Archive for July, 2010

Quality Control Halts Banknote Production For One Company

After discovering irregularities in the quality and production of banknote paper, security paper maker De La Rue has suspended production of banknotes at their printing plant in Overton, Hampshire for the time being. Though no specific details have been provided, the company said last week that the paper used for making banknotes was not being […]

New Scottish Series Wins Best New Banknote at IACA

A new series of Scottish banknotes celebrating Scotland’s heritage, people and culture took home for award for Best New Banknote at the International Association of Currency Affairs (IACA) Excellence in Currency Awards last month. The banknotes are not only complete with a rich pictorial history, they are also specially designed for the visually impaired using […]

NEW FEATURES: Connecting The Quantum Dots

This article is part of a continuing series that looks at security features in development for the security paper industry. It’s not a connection you can make everyday, but some leading cancer research could also prove to be an important development for the security paper industry. Quantum dots are a discovery of nanotechnology (much like […]

NEW FEATURES: Spreading Fluorescence Thin

This article is part of a continuing series that looks at security features in development for the security paper industry. The security paper industry is no stranger to the use of fluorescence. Often used in banknotes, fluorescence provides a unique security device that can only be revealed under ultra violet (UV) lights. On the Canadian […]

Learning More About The CBCDG

The Central Bank Counterfeit Deterrence Group (CBCDG) is a group of 31 central banks and note printing authorities that investigates emerging threats to banknote security and proposes solutions for these threats. Consisting of members from countries around the world including Canada, the United States, Australia, Sweden, Germany, Japan, France, Greece the United Kingdom, the CBCDG […]

Fortress Paper CEO & Director Nominated For Ernst & Young Entrepreneur Of The Year

Chadwick Wasilenkoff, CEO and Director of Fortress Paper Ltd. has been nominated by Ernst & Young for Entrepreneur Of The Year 2010. The firm recognizes high-achieving entrepreneurs who make a difference in the global economy Canada’s most successful entrepreneurs improve the quality of life for people across the globe. “This year’s exceptional Pacific finalists all […]

NEW FEATURES: Forensic Fingerprinting

It may sound like something straight out of the crime-drama CSI, but scientists in Brazil and the US are developing a method of identifying “fingerprints” on banknotes in order to spot counterfeits. The process is done using what chemists call a “mass spectrometric technique” that can detect the authenticity of a banknote in seconds. This […]

Fortress Paper Announces $40.9 Million Closing of Bought Deal Offering

VANCOUVER, BRITISH COLUMBIA–(Marketwire – July 7, 2010) – Fortress Paper Ltd. (“Fortress Paper” or the “Company”) (TSX:FTP) is pleased to announce that it has completed its previously announced bought deal offering (the “Offering”) of 1,739,000 common shares of the Company (the “Offered Shares”) at a price of $23.50 per Offered Share for gross proceeds of […]

BSP Redesigns Banknotes to Keep Up With Security Technology

In an effort to keep up to date with anti-counterfeiting technology and increasingly high-tech security features on banknotes around the world, the Bankgko Sentral ng Pilipinas (BSP) in the Phillipines announced this week that it will launch a new series of banknotes in December 2010. “We want to take advantage of these technologies,” BSP Monetary […]