A new phone app has been unveiled by the Czech National Bank Counterfeit Cash App which it says will help consumers identify counterfeit money, using detailed photographs and descriptions of all valid versions of Czech banknotes and coins. The Czechs see value in protecting their traditional currency, the koruna as the Euro is coming under criticism [...]
Using digital images of real money and an ink- jet printer, almost £30,000 in fake bank notes were counterfeited. On Monday at the Glasgow Sheriff Court, Ian Beaton admitted to creating the fake notes. After police searched his car near Aberdeen and found £2000 of seized counterfeit notes with his fingerprints on the envelope the [...]
The British territory of Gibraltar issued new £5 and £20 banknotes this month, and – for the first time ever – the country has introduced £100 banknotes into circulation. The new notes were part of a series introduced in two phases. The first new notes – the £10 and the £50 – were issued in [...]
After a seizure totaling nearly half a million dollars worth of fake banknotes this week, the Australian police are telling people to pay closer attention to their cash. “The notes are a very high quality,” Australian Federal Police (AFP) commander David Steward told the Sydney Morning Herald. “I do want to just encourage people to [...]
Police forces in the Czech Republic have reported an increase in seized counterfeit bills this year, saying the number of forged banknotes retrieved was up by seven per cent compared to last year. To date, Czech authorities have already seized 5,245 banknotes varying in denomination and value, but the increase doesn’t necessarily translate to an [...]
This article is part of a continuing series that looks at security features in development for the security paper industry. It’s not a connection you can make everyday, but some leading cancer research could also prove to be an important development for the security paper industry. Quantum dots are a discovery of nanotechnology (much like [...]
The Central Bank Counterfeit Deterrence Group (CBCDG) is a group of 31 central banks and note printing authorities that investigates emerging threats to banknote security and proposes solutions for these threats. Consisting of members from countries around the world including Canada, the United States, Australia, Sweden, Germany, Japan, France, Greece the United Kingdom, the CBCDG [...]
In an effort to keep up to date with anti-counterfeiting technology and increasingly high-tech security features on banknotes around the world, the Bankgko Sentral ng Pilipinas (BSP) in the Phillipines announced this week that it will launch a new series of banknotes in December 2010. “We want to take advantage of these technologies,” BSP Monetary [...]
This article is part of a continuing series that looks at security features in development for the security paper industry. One of the most familiar – and recognizable – banknote security features is the watermark. First introduced in the 13th century in Italy, a watermark is an image or pattern on the security paper that [...]
*This article is the last in a three-part series on counterfeiting. Read the first two articles in the series: Part 1, Part 2 Anti-counterfeiting technology in and on banknotes has been evolved more over the past 30 years than it has in the entire history of money. Today’s banknotes are not just used as currency; [...]