Banknote

Banknote Diversity

Retrieved on: 
Wednesday, April 3, 2019

A Bill to require the Bank of England to meet standards for the representation of ethnic minority persons on banknotes; and for connected purposes.

Key Points: 

A Bill to require the Bank of England to meet standards for the representation of ethnic minority persons on banknotes; and for connected purposes.

East Africa Printing Industry Industry Report 2018 with Profiles of 37 Companies Including De La Rue Kenya

Retrieved on: 
Wednesday, March 27, 2019

DUBLIN, March 27, 2019 /PRNewswire/ -- The "The Printing Industry Industry in East Africa 2018" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • DUBLIN, March 27, 2019 /PRNewswire/ -- The "The Printing Industry Industry in East Africa 2018" report has been added to ResearchAndMarkets.com's offering.
  • This report examines East Africa's regional economy in general, with a particular focus on the printing sector in the East African Community member states and Ethiopia.
  • It includes profiles of 37 companies including De La Rue Kenya, a subsidiary of De La Rue, the world's largest commercial printer of banknotes, Nampak Kenya and the previously state-owned Rwanda Printing and Publishing, operated by a consortium comprising Rwanda's Great Lakes Communications and Media Centre and the Kenya-based company Print Fast Kenya.
  • Traditional printing, including printing of publications and textile printing, has been disrupted by rapid advances in digital technologies.

ABCorp Announces Organizational Updates For 2019

Retrieved on: 
Monday, February 4, 2019

William Brown, CEO of ABCorp, stated "Each of these individuals has extensive experience within their vertical of expertise and, more importantly, holds a detailed understanding of our customers and their needs.

Key Points: 
  • William Brown, CEO of ABCorp, stated "Each of these individuals has extensive experience within their vertical of expertise and, more importantly, holds a detailed understanding of our customers and their needs.
  • We are confident they will continue in ABCorp's effort to provide our customers best-in-class products, service and an unparalleled experience."
  • American Banknote Corporation or ABCorp dates back to 1795 in assisting the newly formed Bank of the United States to design and produce better, more counterfeit resistant currency.
  • During the past two centuries ABCorp has assisted numerous governments and blue-chip companies elevate to higher levels of security, trust and utility with their constituents and customers.

Tangem To Produce Physical Blockchain Banknotes for the Marshall Islands' Digital Currency Legal Tender

Retrieved on: 
Monday, January 28, 2019

MAJURO, Marshall Islands, Jan. 28,2019 /PRNewswire/ --Tangem, the producer of blockchain smart card wallets, announced it will issue the physical banknotes of the sovereign (SOV) - the world's first decentralized digital national currency.Once issued, SOV will join the U.S. dollar as the official legal tender of the Republic of the Marshall Islands (RMI).

Key Points: 
  • MAJURO, Marshall Islands, Jan. 28,2019 /PRNewswire/ --Tangem, the producer of blockchain smart card wallets, announced it will issue the physical banknotes of the sovereign (SOV) - the world's first decentralized digital national currency.Once issued, SOV will join the U.S. dollar as the official legal tender of the Republic of the Marshall Islands (RMI).
  • Each Tangem card will take the form of a unique physical banknote with secure blockchain-enabled microprocessor inside and combine the familiar advantages of paper banknotes with the security of blockchain technology.
  • "We are excited to partner with the Republic of the Marshall Islands to do something that has never been done before: issue a digital currency as official legal tender," said Andrey Kurennykh, co-founder of Tangem. "
  • "We are excited to bring in Tangem as another reputable and forward-thinking partner on our journey to create the world's first sovereign digital currency," saidMinister David Paul,Minister-in-Assistanceto the President of the Marshall Islands.

Euro banknote counterfeiting decreased further and remained low in the second half of 2018

Retrieved on: 
Saturday, January 26, 2019

PRESS RELEASE

Key Points: 
  • PRESS RELEASE

    Euro banknote counterfeiting decreased further and remained low in the second half of 2018

    25 January 2019

    Some 262,000 counterfeit euro banknotes were withdrawn from circulation in the second half of 2018, a decrease of 13.0% when compared with the first half of 2018 and 27.8% less than in the second half of 2017.

  • In 2018 the number and value of euro banknotes in circulation grew by around 4.0% and 3.7%, respectively.
  • There are now over 22 billion euro banknotes in circulation, with a total value of around 1.2 trillion.
  • The half-yearly figures are shown below:

    Breakdown by denomination:

    In the second half of 2018:

    Check your banknotes!

Wirecard Issues Multi-currency Visa Cards for United Money, Leading Currency Exchange Company in China

Retrieved on: 
Monday, January 21, 2019

Currently, United Money manages close to 100 exchange offices in major airports, business districts and upscale communities nationwide and serves millions of consumers.

Key Points: 
  • Currently, United Money manages close to 100 exchange offices in major airports, business districts and upscale communities nationwide and serves millions of consumers.
  • Jiang Zhongmo, founder of United Money, said "We are delighted to offer our customers a reliable and secure payment solution, which is backed by trusted industry leaders Wirecard and Visa.
  • United Money, one of the first officially recognized currency exchange companies in China, offers additional services in VAT refund processing and banknotes wholesale.
  • "This is why we are proud of the collaboration with United Money, a market leader in China in the area of currency exchange.

Global Security Paper Market Forecast to 2022 - Expected Opportunities from Unbanked Population - ResearchAndMarkets.com

Retrieved on: 
Thursday, January 17, 2019

The "Global Security Paper Market 2018-2022" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Global Security Paper Market 2018-2022" report has been added to ResearchAndMarkets.com's offering.
  • The security paper market will register a CAGR of almost 3% by 2022.
  • High share of hard cash in the global payment market will lead to a high demand from bank notes.
  • The growing global bank note market is expected to increase the demand for currency security paper, which is made using mixtures of two or more materials such as cotton and linen.

The security paper market is projected to grow from USD 11.4 billion in 2018 to USD 14.8 billion by 2023, at a CAGR of 5.42%

Retrieved on: 
Wednesday, January 9, 2019

The security paper market is projected to grow from USD 11.4 billion in 2018 to USD 14.8 billion by 2023, at a CAGR of 5.42% during the forecast period.

Key Points: 
  • The security paper market is projected to grow from USD 11.4 billion in 2018 to USD 14.8 billion by 2023, at a CAGR of 5.42% during the forecast period.
  • Further, the stringent laws and regulations, particularly in terms of control of the number of notes in circulation, is projected to hinder the security paper market growth in the near future.
  • In terms of both, value and volume, the banknotes segment is projected to lead the security paper market from 2018 to 2023.
  • In terms of value, the Asia Pacific security paper market is projected to grow at the highest CAGR during the forecast period.

First in Nation: “Skip the Slip” Bill Introduced in California Assembly to Tackle Major Impacts of Paper Receipts

Retrieved on: 
Tuesday, January 8, 2019

Reflecting the focus of Green Americas Skip the Slip campaign, the bill, introduced by Assemblymember Phil Ting (D-San Francisco), will help protect consumers and workers from the toxins that often coat paper-based receipts, while also creating substantial environmental benefits.

Key Points: 
  • Reflecting the focus of Green Americas Skip the Slip campaign, the bill, introduced by Assemblymember Phil Ting (D-San Francisco), will help protect consumers and workers from the toxins that often coat paper-based receipts, while also creating substantial environmental benefits.
  • This bill will make California a leader in addressing the impacts of paper-based receipts.
  • Assemblymember Tings bill will benefit retailers, workers, and consumers in California, and it will be an important step forward in addressing the increasing impacts of paper-based receipts.
  • The environmental and health impacts of paper-based receipts highlight the need for retailers to adopt digital receipts.

Global Security Paper Market 2018-2023: Opportunities in Technological Advancements & Innovative Features & Demonetization of Currency Notes

Retrieved on: 
Tuesday, January 8, 2019

The global security paper market is projected to reach USD 14.83 billion by 2023, at a CAGR of 5.42% from 2018.

Key Points: 
  • The global security paper market is projected to reach USD 14.83 billion by 2023, at a CAGR of 5.42% from 2018.
  • In 2017, Asia Pacific accounted for the largest share of 60.9%, in terms of value, of the security paper market.
  • The security paper market is witnessing growth due to the high circulation of money and the need for anti-counterfeit technologies.
  • Technological development and innovative printing technologies such as new paper printing machines with embedded security features within the paper itself leads to fast printing of papers, which drives the security paper market.