Counterfeit
Are we entering the polymer age?
CCL Secure explores the security and anti-counterfeit benefits of polymer banknote technology. As this developing technology reveals its advantages over traditional paper-based banknotes, could we soon see a shift in the status quo in polymer’s favour?
Currency initiative: The ECB and US Federal Reserve’s CDI2 standards
The pair has created an important new technical standard to support more efficient cash management
Irish central bank to gain stronger anti-counterfeiting powers
Draft law makes Irish central bank national currency analysis centre and gives it enforcement role
ECB reports historically low counterfeit volumes
€20 and €50 remain the most counterfeited, central bank data shows
Currency Benchmarks 2020 report – the data behind the cash cycle
Perspectives on staffing, circulation, forecasting, fraud, substrate choice, outsourcing and climate risk
G+D and CPS are ‘most approved’ for banknote sorting
Just over half of survey sample endorses Munich-based manufacturer
Printing is the most outsourced area of the cash cycle
Just over 60% of survey respondents contract out currency printing
Only 25% of central banks operate own printworks
Larger central banks from high income countries are more likely to print notes in-house
Counterfeits rise with issuance on multiple substrates
Average percentage of counterfeits per total volume in circulation is around 0.01%
Bank of Japan intensifies CBDC research
Central bank appoints new CBDC head as ruling party warns Chinese effort poses security threat
Some thoughts on CBDC operations in China
PBoC's Fan Yifei outlines why he favours indirect CBDC in China
Ghana’s Addison on banking reform, innovation and the future of the eco
Bank of Ghana governor says Ghana is unlikely to join eco anytime soon
Bank of England launches new £20 banknote
BoE says new polymer note is “most secure” it has issued
Modernising currency management
Central banks strive to optimise currency operations, even as relative importance of cash drops
Polymer banknotes caused sharp fall in UK counterfeits – BoE
Bank of England reports reduction from 1,000-plus fake notes a month to single figures
Trump administration to delay $20 Tubman banknote
Banknote featuring abolitionist Harriet Tubman pushed beyond Trump’s maximum term
Bank of Israel wins Supreme Court case on banknotes
Justices advise private ATM operator to drop case against central bank
Israel’s Steiner: central banks must adapt to changing banknote demand
Ilan Steiner highlights importance of banknote data in forecasting future demand
Burundi central bank updates banknotes
New notes will be higher quality and harder to counterfeit, central bank says
The role of e-cash in China
E-cash improves convenience and security while cutting cash handling fees
Rwanda to issue new banknotes
New 500 and 1,000 franc notes will have new security features and design elements
Adverse environment forces banknote firm Arjowiggins Security to close
Paper specialist forced to liquidate UK and French holdings despite restructuring
Currency services: De La Rue
UK-based banknote provider secured new clients and transformed focus towards technology in 2018
Fed launches banknote app for children
App provides details of security features, mimicking raised intaglio print through vibrations