2016, consisting of the 10, 20, 50, 100, 500 and 1,000 denominations. The new polymer 5 replaces the last…
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The Swiss National Bank, the central bank of Switzerland, has today revealed the new 20-franc banknote design The 20-franc banknote is the second of the latest ninth series of banknotes to be issued in Switzerland, following the release of the award winning 50-franc note in April last year. The new note will be issued into circulation…
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The International Bank Note Society (IBNS) has announced the new Swiss 50 banknote as the winner of the Bank Note of The Year Award 2016. The 50-franc banknote was issued by the Swiss National Bank in Switzerland in April 2016, the first denomination to be circulated from the country’s ninth banknote series. Printed by Orell Fussli Security Printing…
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The Reserve Bank of Fiji has issued a new banknote and a 50-cent coin celebrating the country’s gold medal win at the Rio 2016 Summer Olympics in the men’s Rugby Sevens – the country’s first ever Olympic medal. By the time the Fijian team had made it to the Olympic final in August last year, the…
DetailsIn a move towards a cashless society, South Korea has begun a trial whereby cash paying shoppers can receive their transactional change in the form of a credit deposited onto pre-paid payment cards, instead of coins. The trial begins today following an announcement by the Bank of Korea last year detailing efforts to reduce the volume of circulating coins within the country. Customers…
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