global banknote industry
Seven interesting intricacies of Asian currency
All banknotes are intricately designed with particular pictures, security features and unique stories.
This article posted on CNNGo.com takes a closer look at seven of the most interesting intricacies of Asian currency.
Funny money: The wacky world of Asian currencies
by La Carmina @ CNNGo.com
#1- India: Thumbs-up and peace sign rupees
India’s one-rupee coin has an image of [...]
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 [...]
“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 [...]
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 [...]
Iran follows in North Korea’s footsteps, plans to redenominate currency
A little over a month after the turmoil caused in North Korea by the redenomination of their currency (read: North Korea Changes Currency and Rates 100 to 1), Iran has also announced a similar plan.
Iranian president Mahmoud Ahmadinejad said the country would “remove zeros from its national currency, the rial, in order to make [...]
“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 [...]
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 [...]
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.
Japanese company unveils multiple currency ATM
It’s been over 40 years since the world was first introduced to the convenience of an automatic teller machine (ATM).
Invented by inventor John Shepherd-Barron, the ATM first made its appearance in London in 1967. Though the machine used PIN (personal identification number) codes it was dependent on checks impregnated with the (slightly) radioactive isotope [...]
North Korea Changes Currency and Rates 100 to 1
The North Korean government announced this week that it would be redenominate their current currency and replace old banknotes with new ones of a drastically lesser value.
Though the currency will keep the same name (the won) one hundred old won is now only worth one won – 1/100th of their previous worth.
The government made the [...]
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