Archive for May, 2012

Banknote Company Hired To Upgrade Ontario Bingo Facilities

The company that helped the Bank of Canada design its latest series of polymer banknotes is undertaking a new project that will see them help the Ontario Lottery and Gaming Corp. (OLG) modernize bingo halls throughout the province. The Canadian Bank Note Co. (CBN) recently signed an eight-year contract with OLG create more up-to-date technology […]

Old Banknote Series Re-Emerges As Fake In NS

The “Scenes of Canada” banknote series hasn’t been printed in over 30 years, but RCMP in Halifax, Nova Scotia say counterfeit bills mimicking the old series have been popping up recently. The counterfeit notes were predominately $50 bills, though counterfeit $20 bills from the old series have also been reported his week. Const. Tammy Lobb […]

Setting The Stage For The Greek Drachma

With recent election results demonstrating many Greeks want to back out of the country’s Eurozone agreement, financial analysts say the drachma could return to Greece soon. Following three years of economic struggle and several bailouts totally nearly $800 billion, Greece could reinstitute its old currency should they pull out of the Eurozone. Hartmut Grossman, an […]

China To Start Issuing E-Passports

China will begin issuing electronic passports containing biometric information, such as fingerprints, to citizens on May 15. Officials said the new passports will better protect citizens’ personal data and national security. “In this way, no one can copy or use an e-passport that is lost or stolen,” Tang Lei, head of e-passport management for Beijing […]

The Days of Pennies In Canada Are Numbered

The Royal Mint announced Friday it will stop making the one-cent coin. Federal Finance Minister Jim Flaherty is set to take part in a ceremonial coin strike Friday morning at the mint’s coin production facility in Winnipeg, to mark the end of production of the penny. Once the very last penny is produced it will reside in […]

Bank Of Canada Unveils New $20 Bill This Week

The Bank of Canada is set to unveil its new $20 bill this week, the third in its series of new polymer banknotes. The new $20 note will feature an updated portrait of Queen Elizabeth II on the front and the Canadian National Vimy Memorial on the back. According to a press release, the design […]

Sweden Unveils Look At New Banknotes

Nearly a year after Sweden’s central bank announced the country’s banknotes would be changing design, Sveriges Riksbank unveiled the first glimpse of the new notes. The new notes will span all the denominations – 20, 50, 100, 200, 500 & 1,000 kronor – and the design will feature famous Swedes such as film director Ingmar […]