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Google Wallet Debit Card Launched

Cashless Payments, News, TechnologyBy SMI 27/11/2013

Following on from the launch of Google Wallet in 2011, Google is now introducing a prepaid debit card which will allow customers to purchase goods at stores and withdraw cash from ATMs. Google Wallet is a smartphone app which allows users to make online payments and transfer funds to other users. It is a digital…

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Russia Issues Olympic 100 Ruble Commemorative Banknote

Banknotes, NewsBy SMI 27/11/2013

20 million notes will be produced in total, which have a vertical design depicting a snowboarder and several venues in the Sochi Olympic Park, including the Fisht Olympic Stadium on the reverse of the note. The national flags of countries participating in the games form part of the design on the front of the note.…

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Bank of Guyana Unveils $5,000 Banknote

Banknotes, NewsBy SMI 26/11/2013

On November 15th, 2013, the Bank of Guyana unveiled the new £5,000 banknote. This is an additional denomination to the current series existing of the £20, £100, £500 amd £1,000. It is due to go into circulation on December 9th, 2013. The face of the banknote displays a map of the country with its natural resources,…

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Innovia Films in Acquisition Talks

Banknotes, Currency, NewsBy SMI 26/11/2013

It has recently been announced that Pamplona Capital Management has entered exclusive talks to acquire Innovia Films. Innovia Films, a global manufacturer of speciality products for the packaging and security markets – Biaxially Oriented Polypropylene (BOPP) and Cellulose based films – currently supplies polymer to be used as a banknote substrate to around 20 Central…

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Canada issues $5 and $10 polymer banknotes

Banknotes, NewsBy SMI 18/11/2013

The Bank of Canada has now completed the issue of its first polymer banknote series. The release of the new $5 and $10 polymer banknotes follow the gradual release of the previous $100, $50 and $20 denominations. Like the previous versions, the Bank of Canada state that the main motivation for the change to polymer…

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New US $100 dollar bill issued

Banknotes, NewsBy SMI 10/10/2013

On the 8th October 2013, the US Federal Reserve issued the latest version of the $100 dollar banknote. The note contains several new security features, including Motion™ thread and a colour changing/ optically variable ink. Other features include: Watermark of Benjamin Franklin Embedded security thread which glows pink under Ultraviolet (UV) light Colour shifting “100”…

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