Cashless Societies?

There exist many cashless mini-societies, like university campuses, hospitals, or resorts that use some sort of stored-value card setup to avoid much of the need for any cash to be carried around. Sweden is leading the way towards a fully cashless society — In most Swedish cities, public buses don’t accept cash; tickets are prepaid … Continue reading

Cash or Credit?

The difference between cash transactions and non-cash transactions is palpable. Paying with physical banknotes feels like a legitimate trade — the cause-and-effect plays out before you. And this is how we are conditioned to experience monetary value: through this kind of transfer. Credit cards and other non-cash methods of payment lead to a different kind … Continue reading

How do you market a currency company?

While most companies that influence our everyday lives pay untold millions of dollars to cram their names and logos down our throats, few people know the names of the firms that make some of the most ubiquitous objects in the world. And they like it that way. Many of the countries with the most high-tech … Continue reading

Contactless Payment

Contactless payment occurs, for all intents and purposes, in two forms: the smartcard and the smartphone. Contactless payment systems are credit cards and debit cards, key fobs, smartcards or other devices which use RFID for making secure payments. The embedded chip and antenna enable consumers to wave their card or fob over a reader at … Continue reading

Currency Security Technologies

Some definitions for technologies, processes, and other terms involved in the security printing industry. See here for the individual trademarked names that have been given to different proprietary versions of these technologies. The substrate is the material that is being printed on, typically paper. Overt security devices are meant to be easily seen by the naked eye; … Continue reading

Trademarked Currency Security Technologies

A long if not necessarily complete list. Crane: MOTION – “the new standard in optical security features,” “first micro-optic based material ever used in banknotes. MOTION images appear to move in a fascinating and counter-intuitive way, as if floating on a liquid surface. This striking effect is caused by a micro-lens array interacting with a … Continue reading

Early Currency Security Tech

In 1842, Zenas turned management of the company over to two of his sons, Zenas Marshall Crane and James Brewer Crane. Two years later, Zenas Marshall developed a paper that significantly deterred the altering of banknotes. He was able to imbed silk threads vertically into the paper to indicate the note’s denomination: one silk thread … Continue reading