Scientists in Saudi Arabia have created banknotes containing radio frequency identification (RFID) to prevent counterfeiting. In the world of specialty paper, RFID tags or chips are typically associated with electronic passports. Containing a carrier’s biometric information, the RFID chips facilitate faster and more secure passage at border crossings. Researchers at the King Abdullah University of [...]
The Bank of Thailand introduced the first banknote in their new series this week. The new 50-Baht note remains similar in size and colour to the old version, but like the rest of the notes that will be released over the next several years, it also contains increased security features. Among existing features, the new [...]
The new £50 banknote was released into circulation this week in the UK, but the Bank of England said consumers should be aware of all the new security features on the note in order to avoid any fakes. Some simple measures for verifying the authenticity of the new notes include: – checking for the unique [...]
Though some believed the currency could see a massive overhaul, bank officials in New Zealand announced that the design of their new banknote series will remain similar when the notes are released in 2014. A point of contention for the new notes was the depiction of Queen Elizabeth on the country’s $20 banknote. A recent [...]
For the first time in over a decade, the Reserve Bank of New Zealand is planning on introducing a new series of banknotes. “In its annual statement of intent for 2011-2014, the bank said it would soon begin planning for a new series…which would include adding new security features to prevent counterfeiting,” Stuff.co.nz wrote last [...]
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 [...]
The new US $100 banknote is being called “the next generation one hundred” by the US Treasury Department. Along with a redesign of the bill’s graphic layout and the addition of some colour, several new security features have been added to the bill while some old ones maintain their presence. The newest, and arguably the [...]