Watermarks and intaglio printing remain top security features

Increasing the number of security features does not necessarily reduce counterfeiting

Traditional banknote security features, including watermarks and intaglio printing, remain the most popular anti-fraud elements featured on banknotes around the world.

A total of 91% of currency managers use watermarks to help the public identify their banknotes; while just under 95% of respondents use intaglio printing, according to the 34 respondents to this section of Currency Benchmarks 2020.

Many central banks are also embracing other technological elements for banknote security

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