Currency Producers

This category contains 7 posts

“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 the earliest [...]

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 not [...]

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 figured [...]

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 production since 1996.
Though [...]

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.
The [...]

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 for [...]