Currency Producers
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 [...]
Specialized Security Features Make Bermuda’s $2 Bill 2010 Banknote Of The Year
Bermuda’s $2 bill has been chosen by the International Banknote Society (IBNS) as the 2010 Banknote of the Year for its “interesting array of security features.” First issued by the Bermuda Monetary Authority (BMA) last year as part of the Island’s redesigned currency series, the $2 note includes such security features as: – a distinctive [...]
“Counterfeiting, A Three-Part Series.” Part 2: The evolution of anti-counterfeiting measures
*This article is the second in a three-part series on counterfeiting. In the world of currency, developing anti-counterfeiting measures have always followed the emergence of counterfeit banknotes and coins, and they have taken on many different forms. As seen in the previous article in this series, (read: Part 1: A History of Counterfeiting), one of [...]
REPORT ON BUSINESS: “Turning paper into cash”
Fortress Paper was covered today in the Globe and Mail’s Report on Business. Dave Morris reports on Fortress Paper: At a 125-year-old factory in the shadow of the Swiss Alps, veteran watchmakers, trusted for their keen attention to detail, pore over the drums that will embed detailed watermarks into pristine sheets of paper stock. But [...]
FOXNews.com: “The Dollar Bill Goes High-Tech”
Counterfeiting has never been easier. All it takes these days is a fairly inexpensive color printer, some graphic design software and a willingness to spend a few decades in jail if you get caught. But desperate times call for desperate measures, so criminals struggling in a tough economy and savvy with advanced printing equipment have [...]
Royal Bank of India Lists Banknotes Security Features on its Website.
Ever wondered exactly what kind of security features are embedded in the cash you carry? If you live in India, you no longer have to wonder. The Reserve Bank of India (RBI) has posted a comprehensive list of security features on its Mahatma Gandhi Series banknotes on its website. The Gandhi Series has been in [...]
Russia to stop making 10-ruble banknotes
The average cost of replacing worn banknotes is causing some countries to think twice about re-producing them. In October, the Bank of Russia announced that it would stop issuing 10-ruble banknotes in 2010 because they wear out quickly and are too expensive to produce. Much like when the Canadian Toonie was introduced in 1996, a [...]
British Business Leaders Demand More Ten Dollar Banknotes
In a prime example of how the demand for banknotes is rising even in a plastic and digital age (see also: Combating Counterfeiting: A Brief History of Security Features ), the Daily Mail reported this week that British business leaders have urged the Bank of England to increase the number of £10 notes in circulation. [...]
Fortress Paper Announces Record Profits
This week Fortress Paper Ltd. announced a 52 per cent rise in quarterly profits, showing that while many companies are struggling during this period of economic downturn, they are thriving. The company – which produces non-woven wallpapers as well as security and specialty papers (such as bank notes) – reported net income of $3.5 million [...]
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