Currency makers are fighting a constant battle to stay ahead of counterfeiters, and the bills in your wallet are the product of countless hours of R&D, combining some of the latest developments in chemistry, physics and material science. And with both Canada and the U.S. introducing new bills next year, they’re about to become a [...]
While we often write about security devices that have already been introduced in banknotes, this week we launch the first part in a continuing series called “New Features” looking at features that are in development but have yet to be adopted by the industry. In the world of banknote security, anti-counterfeit technology has to be [...]
The big business of fake money: The new $100 bill is the U.S. government’s latest bid to stay one step ahead of counterfeiters. How widespread is counterfeiting? At any given time, some $200 million in bogus U.S. bills is in circulation worldwide, authorities say. About $60 million of those fakes circulates through the U.S. each [...]
Security features for banknotes around the world come in various forms. From holograms, to see through windows, to covert text, banknotes are outfitted with many different high-tech elements that help prevent counterfeiting. This article details the security features specific to the Canadian $20 bill. #1 – Metallic Stripe (holographic stripe): Numbers and two-tone maple leaves [...]
With the US Mint launching the release of a new $1.00 coin in November, Time Magazine drafted this list of top-ten tidbits about money that may surprise you: #1 – The Largest Banknote: Measuring in at roughly the size of a sheet of legal paper, the world’s largest single banknote is the 100,000-peso note created [...]
In one of the largest coordinated busts in recent Canadian history, more than 400 police officers moved through Ontario and Quebec to arrest suspects in a counterfeit passport ring. Twenty-nine people were arrested in the inter-provincial raids as a joint police force of officers from the RCMP, the Sûreté du Québec and Montreal police targeted [...]
With counterfeit banknotes, ID papers, and open-air admission tickets becoming increasingly easier to produce and more frequent due to technological advances in scanning and colour printing, the need for security papers that can’t be copied is on the rise. In response to this demand, Fortress Paper has developed Irisafe – a security feature that cannot [...]
Paper money was developed in China around 960 A.D., but when it was 1,000 years later that money counterfeiting flourished within America. Counterfeiters had become so skilled that when the first federal coins were issued by the U.S. government in the 1780′s, they had the dies cut by an ex-counterfeiter in order to deter the [...]