Banknotes in News
As the end of the year approaches, plans are well underway for the annual High Security Printingâ„˘ Europe conference, taking place in Baku, Azerbaijan from 27-29 March 2017.
The next Middle East & Africa Cash Cycle Seminar (ICCOS), the premier educational seminar focusing on the efficiency and security of the cash cycle, is taking place in Nairobi, Kenya at the Safari Park Hotel and Casino, from February 13 to 15, 2017.
The 17th Currency Conference will return to Asia for its next edition, in Kuala Lumpur (KL), Malaysia from May 14â€“17, 2017 at the elegant Shangri-La Hotel.
It is a well-known fact for Russian bank employees and experts that banknote authentication starts with checking requisites. However, unfortunately, it is not a common practice today. The Peruvian fake dollars serve a good example of how itâ€™s crucial to verify, firstly, the serial numbers on banknotes.
Many Indian banks have now started offering the facility of cash withdrawal from an ATM without debit cards and even without having a bank account.
50 dollar fake bills have come out as New Zealand's police cracks down on a counterfeit scheme.
Nine Nigerian banks have been suspended from foreign currency trading for not paying money owed to the government.
This spring Peruvian law enforcement authorities cracked down on another counterfeiterâ€™s hub in Lima, withdrawing 30 millions US dollars.
Current counterfeiting of banknotes is increasingly affected by digital printing and, in certain countries, only those types of counterfeits in recent years are found. Digital printing is used by both amateurs and experienced counterfeiters using information shared over the Internet. This affects forensic intelligence analysis (which aims to determine whether counterfeits have similar origins) more than ever before, and in order to create an effective approach, the current state of the art should be studied. These problems will be discussed in the following article, presented by Martin FĂĽrbach, Questioned Document Expert, Institute of Forensic Science, University of Lausanne (Switzerland).
Over many years Bitcoin (BTC) has always been a topic for heated debates in the financial sector. Obviously, itâ€™s an innovative payment method, and the blockchain, serving as a basis for bitcoin, has drawn more and more attention of the world leading economists. At the same time, financial and public risks, as well as the opportunities, provided by this technology, are under question, with supporters and opponents of transaction anonymity and currency, uncontrolled by central banks, being at odds with each other for a long time. Kirill Kozhevnikov, PR-manager in "Doctor Web", gave an interview to BoW, trying to answer to what extent the blockchain is dangerous as a whole, and what risks may face its users.
Taipei, April 27, the Investigation Bureau reported Wednesday that it has busted a case involving fake U.S. currency, seizing 100 banknotes with a denomination of US$1 million each.
June 2, 2016 the Bank of England announced to the public the first in its history â‚¤5 polymer banknote, which will go into circulation on 13 September 2016. New banknotes were printed by De La Rue on the GuardianÂ® substrate by Innovia Security.
Notes of 200 euros, along with 100, 50 and 20 euros, are the most counterfeited denominations among the currencies of the European Union on the territory of the Russian Federation.