NEWS & INSIGHTS
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Technology
Insights
Colorshift: It’s time to go!
Security feature materials once considered secure, can over time, be weakened, as lookalike materials used in consumer and industrial applications become increasingly available.
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Insights
Technology
The role of cash automation in the modern economy
Two major innovations are currently transforming the cash economy. These are cash digitization and payment automation. The former seeks to create an ‘on ramp’ to the digital economy, especially for the unbanked, who are estimated to exceed 1.3 billion people, while the latter is rapidly making cash services more accessible.
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Banknotes
Enhanced Security on the Redesigned Banknotes from BEAC
The new series of redesigned Central African franc CFA (XAF) banknotes issued by the Bank of Central African States (BEAC) are now seeing wider circulation. All five notes have new visual designs and enhanced security features against counterfeiting.
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Banknotes
Burundi Completes Upgrade of Full Banknote Series with RAPID®
Burundi has completed the upgrade of its entire banknote series – the 500, 1000, 2000, 5000 and 10000 francs – by significantly improving the security with the addition of RAPID® micro-optic thread from Crane Currency.
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Banknotes
Central Bank of Jordan Upgrades New Series of Banknotes with RAPID® and MOTION® Switch
The Central Bank of Jordan (CBJ) has redesigned and upgraded its full series of Dinar banknotes with new advanced security features, including the micro-optic security threads RAPID® and MOTION® Switch from Crane Currency.
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Insights
“No Need for Anti-Pathogen Treatment of Banknotes”
There are many lessons to learn from the pandemic, not the least the importance of effective policies to protect the health and well-being of families. Getting the needed public confidence requires long-term and science-based strategies – also for central banks who faced questions around the safety of cash.
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Insights
Technology
The Best is Now Even Better
In today’s day and age we are constantly on the lookout for processes that simplify and make faster all aspects of our lives, including how we pay. Already fast, cash payments take about 10 seconds to conclude and of these we spend an average of about one second looking at our banknotes. Of that, only one-third of a second is typically dedicated to verifying the authenticity of our banknotes.
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Company News
Protecting Data in the Banknote Security World
For most businesses, protecting the organization and its data is a daily and ongoing battle. The biggest cyber threat in 2023 is still ransomware and organized criminals are increasingly acting as illicit service providers.