Eesti Pank begins euro banknote production

Estonia adopted the euro on 1 January 2011, replacing the kroon as the country’s official currency. Eesti Pank, the Central Bank of Estonia, will begin producing euro banknotes for the first time this year. Eesti Pank, alongside other euro countries, must provide euro banknotes each year via a joint procurement with other euro countries. This…

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SMI QR code

Use of QR codes in banknotes

QR codes, or Quick Response codes, are becoming more and more common and are often seen in advertising and marketing media. A QR code is a two dimensional barcode which requires a QR reading device such as a smartphone to link directly to the information stored within the code, which can be websites, emails, texts…

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Talaris is acquired by Glory Corporation

Cash handling equipment and software provider Talaris, which employs 1900 people, has been acquired by Glory Corporation for £650 million. Talaris was previously De La Rue Cash Systems, but was sold for £360m in 2008 to private equity group Carlyle Europe Partners. In less than 4 years their investment nearly doubled. Since the departure from De La Rue, Talaris’…

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SMI comments on NOtES

One of SMI’s Directors, Martin Arkwright, has featured on Financial Post Entrepreneur commenting on the new NOtES technology which was presented in a keynote speech at an industry conference in San Fransisco. NOtES – Nano-Optic Technology for Enhanced Security – uses nano-optic technology such as that found on butterflies, scaled up to could create a next-generation, high-definition hologram. Martin…

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