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European Central Bank ends production and issuance of €500 notes / ECB website, 4 May 2016 + + + + + + Banknotes in circulation increased by 52% from 2011 – 2015 / Banco de Mozambique + + + + + + Number of US$ notes in circulation increased from 29.5 bn in 2010 to 38.1 bn in 2015 (+29%) / Website FED + + + + + + + + + Cash Becoming Obsolete as Digital and Contactless Payments Increase / lowcards.com, 12 October 2015

Automated virtual reconstruction of damaged and destroyed banknotes

 

Since 2009, Fraunhofer IPK and Bundesdruckerei have been jointly running the SecVerification Lab Berlin. To date, the main focus of its work has been on the development and investigation of methods for verifying the authenticity of official documents. In future the focus of its activities will shift to the automated virtual reconstruction of security documents and banknotes that have been destroyed or damaged. As manual reconstruction, even of a small amount of fragments, is already enormously time-consuming, manual reconstruction of a large number of tiny fragments is frequently no longer possible or only possible with an undue expenditure of time. Accordingly, the aim of the partnership between Fraunhofer IPK and Bundesdruckerei is to develop and construct the prototype of a digitization unit.

World Banknote Summit 2018 in Frankfurt

The next World Banknote Summit will take place in the Westin Grand Hotel in Frankfurt from 24 – 26 September 2018.

 

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