Banknotes
What is the future of banknotes?
Antti Heinonen searches for clues on the future of banknotes at central banks worldwide
Mersch issues warning to European payment providers
European firms must innovate or risk being competed out of instant payment sector
Liberia’s central bank says all ‘missing’ banknotes are accounted for
Internal investigation concludes banknotes ordered between 2016 and 2018 were delivered to vault
Cash still reigns in euro area
Large number of countries still use cash for high-value payments, but national disparities remain
Curaçao and Sint Maarten proposes 2021 for new currency launch
Caribbean guilder introduction hinges on governments agreeing on new monetary union
De La Rue beats European competition to Swedish banknote contract
Banknotes will be printed in UK after Riksbank severs ties with former supplier
Former Liberian governor to assist in corruption probe
Government launches investigation into missing banknotes
An informed approach to banknote security and durability
De La Rue explains how its data consultancy service, DLR Analytics, allows central banks to ensure notes in circulation are secure and durable, and offers value for money in spite of increasingly prominent alternative payment solutions. By facilitating…
RBI figures show demonetisation captured very little ‘black money’
Over 99% of banknotes were returned despite high cost to the economy
Venezuelan central bank launches app to aid currency reconversion
App allows members of the public to covert prices into the new “bolivar soberano”
Bank of Mexico to phase out 20-peso banknote
Central bank scraps lowest denomination; considers new 20,000 banknote as series launches
Somalia central bank begins global search for new governor
Central bank looks for suitable candidate to continue major reforms, as country attempts to recover following decades of conflict
SBP ramps up SMS service to handle Eid banknote surge
Service helped millions access fresh notes during the annual demand surge around the festival; system is easy to implement and helps with planning, says Qasim Nawaz
Riksbank terminates contract with Crane
Central bank argues banknote provider has broken its contract by transferring printing facilities
BoE’s profits dip on higher banknote and research expenditure
But total expenditure comes in below budget due to lower headcount than expected
Hong Kong filmmakers found guilty of possession of fake banknotes
The banknotes were props in an award-winning film; HK filmmakers association called the conviction a “big joke”
Cash usage in Switzerland below eurozone average – SNB survey
SNB’s first payments study finds 70% of transactions processed in cash in 2017
Strike halts Australian banknote production
Unions reject 2% offer and point to governor’s call for higher wage increases
Riksbank looks for new banknote supplier as Crane Currency moves out
Swedish central bank surprised by Crane Currency’s transfer of operations to Malta
Denomination matters for banknote demand – paper
Bank of Canada paper finds people make different choices when holding high-value banknotes
Bank of Israel files first civil lawsuit against counterfeiters
Counterfeiters already convicted of forging “tens of thousands” of the new 200-shekel note; central bank seeking €100,000 in compensation
The Bank of Italy’s approach to risk-based budgeting
The financial crisis blurred the lines between Anglo-Saxon and continental European central bank models, presenting challenges when treating both the sources of risk and risk-bearing capacity using financial and accounting budgeting techniques
RBI scrambles to respond to ‘spurt’ in cash demand
Central bank denies currency shortage but says note printing has been ramped up
Video Q&A: Antonio Riccio, Landqart
Antonio Riccio, vice-president, sales and marketing at Landqart, discusses the future outlook and most recent changes in banknote production and how hybrid substrates and polymer have improved security, durability, cost efficiency and public recognition