polymer banknotes
VIDEO: “Turning Paper Into Cash” – Bloomberg
Fortress Paper President & CEO Chad Wasilenkoff appeared live on Bloomberg Television this week to talk about the future of money.
From the technological advances in security features, to the composition of a new banknote series, to the continual need for bills around the world, Wasilenkoff highlights the importance of turning paper into cash in this [...]
“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“In the second half of 2009 a total of 447,000 counterfeit euro banknotes were withdrawn from circulation,” an ECB statement said.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 [...]
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.
India to Begin Trial Period for Polymer Banknotes
The Reserve Bank of India (RBI) announced this week that the country will begin a trial period of introducing polymer banknotes in circulation in order to eliminate the backlog of unusable worn banknotes throughout India and to combat counterfeiting.
The RBI says that India has seen a 95 per cent increase in counterfeit notes in the [...]
Royal Bank of India Lists Banknotes Security Features on its Website.
Ever wondered exactly what kind of security features are embedded in the cash you carry?
If you live in India, you no longer have to wonder.
The Reserve Bank of India (RBI) has posted a comprehensive list of security features on its Mahatma Gandhi Series banknotes on its website.
The Gandhi Series has been in production since 1996.
Though [...]
VIDEO: Polymer Banknotes Around the World
With the growth of digital printing and technology, counterfeiters can reproduce paper banknotes with little knowledge or experience, and more easily and quickly than ever before. Polymer banknotes are a deterrent to the counterfeiter, as they are much more difficult and time consuming to reproduce. They are more secure, cleaner and more durable than paper [...]
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