|[August 21, 2013]
Cummins Allison Dicusses How Today's Modern Currency Designs Aim to Thwart Counterfeiters
MISSISSAUGA, Ontario --(Business Wire)--
Over time, as counterfeiters have become more sophisticated in creating
fake currency, so have the measures taken by countries, including
Canada, to create more sophisticated, harder-to-duplicate currency
designs. In an effort to deter forgeries, Canada's recent redesign of
five bills gives new meaning to the idea of paper or plastic. In
Canada's case, the answer was plastic. Canada chose a new substrate -
polymer - for its recently redesigned $100, $50 and $20 bill; the $5 and
$10 bills will follow suit, when they are released this fall. Polymer
replaces traditional paper-cotton material, which makes the currency
both harder to destroy as its considerably more durable and tougher to
Due to the changes in both the monetary material and security measures
to deter counterfeits, Canadian businesses must be properly prepared to
detect and process new and existing polymer bills. For example,
cash-heavy businesses such as financial institutions, credit unions,
retailers and casinos must not only make sure their currency processing
equipment is ready to accept polymer notes, but employees are properly
trained for detecting counterfeit bills.
The Anatomy of a Forgery - Tips for Spotting Counterfeit Bills
Allison, the leading innovator and provider of coin and currency
handling solutions, details what features to pay clos attention to when
spotting the real deal from a copy; in newly redesigned bills or
versions that have been in circulation for years.
Texture. The polymer bills are printed on is unique, as it is
not sold commercially. In addition, genuine bills are printed with ink
that has a slightly raised texture.
Print quality. Blurry areas, broken borders, and a general
flatness to images all indicate a forgery. Genuine bills have sharp
portraits, crisp lines and fine detailing.
Embedded, hidden text and numbers. Genuine bills contain
transparent text and hidden numbers - raising the difficulty in
Holographic images. Images, such as one on the $100 bill will
appear as a holographic likeness in a clear plastic window that
changes colors as you hold the bill at different angles.
Be Prepared for Currency Changes & Counterfeit Detection
As long as there is currency being circulated, there will be
counterfeiters trying to emulate that currency. The latest redesign
measures taken by Canada, and even the U.S., aim to thwart
counterfeiters in their quest to forge bills, yet these cannot be the
only measures taken. A currency counting machine with the ability to
detect forgeries is essential for an operation that handles cash on a
daily basis. Having the right technology on hand can ensure that no
counterfeit currency is infiltrating a cash room and being redistributed
To learn more about Cummins Allison polymer processing technology, visit http://www.cumminsallison.ca/ca/en/products/currency-handling.
About Cummins Allison
Cummins Allison is a global leader in developing technologies which
count, sort and authenticate currency. The U.S.-based company has a
125-year heritage of leadership in technology and product innovation and
currently serves the majority of financial institutions worldwide, as
well as leading organizations in retail, casinos, law enforcement and
government. The company holds more than 350 patents and has ongoing
research and development (R&D) investments double the industry average.
Cummins Allison is headquartered near Chicago, IL with R&D centers near
San Diego, CA (News - Alert) and Philadelphia, PA and wholly owned subsidiaries in
Canada, the United Kingdom, Ireland, Germany and France. The company
also has an extensive sales and service network with more than 50
offices in North America and is represented in over 70 countries. For
more information, visit www.cumminsallison.ca.
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