The Bank of Canada unveiled a new $20 bill last week, the latest banknote in their polymer series. The note is the third bill to be released in the series and features several security features to prevent counterfeiting. There are nine distinctive features on the new $20 bill: – Raised Ink: This feature appears on [...]
The Bank of Canada is set to unveil its new $20 bill this week, the third in its series of new polymer banknotes. The new $20 note will feature an updated portrait of Queen Elizabeth II on the front and the Canadian National Vimy Memorial on the back. According to a press release, the design [...]
Nearly a year after Sweden’s central bank announced the country’s banknotes would be changing design, Sveriges Riksbank unveiled the first glimpse of the new notes. The new notes will span all the denominations – 20, 50, 100, 200, 500 & 1,000 kronor – and the design will feature famous Swedes such as film director Ingmar [...]
On the heels of coins embedded with QR codes released by the Royal Dutch Mint last year, Sweden unveiled a glimpse at what could be the world’s first banknotes embedded with QR codes. QR codes – also known as Quick Response codes – play the role of an enhanced barcode. The pattern consists of black [...]
Five months after the United Arab Emirates (UAE) introduced new Dh500 bills, the Central Bank said it is still experiencing problems with automated teller machines (ATMs) accepting the new banknotes. The bills feature new anti-counterfeiting devices such as transparent windows that are proving to be incompatible the existing ATMs. Rashid Al Fandi, executive director of [...]
The States of Jersey unveiled a special commemorative banknote that features a holographic portrait of Queen Elizabeth this week. Available June 1, the £100 banknote is a special edition note that marks the Queen’s Diamond Jubilee. In order to manufacture the note, a law dating back to 1959 that limited the maximum denomination of any [...]
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 [...]
New research from the University of Washington shows that metal detectors at security checkpoints were able detect and count smuggled stacks of banknotes. According to an article published by Gizmodo, “physicists Christopher Fuller and Antao Chen found that ordinary handheld metal detectors were ale to recognize magnetic ink in a single dollar bill from just [...]
The Bank of Canada will begin circulating its new $50 polymer banknote this week. The bill is the second in a series of new banknotes the Bank of Canada will introduce over the next two years. The first note, the $100 denomination, was released in November 2011. The new Canadian banknotes feature security devices such [...]
The Bank of Namibia announced this week that it will release a new series of banknotes on March 21. The new series will cover the N$10, N$20, N$50, N$100 and N$200 banknotes, and will be equipped with heightened security features to prevent counterfeiting. These new banknotes will also feature a change in design. The portrait [...]