Currency Associations welcome decision by EU to suspend legislation on Cash Payment Limitations Posted on 29th June 2018 by Spinnaker Currency Associations welcome decision by EU to suspend legislation on Cash Payment Limitations “No link between cash and the financing of crime and terrorism” Brussels, June 20, 2018 Associations related to cash and currency ATM Industry Association (ATMIA), European Security Transport Association (ESTA), European Intelligent Cash Protection Association(EURICPA), International Currency Association (ICA) andIntergraf, welcomed the decision by the […] Read More
Switzerland wins International Bank Note of the Year award for second consecutive year Posted on 11th June 2018 by Spinnaker The International Bank Note Society (IBNS) voted to select the Swiss National Bank as the winner of the “Bank Note of the Year Award” for 2017. With nearly sixty other candidates, the Swiss 10 Franc edged out designs from Fiji, Royal Bank of Scotland and Canada. The 10 Franc is the fourth hybrid/polymer bank note […] Read More
Join us at HSP LatAm Posted on 4th June 2018 by Spinnaker Spinnaker will be exhibiting at High Security Printing Latin America next week. Join us in the Dominican Republic to learn more about intelligent cash protection and it’s role in combating cash loss. HSP LatAm link Read More
Afghanistan to consider introducing polymer banknotes Posted on 3rd January 2018 by Spinnaker The Central Bank of Afghanistan (CBA) is assessing a proposal to print plastic banknotes for the country. Studies by the CBA show that annually banknotes to the value of 3.3 billion AFN (US$ 47.7M) are aging and falling out of use. The issue of torn and mutilated banknotes is having significant implications for the national economy. […] Read More
Wir alle lieben Bargeld, für jetzt. Posted on 28th December 2017 by Spinnaker No other nation in Europe likes paying with Bargeld as much as Germans do. According to a report by Barkow consulting, only around 5% of transactions in Germany are made by credit card. On average, each German keeps €2200 cash at home. Typically, Germans carried €103 in their wallets in 2016, compared to €65 for […] Read More
Cash is alive and kicking Posted on 16th November 2017 by Spinnaker While there has been speculation that we will soon be witnessing the “death of cash”, a Cardtronics study finds that cash is alive and well, and leading the way for some payment categories. Cash has an important place in the wallets and minds of Americans and is even leading the way in some methods of […] Read More
Bank of England announces suppliers for new £20 polymer Posted on 5th October 2017 by Spinnaker The Bank of England announced today that De La Rue plc and CCL Secure Ltd will supply the the next £20 bank note, due to be issued in 2020. CCL Secure currently supply the Guardian™ polymer for the BoE’s current £5 and £10 banknotes from their facility in Wigton, Cumbria, while De La Rue prints BoE […] Read More
IBNS – for the love of banknotes Posted on 16th June 2017 by Spinnaker The International Banknote Society has published the winner of it’s prestigious ‘Banknote of the Year’ award for 2016. The Swiss National Bank was voted this eminent distinction for the 50 franc note. With over 120 banknotes issued in 2016, the competition was significant with runners-up including the Maldives Islands 1000 Rufiyaa tortoise/whale shark; Argentina’s 500 Peso […] Read More
Australian banks call to scrap the avocado. Posted on 15th November 2016 by Spinnaker They are not something you see in your wallet every day, but the vividly coloured Australian $100 note, sometimes known as the ‘avocado’ may be scrapped if the Reserve Bank of Australia heeds calls from analysts. “Removing large denomination notes in Australia would be good for the economy and good for the banks,” UBS analysts […] Read More
New polymer £5 note selling for £65,000 on eBay. Posted on 13th October 2016 by Spinnaker A new polymer £5 note with the serial prefix AK47 is currently listed on eBay for £65000. The seller believes that this prefix with it’s connotations to the Soviet assault rifle of the same name is what is driving the auction. There are currently 12,273 £5 notes for sale on eBay with prices ranging from […] Read More