Archive for August, 2011

Heathrow To Introduce Facial Biometric Scanners

London’s Heathrow airport announced this month that it will begin using facial biometric scanners to beef up security at its international flight terminals. The facial recognition scanners will be a second step in a security process installed at Heathrow. Currently, the airport uses the Atkins Passenger Authentication Scanning System (PASS) – a system that maintains […]

Bank of Canada Invited Public Opinion On New Banknote Design

As the Bank of Canada prepares to put new polymer $50 and $100 banknotes into circulation, more details are being released about the design on the new bills. Last month, we wrote about the years of work it took to develop the security features for the new notes. The design of the bills also went […]

Bank Indonesia Increases Banknote Security Features

In order to combat counterfeiting, Bank Indonesia (BI) announced this week that it would be upgrading the security features on its banknotes beginning in October. Using a technique called “rainbow printing,” the new banknotes issued by BI are made by using several colours on a single plate that results in a natural blending of the […]

BSP Launches Campaign To Detect Bogus Bills

When a country redesigns their banknotes to update the series or enhance their security features, part of the process typically includes finding ways to inform the public of coming changes. From posters, to commercials, to online videos, central banks take on the responsibility of educating currency users of coming changes. The Bangko Sentral ng Pilipinas […]

New Zealand Banknotes Will Retain Similar Design

Though some believed the currency could see a massive overhaul, bank officials in New Zealand announced that the design of their new banknote series will remain similar when the notes are released in 2014. A point of contention for the new notes was the depiction of Queen Elizabeth on the country’s $20 banknote. A recent […]

Fortress Paper Announces Second Quarter 2011 Results

VANCOUVER, BRITISH COLUMBIA–(Marketwire – Aug. 8, 2011) – Fortress Paper Ltd. (TSX:FTP) (“Fortress Paper” or the “Company”) reported 2011 second quarter EBITDA of $4.6 million on sales of $90.3 million. For the first quarter of 2011 EBITDA was $1.0 million on sales of $85.5 million and for the three months ended June 30, 2010 EBITDA […]

Nanaimo Stores See Influx of Counterfeit $100 Bills

Several months before the Bank of Canada introduces a new polymer $100 banknote into circulation, the town of Nanaimo, British Columbia is noticing an influx of fake $100 bills being used at local businesses. Modeled after the current cotton-paper blend banknote, the fakes have been making their way to gas stations, video stores, taxi companies […]