ECB and Fed unite on global currency standard

US dollars and euros

When the Federal Reserve and the European Central Bank (ECB) collaborate on a project – in this case a set of standards for banknote-sorting machines – there is a much better chance the final product will become the de facto global standard.

Since the beginning of 2015, the two central banks have been working together on redesigning a set of standards called the Common Detector Interface (CDI). The new set of standards, appropriately named CDI2, are designed so that any given sensor can be

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact or view our subscription options here:

You are currently unable to copy this content. Please contact to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Central Banking? View our subscription options

If you already have an account, please sign in here.

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account