Banknote

CCL launches a revolutionary product for banknote security using Rolling Optics' technology

Retrieved on: 
Friday, August 28, 2020
Banknote, Written communication, Polymer banknote, Paper, Inventions, Writing

STOCKHOLM, Aug. 28, 2020 /PRNewswire/ -- Through close collaboration, CCL Secure Ltd ("CCL") and Rolling Optics have succeeded in integrating Rolling Optics' unique 3D technology into CCL's process of manufacturing polymer banknotes.

Key Points: 
  • STOCKHOLM, Aug. 28, 2020 /PRNewswire/ -- Through close collaboration, CCL Secure Ltd ("CCL") and Rolling Optics have succeeded in integrating Rolling Optics' unique 3D technology into CCL's process of manufacturing polymer banknotes.
  • An agreement between Rolling Optics and CCL provides CCL with a non-exclusive licence to integrate Rolling Optics' technology into banknotes, with Rolling Optics obtaining a royalty for each manufactured and sold banknote featuring its 3D technology.
  • The first limited-edition commercial banknote, a commemorative banknote featuring Rolling Optics' technology, is expected to be issued within a year.
  • Rolling Optics offers micro-optic security solutions in three business spheres; High Security, where Rolling Optics' 3D technology is integrated into documents issued by banks and government agencies, e.g.

Cash Remains King: Despite Pandemic Panic, Americans Aren't Ditching Their Dollars

Retrieved on: 
Wednesday, August 19, 2020
Articles, Economy, Currency, Cash, Money, Banknote, Aid

According to the study, large numbers of Americans are not yet willing to part with paper money.

Key Points: 
  • According to the study, large numbers of Americans are not yet willing to part with paper money.
  • Only 16% of people said they had cut back on the amount of cash they use.
  • Cash is least favored in the South, where only 42% usually carry it.
  • CoinFlip believes that there will always be a need for cash because of the significant underbanked population and other cash economies that exist.

Business Reporter: The gold-backed crypto that's the modern answer to today's currency shortfalls

Retrieved on: 
Friday, July 31, 2020
Economy, Chemical elements, Articles, Currency, Token coin, Gold standard, Money, Fiat money, Gold, Banknote, Token

From the ancient Egyptians to the Romans and the Aztecs, its intrinsic value has never been up for debate.

Key Points: 
  • From the ancient Egyptians to the Romans and the Aztecs, its intrinsic value has never been up for debate.
  • Until not so long ago, countries used a gold standard to back paper money.
  • But modern monetary theory is dominated by fiat money, the downfalls of which have been thrown into sharp relief in recent years.
  • These tokens are backed with actual, audited and vaulted gold each token is a digital representation of one gram of gold.

CAST welcomes the INSPQ’s recommendations on the acceptability of cash payments

Retrieved on: 
Wednesday, July 8, 2020
Economy, Banknote, Written communication, Cash, Money, Articles, Economy, Banknote, Written communication, Cash, Money, Articles

MONTREAL, July 08, 2020 (GLOBE NEWSWIRE) -- The Canadian Association of Secured Transportation (CAST) welcomes the latest recommendations from the Institut national de sant publique du Qubec (INSPQ) to the effect that cash transactions are acceptable by stores and businesses.

Key Points: 
  • MONTREAL, July 08, 2020 (GLOBE NEWSWIRE) -- The Canadian Association of Secured Transportation (CAST) welcomes the latest recommendations from the Institut national de sant publique du Qubec (INSPQ) to the effect that cash transactions are acceptable by stores and businesses.
  • Moreover, these good health and safety practices are necessary regardless of the payment method.
  • These recommendations are identical to those issued by the World Health Organization concerning coins and banknotes.
  • Given that many Quebecers want to take advantage of the multiple benefits of cash, we are very satisfied with the INSPQs recommendations in favour of its continued availability.

Coins.HiBid.com: HiBid's Specialized Portal for Rare Coins, Bank Notes & Other Collectible Currency

Retrieved on: 
Thursday, June 18, 2020
Auctions, Auction theory, Microeconomics, Marketing, Online auction, Inventions, Banknote, Sandhills Global

Coins.HiBid.com provides numismatists and casual coin buyers alike with a specialized source for online auctions featuring coins, paper currency, and other valuable items.

Key Points: 
  • Coins.HiBid.com provides numismatists and casual coin buyers alike with a specialized source for online auctions featuring coins, paper currency, and other valuable items.
  • To locate a coin and currency auction near you, visit Coins.HiBid.com and click the auction map .
  • To get started selling on HiBid.com or any of its niche portal sites, click here or contact us directly.
  • Auction Flex and HiBid, products of Sandhills Global, were built from the ground up to function together seamlessly.

Global Printing and Writing Paper Market 2020-2024 | Evolving Opportunities with 3M Co. and International Paper Co. | Technavio

Retrieved on: 
Friday, June 5, 2020
Forest Products, Natural Resources, Printing, Articles, Writing, Packaging materials, Materials, Paper, Stationery, Banknote

View the full release here: https://www.businesswire.com/news/home/20200605005283/en/

Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20200605005283/en/
    Technavio has announced its latest market research report titled Global Printing and Writing Paper Market 2020-2024 (Graphic: Business Wire)
    Read the 131-page report with TOC on "Printing and Writing Paper Market Analysis Report by Type (printing paper and writing paper) and Geographic Landscape (APAC, Europe, MEA, North America, and South America), and the Segment Forecasts, 2020-2024".
  • In addition, the rising demand for recycled paper is anticipated to boost the growth of the printing and writing paper market.
  • The company offers a wide variety of printing and writing papers, which includes Alfa Plus and Bible Printing.
  • Printing And Writing Paper Market Type Outlook (Revenue, USD billion, 2020-2024)
    Printing And Writing Paper Market Geographic Outlook (Revenue, USD billion, 2020-2024)

COVID-19: Currency Poses No Greater Risks Than Bank Cards or Mobile Phones

Retrieved on: 
Wednesday, May 6, 2020
Financial risk, Articles, Actuarial science, Risk, Economy, Banknote, Writing

Based on the best available scientific literature, handling currency carries little risk of contracting COVID-19.

Key Points: 
  • Based on the best available scientific literature, handling currency carries little risk of contracting COVID-19.
  • Bank notes are legal tender in Canada, and many citizens use them to obtain essential goods and services.
  • Its important to keep in mind that the risks posed from handling cash are no greater than those posed by touching other common surfaces like doorknobs, kitchen counters and handrails.
  • CAST believes, based on the best available scientific literature, that handling currency carries little risk of contracting COVID-19, so long as proper procedures are followed the same precautions that are recommended in handling debit/credit cards or mobile phones.

Global Banknote Market Report with Potential Impact of COVID-19: 2020 Edition

Retrieved on: 
Thursday, April 16, 2020
Economy, Banknote, Written communication, Financial services, Bank, Paper

The global banknote market volume is segmented into Notes with thread and Notes without thread.

Key Points: 
  • The global banknote market volume is segmented into Notes with thread and Notes without thread.
  • The global banknote market is highly dominated by production of banknotes with security threads.
  • The global banknote market is expected to grow in future due to improving economic conditions, rising global population and growing number of ATMs.
  • The report provides a comprehensive analysis of the global banknote market, segmented into state print works (SPW), commercial print works, and overspill SPMs.

Currency Counting Machine Market 2020-2024 | Need for Accurate Counting of Currency to Boost Market Growth | Technavio

Retrieved on: 
Monday, April 6, 2020
Banking, Professional services, Economy, Currency, Finance, Banknote, Written communication, Currency-counting machine, United States dollar, Euro, Digital currency

The currency counting machine market is expected to grow by USD 62.11 million during 2020-2024, according to the latest market research report by Technavio.

Key Points: 
  • The currency counting machine market is expected to grow by USD 62.11 million during 2020-2024, according to the latest market research report by Technavio.
  • View the full release here: https://www.businesswire.com/news/home/20200406005359/en/
    Technavio has announced its latest market research report titled Global Currency Counting Machine Market 2020-2024 (Graphic: Business Wire)
    Counting a large number of banknotes or coins manually can result in counting mistakes.
  • Currency counting machines provide high levels of accuracy in the process of counting banknotes and coins.
  • The APAC region led the currency counting machine market in 2019, followed by Europe, North America, MEA, and South America respectively.

UTC Announces Pricing of Otis' Notes Offering

Retrieved on: 
Wednesday, February 19, 2020
Farmington, Connecticut, Companies, Economy, Otis Elevator Company, United Technologies Corporation, Arrears, United Technologies, Banknote, Business

FARMINGTON, Conn., Feb. 19, 2020 /PRNewswire/ --United Technologies Corp. (NYSE: UTX) ("UTC") announced today that its wholly-owned subsidiary, Otis Worldwide Corporation ("Otis"), priced an offering of 144A notes with registration rights of $1.3 billion of 2.056% notes due 2025 (the "5-Year Notes"), $500 million of 2.293% notes due 2027 (the "7-Year Notes"), $1.5 billion of 2.565% notes due 2030 (the "10-Year Notes"), $750 million of 3.112% notes due 2040 (the "20-Year Notes"), $750 million of 3.362% notes due 2050 (the "30-Year Notes") and $500 million of floating rate notes due 2023 (the "Floating Rate Notes" and, together with the 5-Year Notes, the 7-Year Notes, the 10-Year Notes, the 20-Year Notes and the 30-Year Notes, the "Notes").

Key Points: 
  • FARMINGTON, Conn., Feb. 19, 2020 /PRNewswire/ --United Technologies Corp. (NYSE: UTX) ("UTC") announced today that its wholly-owned subsidiary, Otis Worldwide Corporation ("Otis"), priced an offering of 144A notes with registration rights of $1.3 billion of 2.056% notes due 2025 (the "5-Year Notes"), $500 million of 2.293% notes due 2027 (the "7-Year Notes"), $1.5 billion of 2.565% notes due 2030 (the "10-Year Notes"), $750 million of 3.112% notes due 2040 (the "20-Year Notes"), $750 million of 3.362% notes due 2050 (the "30-Year Notes") and $500 million of floating rate notes due 2023 (the "Floating Rate Notes" and, together with the 5-Year Notes, the 7-Year Notes, the 10-Year Notes, the 20-Year Notes and the 30-Year Notes, the "Notes").
  • Interest on the 10-Year Notes, the 20-Year Notes and the 30-Year Notes will be payable semi-annually, in cash in arrears, on February 15 and August 15 of each year, commencing on August 15, 2020.
  • Each series of Notes initially will be guaranteed on an unsecured, unsubordinated basis by UTC.
  • Otis intends to use the net proceeds from the sale of the Notes to make a cash distribution to UTC.