Category: Uncategorised

Ulster Bank reveals new ‘portrait’ design banknotes

Ulster Bank revealed a new series of portrait style banknotes this week. The new design will be vertically oriented (portrait) and will be themed ‘Living in Nature’. The £5 note will focus on the sea and migration and features Strangford Lough and Brent Geese. The new £10 note will emphasise growth of agriculture and heritage, […]

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Size matters in Canada – denominations are function specific

Banknote denominations affect people’s demand for physical cash. A study by the Bank of Canada has highlighted a trend in deposit behaviour between interest rates and deposit behaviour. The working paper looked at the probability that as interest rates increase, users are more likely to deposit high value notes C$1000 (US$783) and less likely to deposit smaller […]

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Join Spinnaker at ICCOS Europe in Dublin

Spinnaker is pleased to be a sponsor of the ICCOS Cash Cycle Seminar next month. We will be in Dublin between the 16-19 April. We will be talking about how our technology can eliminate cash loss, deter theft and keep track of your assets. If you would like to arrange a meeting, send us an […]

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Bank of England unveils polymer £10 note

Today the Bank of England unveiled the new £10 banknote. Like the £5 note, this is a polymer note and will be officially launched on the 14th September. The Bank of England has ordered a printing run of a billion ‘tenners’ which will be distributed in anticipation of the autumn launch. The old ten will start […]

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Loomis AB acquires Cobelguard

Loomis AB has entered into an agreement to acquire 100% of Belgian CIT provider, Cobelguard in a deal valued at twelve million euro. This acquisition will give Loomis around 20% of the cash market in Belgium, with the majority held by G4S.

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Are you ready for Security Essen?

Spinnaker will be showcasing a brand new stand and technology and stand at Security Essen this week. We will be demonstrating our new asset tracking systems, cash protection solutions and the latest idea in protecting ATMs from gas attacks. We really look forward to seeing you on the stand!

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