currency

This tag is associated with 15 posts

NEW FEATURES: Pixelating Watermarks

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 [...]

VIDEO: BNN discusses Fortress Paper’s PM1 upgrade

Last week, Patt Bolland – host of BNN’s Trading Day – talked to Brian Pow, vice president of research and equity analyst for Acumen Capital, about Fortress Paper’s new PM1 upgrade and discussed how this change will have a positive effect on the company’s future.
Watch the clip HERE (the Fortress Paper segment begins around 3:10).
SOURCE:
BNN: [...]

North Korean won plunges in value

Nearly a month after North Korea redenominated its currency at a rate of 100 to 1 (read North Korea changes currency and rates 100 to 1), North Korea changes currency and rates 100 to 1), its international value has also begun to plunge.
Reports from South Korea’s Yonhap news agency this week stated the new North [...]

Uzbekistan Debit Woes Highlight Continual Need For Banknotes

A move to reduce the amount of banknotes used in everyday transactions in Uzbekistan has hit some rather large setbacks, at times leaving people with no cash in hand at all.
The central-Asian country recently launched a campaign to push the use of debit cards as a more convenient way of conducting transactions, with the government [...]

“Counterfeiting, A Three-Part Series.” Part 1: A history of counterfeiting

*This article is the first in a three-part series on counterfeiting.
The act of counterfeiting is as old as money itself. Plaguing ancient Rome, empirical China, newborn America, and many other nations over the past 2500 years, the illegal activity came hand in hand with the creation of money.
Even prior to the invention of coin [...]

ECB: Counterfeit euros up 8 per cent

The European Central Bank (ECB) announced today that the number of fake euro banknotes seized in the last six months rose by eight per cent from the first half of the year.
“In the second half of 2009 a total of 447,000 counterfeit euro banknotes were withdrawn from circulation,” an ECB statement said.
Though the increase is [...]

Central Bank of the Bahamas Introduces New $100 Banknote

This week the Central Bank of the Bahamas (CBB) introduced a new purple, blue, green & mauve $100 banknote into circulation bearing a picture of Queen Elizabeth II on the front and a blue marlin on the back. But colour and images aren’t the only changes that have been made.
The new $100 banknote [...]

India Attempts Crack Down on ‘Financial Terror’

India will put together a ‘financial terror dossier’ this week in an attempt to garner international support in pressuring Pakistan to immobilize a booming counterfeit currency ring that exports bogus Indian banknotes into the country.
Since the attacks in Mumbai last November, India has been aggressively building a number of cases against the neighboring Pakistan, including [...]

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 [...]

VIDEO: Fortress Paper President & CEO on BNN

Fortress Paper’s President & CEO, Chad Wasilenkoff, talks to the Business News Network (BNN) about his company’s focus on non-woven wallpaper & security paper, and speaks about upcoming innovations at their Landqart Mill in Switzerland.
Watch the BNN clip HERE, or by clicking on the image to the right.

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