A new video podcast series released by the United States government is aimed at helping businesses and consumers protect themselves against counterfeit currency. Initially created for the website NewMoney.gov – a site used to educate the public about the new $100 US bill – the podcasts are a visual resource in which people can learn [...]
It may not look like a Greek hunter, but a small pattern of symbols found on some banknotes named after one of the universe’s most prominent constellations does its best to battle counterfeiters. The EURion constellation is a pattern made up of five rings that are added to banknotes in order to prevent counterfeiters from [...]
Several months after the unveiling of a new high-tech $100 US bill (set to be released into circulation in February 2011), the US Treasury is considering making changes to all banknotes, and has asked for public comment on their intent to do so. The changes have very little to do with the actual security of [...]
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 [...]
A new series of Scottish banknotes celebrating Scotland’s heritage, people and culture took home for award for Best New Banknote at the International Association of Currency Affairs (IACA) Excellence in Currency Awards last month. The banknotes are not only complete with a rich pictorial history, they are also specially designed for the visually impaired using [...]
This article is part of a continuing series that looks at security features in development for the security paper industry. The security paper industry is no stranger to the use of fluorescence. Often used in banknotes, fluorescence provides a unique security device that can only be revealed under ultra violet (UV) lights. On the Canadian [...]
It may sound like something straight out of the crime-drama CSI, but scientists in Brazil and the US are developing a method of identifying “fingerprints” on banknotes in order to spot counterfeits. The process is done using what chemists call a “mass spectrometric technique” that can detect the authenticity of a banknote in seconds. This [...]
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 [...]
With the onset of devices like colour photocopiers, personal printers, and high-quality photo printers readily available on the market, security features on banknotes are at an all time high when it comes to the technology they employ. While security features embedded in banknotes are the first line of defense when it comes to protection against [...]
In an attempt to revive the life of the £5 banknote, British banks will soon make the notes available in automated teller machines (ATMs). The Bank of England says the £5 was beginning to fall out of circulation because many people now consider the denomination to be “small change.” As a result, a bank source [...]