News & Insights
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Company News
Dr. Aleta Richards on Crane Currency’s Bold Path Forward
When Dr. Aleta Richards took over as President of Crane Currency in October 2024, she entered a world of tradition and transformation. Aleta Richards was no stranger to innovation or global markets. But currency is a category all its own.
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Insights
85% Decline in US $100 Counterfeits
A newly released Federal Reserve report confirms that counterfeiting of U.S. currency has dropped to historically low levels, with the $100 bill leading the decline.
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Insights
A Peek into Crane Currency's Technical Design
Stefan Fenech, Head of Technical Design at Crane Currency, ensures each banknote is secure, functional, and visually striking.
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Banknotes
Upgraded Guyana 1000-dollar with RAPID® Vision
The Bank of Guyana has taken proactive measures to ensure the security of its popular $1000 banknotes (1000 Guyana Dollars). A RAPID® security thread effective at reducing counterfeits has been upgraded to RAPID® Vision.
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Insights
The Story Behind the New Metical Banknotes in Mozambique
Banco de Moçambique is the latest example of a new modernization trend in the industry. Central banks increasingly upgrade their banknotes by incorporating the latest banknote security technology while keeping the current designs relatively unchanged.
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Insights
Today’s Trends, Tomorrow’s Cash: Real Security Begins Virtually
Public security is at the top of our agenda. And, effective security is driven by an authentication process that occurs within fractions of a second. Crane Currency has developed its own micro-optic design software to enable the fast creation and iteration of accurate central bank designs.
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Company News
Magnus Gyllenrapp – New Managing Director at Crane in Tumba
In his role, Magnus is responsible for one of the world's oldest paper mills located in Tumba, Sweden. Around 250 of a total of 1,300 Crane employees work at the facility, producing and designing cotton banknote paper.
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Banknotes
Denmark Issues Upgraded Banknotes with RAPID® - and Selects Crane Currency for New Series
The new notes follow the 500-krone banknote issued in 2020, the first in a security upgrade of the entire series in Denmark. The last upgraded 50-krone note will be put into circulation in 2025.